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Groww (Nextbillion Technology) IPO

FinTech/Broking - Listed on 12 November 2025

+12.0% listing gain
Issue Price (Upper)
Rs 100
Listing Price
Rs 112
Closing Price (NSE)
Rs 131.33
Total Subscription
17.60x

Groww (Nextbillion Technology) IPO listing summary

Groww (Nextbillion Technology) (FinTech/Broking) closed its IPO window in 2025 and listed on NSE and BSE on 12 November 2025 at an upper band issue price of Rs 100, opening at Rs 112 for a listing gain of +12.0% and closing day one at Rs 131.33 (+31.3% on closing basis). The IPO was subscribed 17.60x overall - QIB 22.02x, HNI/NII 14.20x, Retail 9.43x. The total issue size was Rs 6,632.3 Cr (Fresh Issue Rs 1060 Cr, OFS Rs 5572.3 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+12.00%
Listing Gain (Close)
+31.33%
Day Change After Listing
+19.33%
Retail Quota
10.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB22.02x
HNI / NII14.20x
Retail9.43x
Overall17.60x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.57x
Day 21.64x
Day 3 (Final)17.60x

Groww (Nextbillion Technology) IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 15+15.00%
Day 2Rs 17+17.00%
Day 3Rs 17+17.00%
Day 4Rs 15+15.00%
Day 5Rs 6+6.00%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
6.0%-17.0%
IPOGyani AI Prediction
-
Actual Listing Gain
+12.0%

Issue & financials

Issue SizeRs 6,632.3 Cr
Fresh IssueRs 1,060 Cr
OFSRs 5,572.3 Cr
IPO PE33.78
Peer / Sector PE19.95
PE vs Sector Ratio-
Latest EBITDA (Cr)60.77
Debt / Equity0.03

Market context at listing

How the broader market moved around the Groww (Nextbillion Technology) IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.01%
Nifty 1W Return-0.01%
Nifty 1M Return+0.05%
Nifty during IPO window-0.01%

Groww (Nextbillion Technology) IPO - FAQs

What was the listing gain of Groww (Nextbillion Technology) IPO?

Groww (Nextbillion Technology) IPO listed at +12.0% versus the upper issue price of Rs 100 on 12 November 2025.

How many times was Groww (Nextbillion Technology) IPO subscribed?

Groww (Nextbillion Technology) IPO was subscribed 17.60x overall. QIB portion was subscribed 22.02x, HNI / NII 14.20x and Retail 9.43x.

What was the IPO GMP for Groww (Nextbillion Technology)?

IPO GMP started at Rs 15 on Day 1 and moved to Rs 6 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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