Groww IPO Allotment Status: Check Steps To Verify Status

The basis of allotment for the ₹6,632.30 crore Groww IPO will be announced today, 10 November 2025. Investors can check the IPO allotment status through the official websites of the NSE, BSE, or the IPO’s registrar, MUFG Intime India.

Procedure to Check Groww IPO Allotment Status Online On NSE

• Visit the NSE’s IPO allotment verification status page here.
• Select “Equity & SME IPO bid details”.
• In Select Symbol, select “GROWW”.
• Enter your PAN No. and application No.
• Click “Submit”.

Procedure to Check Groww IPO Allotment Status Online On BSE

• Click here to visit the application status page.
• In Issue Type, “Equity”.
• In Issue Name, select “Billionbrains Garage Ventures Limited”.
• Enter your “Application No.” or “PAN No.”
• Click on “I am not a robot”.
• Click “Submit”.

Procedure to Check Groww IPO Allotment Status on MUFG Intime India Private Limited (Registrar to the issue)

• Click here to visit MUFG Intime’s application status page. 
• Under, Please select company, “Billionbrains Garage Ventures Limited”.
• Enter any of the following details. 
• PAN
• App. No.
• DP/Client ID  
• Account No / IFSC
• Click “Submit”.

Groww IPO Overview 

The Groww IPO is a book-building issue of ₹6,632.3 crore, consisting of a fresh issue of ₹1,060 crore and an offer for sale of ₹5,572.30 crore. The bidding window was open from November 4, 2025, to November 7, 2025, during which the IPO received a total subscription of 17.59 times the offer size. 

The price band is set between ₹95 and ₹100 per share. 

The book-running lead managers for the IPO are Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited, Citigroup Global Markets India Private Limited, Axis Capital Limited, and Motilal Oswal Investment Advisors Limited, while MUFG Intime India Private Limited (Link Intime) serves as the registrar for the IPO. 

Groww IPO Overall Subscription Status

[7 November, 2025, End of the day]

Utilisation of IPO Proceeds

The net proceeds from the fresh issue will be used towards  

• Performance marketing activities
• To fund expenditure towards cloud infrastructure and inorganic growth through unidentified acquisitions
• Brand building 
• Invest in material subsidiaries, 
• Groww Creditserv Technology Private Limited and 
• Groww Invest Tech Private Limited, to augment its capital base and fund the margin trading facility (“MTF”) business, respectively. 
• General corporate purposes 
  

Groww Business Overview 

Groww is one of India’s leading online investment platforms, offering a seamless and transparent way for individuals to invest in a wide range of financial products. Initially launched as a mutual fund investment platform, the company has since expanded into stocks, ETFs, derivative trading, IPOs, bonds, commodities, and APIs for automated trading. 

Groww is India’s largest and fastest-growing investment platform by active users on NSE as of June 30, 2025. 

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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To read the Groww IPO disclaimer, please click here