Groww IPO Live Updates: Groww IPO opens today: Check GMP, key issue details. Should you subscribe or avoid? – News Air Insight

Spread the love



Groww IPO Day 1 Live Updates: The Groww IPO will open for subscription today (Tuesday, November 4). The company operates a digital investment platform that directly serves retail investors, offering a wide suite of financial products and services aimed at helping users build long-term wealth.

Groww IPO GMP -The Groww IPO is commanding a grey market premium (GMP) of ₹17. Based on the upper end of the IPO price band, this suggests an estimated listing price of around ₹117 per share — implying a potential 17% premium over the issue price of ₹100.

How to Subscribe Groww IPO– Investors can apply for the Groww IPO online either through their bank using the ASBA facility or via their broker using UPI. The IPO is available exclusively through online applications.

Groww IPO Price Band and Lot Size-The IPO price band has been set between ₹95 and ₹100 per equity share, each having a face value of ₹2.

Groww IPO Opening Date and Subscription-The Groww IPO will open for subscription on Tuesday, November 4. and remain open until Friday, November 7.

Groww IPO Closing and Allotment Date-The Groww IPO will close on Friday, November 7. The basis of allotment will be finalised by November 10, 2025.

Is Groww IPO worth buying? Expert Reviews-“Groww appears structurally stronger, with 59% EBITDA and 85% contribution margins, and has already achieved profitability,” said Abhinav Tiwari, Research Analyst at Bonanza. “However, its dependence on trading volumes exposes it to regulatory risks in the F&O segment. Diversification into lending and wealth management will be crucial to sustaining growth.”



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *