Are you one of the millions of investors who applied for the highly anticipated Groww IPO? The wait is finally over! The Groww IPO allotment status has been finalized on November 10, 2025, and investors across India are eager to know if they’ve secured shares in this landmark public offering. With the IPO receiving an overwhelming subscription of 17.60 times, competition was fierce, and now it’s time to check if Lady Luck smiled upon your application.
In this comprehensive guide, we’ll walk you through everything you need to know about checking your Groww IPO allotment status, understanding the allocation process, exploring what happens next, and preparing for the upcoming listing on November 12, 2025. Whether you’re a first-time IPO investor or a seasoned market participant, this guide will answer all your burning questions.
Table of Contents
- Groww IPO Overview: Key Details at a Glance
- What is Groww IPO Allotment Status?
- How to Check Groww IPO Allotment Status: 3 Easy Methods
- Method 1: Check via MUFG Intime India (Registrar Website)
- Method 2: Check via BSE Website
- Method 3: Check via NSE Website
- What Happens After Groww IPO Allotment?
- Groww IPO Listing Date and Expected Performance
- What If You Didn’t Get Allotment?
- Open Your Free Demat Account for Future IPOs
- Frequently Asked Questions (FAQ)
- Conclusion
Groww IPO Overview: Key Details at a Glance
Before diving into the Groww IPO allotment status checking process, let’s understand what made this IPO one of the most talked-about offerings of 2025. Groww, officially known as Billionbrains Garage Ventures Limited, is India’s leading fintech platform with over 12.6 million active clients and a commanding 26% market share as of June 2025.
| IPO Parameter | Details |
|---|---|
| Company Name | Billionbrains Garage Ventures Limited (Groww) |
| Issue Size | ₹6,632.30 Crore |
| Fresh Issue | ₹1,060 Crore |
| Offer for Sale (OFS) | ₹5,572.30 Crore |
| Price Band | ₹95 – ₹100 per share |
| Lot Size | 150 Shares |
| Minimum Investment | ₹15,000 (at upper price band) |
| Subscription Dates | November 4-7, 2025 |
| Total Subscription | 17.60 Times |
| Allotment Date | November 10, 2025 |
| Listing Date | November 12, 2025 |
| Registrar | MUFG Intime India Private Limited |
| Listing Exchanges | BSE & NSE |
Fund Utilization Plan
Understanding where Groww plans to invest the fresh issue amount of ₹1,060 crore is crucial for long-term investors:
- ₹225 Crore – Brand building and performance marketing activities to expand market reach
- ₹205 Crore – Investment in Groww Creditserv Technology (NBFC arm) to strengthen capital base
- ₹167.5 Crore – Funding Groww Invest Tech Pvt Ltd for margin trading facility expansion
- ₹152.5 Crore – Strengthening cloud infrastructure for better scalability
- Remaining Amount – Inorganic growth through strategic acquisitions and general corporate purposes
For detailed financial projections and risk factors, you can access the official Groww DRHP (Draft Red Herring Prospectus) document.
What is Groww IPO Allotment Status?
The Groww IPO allotment status refers to the official announcement regarding whether your IPO application has been successful or not. When an IPO is oversubscribed (as in Groww’s case with 17.60x subscription), not all applicants receive shares. The registrar uses a computerized lottery system to allocate shares fairly among retail investors, while institutional and HNI categories follow proportionate allotment methods.
Understanding the Allotment Process
The allotment process for the Groww IPO allotment status follows SEBI guidelines:
- Retail Individual Investors (RII) – If the retail category is oversubscribed, shares are allotted through a lottery system. Each applicant has an equal chance of receiving one lot (150 shares).
- Non-Institutional Investors (NII) – Proportionate allotment based on application size and oversubscription level.
- Qualified Institutional Buyers (QIB) – Proportionate allotment to mutual funds, insurance companies, and other institutional investors.
How to Check Groww IPO Allotment Status: 3 Easy Methods
Checking your Groww IPO allotment status is a straightforward process that can be completed in minutes. There are three official methods to verify whether you’ve been allocated shares. Each method is equally reliable, so you can choose whichever is most convenient for you.
Method 1: Check Groww IPO Allotment Status via MUFG Intime India (Registrar Website)
The registrar’s website is the most direct and reliable source for checking your Groww IPO allotment status. MUFG Intime India is the official registrar for Groww’s public offering.
Step-by-Step Guide:
- Visit the Registrar Website: Go to MUFG Intime India IPO Allotment Status page
- Select Company Name: From the dropdown menu, select “Billionbrains Garage Ventures Limited (Groww)”
- Choose Application Type: Select your preferred option:
- PAN Number
- Application Number
- DP/Client ID
- Account Number/IFSC Code
- Enter Details: Input your selected identification details accurately
- Enter Captcha: Fill in the security captcha code displayed on the screen
- Click Submit: Hit the submit button to view your Groww IPO allotment status
The result page will clearly indicate whether shares have been allotted to you, the number of shares allocated, and any applicable refund information if your application was unsuccessful or partially filled.
Method 2: Check Groww IPO Allotment Status via BSE Website
The Bombay Stock Exchange (BSE) also provides a dedicated portal for checking the Groww IPO allotment status. This method is particularly useful if you’re already familiar with the BSE platform.
Step-by-Step Guide:
- Visit BSE Portal: Navigate to BSE IPO Application Status page
- Select Issue Type: Choose “Equity” from the issue type dropdown
- Select Issue Name: Pick “Billionbrains Garage Ventures Limited” from the list
- Enter Application Details: Input your Application Number or PAN Number
- Verify Captcha: Complete the captcha verification
- Submit and Check: Click on the search button to view your allotment status
Method 3: Check Groww IPO Allotment Status via NSE Website
The National Stock Exchange (NSE) offers another reliable platform to verify your Groww IPO allotment status. NSE’s interface is user-friendly and provides instant results.
Step-by-Step Guide:
- Access NSE Portal: Go to NSE IPO Application Tracking page
- Select Category: Click on “Equity and SME IPO”
- Choose Company: Select “Groww (Billionbrains Garage Ventures)” from the company list
- Enter PAN: Input your Permanent Account Number (PAN)
- Complete Verification: Fill in the captcha code
- View Status: Click submit to check your Groww IPO allotment status
What Happens After Groww IPO Allotment?
Once the Groww IPO allotment status has been finalized, several important events follow in quick succession. Understanding this timeline will help you prepare for the next steps.
Timeline of Post-Allotment Events
| Event | Date | What Happens |
|---|---|---|
| Allotment Finalization | November 10, 2025 | Allotment status becomes available on registrar and exchange websites |
| Refund Initiation | November 11, 2025 | Unsuccessful applicants receive refunds to their bank accounts or UPI unblock notifications |
| Credit to Demat Account | November 11, 2025 | Allotted shares are credited to successful applicants’ demat accounts |
| Listing Date | November 12, 2025 | Groww shares begin trading on BSE and NSE |
If You Received Allotment
Congratulations! If your Groww IPO allotment status shows successful allocation, here’s what you need to know:
- Share Credit: Your allotted shares will be credited to your demat account by November 11, 2025. You’ll receive a notification from your depository participant (DP).
- Payment Deduction: If you applied through UPI, the blocked amount will be debited from your account. If you used ASBA, the amount will be deducted from your bank account.
- Trading Options: Once shares are credited, you can hold them for long-term investment or sell them on the listing day (November 12, 2025).
- Monitor Market: Keep an eye on pre-listing grey market premium (GMP) and expert opinions to make informed decisions about holding or selling.
Many investors struggle with deciding when to sell their holdings. Understanding stock trading vs stock investing can help you make better decisions based on your financial goals and risk appetite.
Groww IPO Listing Date and Expected Performance
After checking your Groww IPO allotment status, the next big question is: How will Groww perform on listing day? The tentative listing date is November 12, 2025, on both BSE and NSE.
Grey Market Premium (GMP) Insights
The grey market premium for Groww IPO has shown interesting fluctuations. Initially trading at around ₹16-17 premium, the GMP dropped to approximately ₹4 per share just before allotment, representing a 75% decline. This suggests:
- Moderate listing gains expected (around 4% premium at current GMP)
- Market sentiment may be cautious due to high valuation concerns
- Long-term prospects remain strong given Groww’s market leadership
Factors Supporting Long-Term Growth
- Market Leadership: 26% market share in the discount broking segment
- Large User Base: Over 12.6 million active clients with strong user engagement
- Diversification Plans: Expansion into lending, margin trading, and wealth management services
- Technology Edge: Investment in cloud infrastructure and AI-driven personalization
- Brand Value: Strong brand recall among millennial and Gen-Z investors
What If You Didn’t Get Groww IPO Allotment?
If your Groww IPO allotment status shows no allocation, don’t be disheartened. With 17.60x oversubscription, the majority of retail applicants did not receive shares due to the lottery system. Here are your options:
Option 1: Buy from the Secondary Market
Once Groww lists on November 12, 2025, you can purchase shares directly from the stock market at prevailing market prices. This approach gives you the flexibility to:
- Wait for price corrections after the listing frenzy
- Analyze actual trading performance before investing
- Buy in smaller quantities based on your budget
- Apply technical and fundamental analysis before entry
Option 2: Focus on Fundamental Analysis
Use this opportunity to conduct thorough research on Groww’s business model, financial health, competitive advantages, and growth prospects. Successful investing is about making informed decisions, not just participating in every IPO. Understanding why investors fail in the stock market can help you develop a more strategic approach to your investments.
Option 3: Refund Processing
Your blocked funds will be refunded by November 11, 2025:
- UPI Applications: Amount will be unblocked automatically within 24 hours
- ASBA Applications: Funds will be released back to your bank account
- Verification: Check your bank account or UPI app for confirmation
Open Your Free Demat Account for Future IPOs
Whether you received allotment or not, having a reliable trading and demat account is essential for participating in future IPOs and building your investment portfolio. Here are two excellent platforms offering zero-fee account opening:
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Open Free Zerodha AccountFrequently Asked Questions About Groww IPO Allotment Status
Q1: When was the Groww IPO allotment status announced?
The Groww IPO allotment status was finalized on November 10, 2025, in the evening. Investors can check their allotment through the MUFG Intime India registrar website, NSE, or BSE portals.
Q2: How can I check my Groww IPO allotment status?
You can check your Groww IPO allotment status through three official methods: (1) MUFG Intime India registrar website using your PAN or application number, (2) BSE official portal, or (3) NSE IPO tracking page. All methods provide instant results.
Q3: What was the subscription rate for Groww IPO?
The Groww IPO was subscribed 17.60 times overall, indicating massive investor interest. The high oversubscription means many retail investors may not have received allotment due to the lottery-based allocation system.
Q4: When will Groww shares be listed on the stock exchange?
Groww shares are scheduled to list on both BSE and NSE on November 12, 2025. Trading will begin during regular market hours, allowing allotted investors to buy or sell shares at market prices.
Q5: What happens if I didn’t get Groww IPO allotment?
If your Groww IPO allotment status shows no allocation, your blocked funds will be refunded to your bank account by November 11, 2025. You can still invest in Groww by purchasing shares from the secondary market after listing.
Q6: When will allotted shares be credited to my demat account?
Successfully allotted shares will be credited to your demat account by November 11, 2025. You’ll receive a notification from your depository participant confirming the share credit.
Q7: What is the lot size for Groww IPO?
The lot size for Groww IPO is 150 shares. At the upper price band of ₹100 per share, the minimum investment required was ₹15,000 for retail investors.
Q8: Who is the registrar for Groww IPO?
MUFG Intime India Private Limited is the official registrar for Groww IPO. Their website is the primary source for checking Groww IPO allotment status and resolving any queries related to the application process.
Q9: What is the grey market premium (GMP) for Groww IPO?
The grey market premium for Groww IPO has fluctuated significantly, dropping from around ₹16-17 to approximately ₹4 per share before allotment. However, GMP is an unofficial indicator and should not be the sole basis for investment decisions.
Q10: Can I check Groww IPO allotment status using my mobile phone?
Yes, you can easily check your Groww IPO allotment status on your mobile phone by visiting any of the three official websites (registrar, BSE, or NSE) through your mobile browser. If you applied through the Groww app, you can also check directly within the app’s IPO section.
Conclusion: Your Next Steps After Checking Groww IPO Allotment Status
The Groww IPO allotment status announcement marks a significant milestone for thousands of Indian investors participating in one of 2025’s most anticipated public offerings. Whether you received allotment or not, this IPO represents Groww’s journey from a startup to a publicly listed company with massive growth potential in India’s rapidly expanding fintech sector.
If you received allotment, congratulations on becoming a shareholder in India’s leading investment platform! Monitor the listing day performance on November 12, 2025, and make decisions aligned with your investment horizon. Consider whether you want to book quick profits or hold for long-term wealth creation based on Groww’s strong fundamentals and market position.
If you didn’t receive allotment, remember that the stock market offers countless opportunities every single day. Use this experience to refine your IPO application strategy, strengthen your research skills, and prepare for upcoming IPOs. You can always invest in Groww through the secondary market after analyzing its post-listing performance.
Stay informed about market developments, continue learning about investment strategies, and remember that successful investing is a marathon, not a sprint. Whether you’re trading or investing, understanding market dynamics and avoiding common mistakes is crucial for long-term success.
Ready to start your investment journey? Open a free trading and demat account with Dhan or Zerodha and position yourself for future IPOs and market opportunities.
Disclaimer: This article is for informational purposes only and should not be considered as financial advice. Please consult with a certified financial advisor before making any investment decisions. Stock market investments are subject to market risks. Past performance is not indicative of future results.
