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Groww IPO – Subscription Status, Dates, and How to Apply

Nupur Wankhede Posted on November 04, 2025

Explore how Groww’s IPO opened in the market, including key details such as issue structure, price band, opening-day performance, and a step-by-step guide on how to apply through ASBA or UPI.

The Groww (Billionbrains Garage Ventures Ltd.) IPO opened for subscription on November 4, 2025, marking the public debut of one of India’s promising technology-led enterprises.

The company, known for its diversified innovation-driven operations spanning technology services, automation, and digital solutions, has launched a ₹6,632.31 crore IPO through the book-building route.

This public offer is a pure Offer for Sale (OFS), allowing existing shareholders to offload part of their holdings. With a price band set at ₹95–₹100 per share and a face value of ₹2, the issue has already caught the attention of investors keen on participating in India’s expanding technology and digital innovation ecosystem.

Groww IPO Subscription Status

On its opening day, the Groww (Billionbrains Garage Ventures Ltd.) IPO witnessed initial retail participation and investor curiosity, setting the stage for the next few days of bidding. The IPO remains open for subscription until November 7, 2025.

Day 1 Subscription Status (November 4, 2025)

The IPO timeline below details the important dates and procedural milestones associated with the public issue:

Detail	Information
IPO Open Date	November 4, 2025
IPO Close Date	November 7, 2025
Face Value	₹2 per share
Price Band	₹95 – ₹100 per share
Issue Size	₹6,632.31 crore
Type	Book Building (Offer for Sale)

The IPO opened on a steady note, with early interest led by retail investors and small institutions. While category-wise subscription data is yet to be disclosed, the offering is being closely tracked as part of India’s next wave of SME and innovation-focused public issues.

Investor sentiment on Day 1 indicates a cautiously optimistic approach, as participants await broader institutional activity in the coming sessions.

Groww (Billionbrains Garage Ventures Ltd.) IPO Price Band and Lot Size

The Groww IPO price band is set between ₹95 and ₹100 per share, with a face value of ₹2 per share. Investors can place bids for a minimum of 150 shares (1 lot) and in multiples of 150 shares thereafter.

At the upper price limit, one lot amounts to an investment of ₹15,000, positioning the IPO as a cost-effective opportunity for retail investors to gain exposure to India’s rapidly growing technology and innovation-driven ecosystem.

This accessible lot structure ensures participation from small investors while allowing larger investors to scale their bids as per their investment appetite.

Investor Category	Lots	Shares	Amount (₹)
Retail (Min/Max)	1	150	₹15,000
S-HNI (Min)	14	2,100	₹2,10,000
S-HNI (Max)	66	9,900	₹9,90,000
B-HNI (Min)	67	10,050	₹10,05,000

The IPO structure encourages balanced participation across investor classes — from retail applicants looking for affordable entry into the technology sector to institutional investors exploring scalable growth potential in India’s innovation landscape.

For more insights and live updates on subscription and allotment, visit the Groww (Billionbrains Garage Ventures Ltd.) IPO on Bajaj Markets.

Groww IPO Open Date, Close Date, and Allotment Date

The following table outlines the tentative IPO timeline for investors’ reference:

Event	Date	Details
IPO Open Date	November 4, 2025	Subscription opens for investors
IPO Close Date	November 7, 2025	Final day to apply
Basis of Allotment	November 10, 2025	Share allotment finalisation
Initiation of Refunds	November 11, 2025	Refunds for unallotted shares begin
Credit of Shares to Demat	November 11, 2025	Allotted shares credited to Demat accounts
Listing Date (NSE/BSE)	November 12, 2025	Expected market debut
UPI Mandate Cut-Off Time	5 PM, November 7, 2025	Last time to confirm UPI payment mandate

Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.

How to Apply for Groww IPO

Investors can apply for the Billionbrains Garage Ventures IPO using ASBA (via Net Banking) or UPI (through broker platforms). Both options are SEBI-approved and ensure a secure, paperless application experience.

Through ASBA (Net Banking)

To apply via your bank’s ASBA service:

Log in to your internet banking account.
Go to the ‘Investments’ or ‘IPO Application’ section.
Select ‘Groww IPO’ from the list.
Enter your lot quantity and bid price.
Confirm and submit your application.
The bid amount will be blocked in your account until allotment.
Upon allotment, the amount will be debited, and shares will be credited to your Demat account.

Through UPI via Broker Platforms

Alternatively, investors can apply through broker platforms or financial marketplaces using UPI.

Log in to your Demat account or trading account on your broker’s platform or a financial marketplace.
Go to the IPO section and select ‘Groww IPO’.
Enter your bid details, including quantity and price.
Provide your UPI ID linked to your bank account.
Approve the UPI mandate request via your UPI app (BHIM, Google Pay, PhonePe, etc.).
Funds will be blocked until allotment and debited only if shares are allotted.
Allotted shares will be credited automatically to your Demat account.

Disclaimer

The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the IPO window.

Sources:

LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner

Hi! I’m Anshika

Financial Content Specialist

Anshika brings 7+ years of experience in stock market operations, project management, and investment banking processes. She has led cross-functional initiatives and managed the delivery of digital investment portals. Backed by industry certifications, she holds a strong foundation in financial operations. With deep expertise in capital markets, she connects strategy with execution, ensuring compliance to deliver impact.