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Groww IPO Allotment Today as Grey-Market Premium Slips to Rs 4 Ahead of Nov 12 Listing

Allotment finalises today with a roughly Rs 4 grey‑market premium, an unofficial signal of modest gains for Wednesday’s listing.

Overview

  • The offering drew 17.60x bids overall, including 22.02x from QIBs, 14.20x from non-institutional investors and 9.43x from retail.
  • Shares are slated to reach Demat accounts on November 11 with refunds the same day, and trading is scheduled on the BSE and NSE on November 12.
  • Applicants can check allotment on the MUFG Intime India portal and on the BSE and NSE allotment pages using application details or PAN.
  • The Rs 6,632.3 crore deal combined a Rs 1,060 crore fresh issue with a Rs 5,572.3 crore offer for sale at a price band of Rs 95–100 per share.
  • The latest Rs 4 GMP cited by InvestorGain is an informal indicator and may not reflect actual listing performance.