Groww IPO day 2: The preliminary public providing (IPO) of Billionbrains Storage Ventures Ltd, popularly often called Groww, opened on 4 November 2025 and can stay open till November 7, 2025. This implies the Groww IPO date shall be from November 4 to 7, 2025. The Bengaluru-based fintech firm has declared the Groww IPO worth band at ₹95 to ₹100 per fairness share. The Recent Capital-cum-Supply for Sale goals to boost ₹6,632.30 crore from the Groww IPO, out of which ₹1,060 crore is meant to be raised by way of the issuance of recent shares. The remaining ₹5,572.30 crore is reserved for the Supply for Sale (OFS) route.
Groww IPO GMP at this time
In the meantime, shares of the fintech firm proceed to commerce positively within the gray market. In accordance with market observers, shares of Billionbrains Storage Ventures Ltd can be found at a premium of ₹14 within the gray market at this time. So, Groww IPO GMP at this time is ₹14, which is ₹3 decrease than Tuesday’s Groww IPO GMP of ₹17. They mentioned that the dip within the Groww IPO GMP may be attributed to a tepid investor response, which is seen within the Groww IPO subscription standing and promoting stress within the Indian inventory market. Nevertheless, they famous that the large Groww IPO measurement may also be a motive for the gradual response by traders.
Groww IPO subscription standing
After the top of bidding on day one, the general public subject had been booked 0.57 occasions, the retail portion of the e-book construct subject had been stuffed 1.91 occasions, and the NII section of the general public subject had been subscribed 0.59 occasions. The QIB section of the general public subject had been booked 0.10 occasions.
Groww IPO assessment
Anand Rathi has assigned a ‘subscribe’ tag to the e-book construct subject, saying, “On the higher worth band, the corporate is valued at 33.8x FY25 P/E, implying a post-issue market capitalisation of ₹6,17,360 million. Groww goals to strengthen its pan-India model by specializing in belief, transparency, and monetary inclusion, whereas increasing its buyer base organically by way of word-of-mouth and leveraging its operational effectivity to drive development. The corporate additionally plans to diversify its product suite with choices like MTF, commodity derivatives, API buying and selling, wealth administration (‘W’), LAS, and Bonds to reinforce engagement, pockets share, and AARPU. Contemplating these components, the IPO seems absolutely priced and is rated “Subscribe – Lengthy Time period.”
Arihand Capital has additionally assigned a ‘purchase’ tag to the general public subject, saying, “On the higher band of ₹100, the problem is valued at a P/E ratio of 33.84x, based mostly on an EPS of ₹2.96 per share. We’re recommending a “Subscribe for itemizing achieve” score for this subject.”
BP Equities, Canara Financial institution Securities, DR Choksey, Reliance Securities, SBI Capital Securities, SIFS, Sushil Finance, Swastika Investmart, and Ventura Securities have additionally assigned a ‘subscribe’ tag to the Groww IPO.
Disclaimer: This story is for academic functions solely. The views and proposals above are these of particular person analysts or broking corporations, not Mint. We advise traders to verify with licensed specialists earlier than making any funding choices.
