|
Issue Open Date
|
04-Nov-25
|
|
Issue Closing Date
|
07-Nov-25
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
Price Band(Rs.)
|
95
-
100
|
|
Minimum Bid Quantity.
|
150
|
|
Issue Size (Shares)
|
364776528
|
|
Market Lot
|
1
|
|
|
|
|
Objective
|
|
1. Expenditure towards cloud infrastructure;2. Brand building and performance marketing activities; 3. Investment in one of our Material Subsidiaries, Groww Creditserv Technology Private Limited (“GCS”), a non-banking financial company (“NBFC”), for augmenting its capital base;4. Investment in one of our Material Subsidiaries, Groww Invest Tech Private Limited (“GIT”), for funding its margin trading facility (“MTF”) business; and5. Funding inorganic growth through unidentified acquisitions and general corporate purposes.
|
|
|
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
|
Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
99484507
|
1412899200
|
14.2022033641882
|
|
Qualified Institutional Buyers
|
198969016
|
4380379950
|
22.0153873103539
|
|
Retail Individual Investors
|
198969016
|
4380379950
|
22.0153873103539
|
|
|
|
|
Business Description
Unless otherwise indicated, industry and market data used in this section have been derived from the report titled “Report on Investment and Wealth Management Industry in India” dated September 7, 2025 (the “Redseer Report”) prepared and issued by Redseer Stra
|
|
|
Promoter's Holding
|
|
Total Share Capital
|
1711113884
|
|
Offered to Public
|
364776528
|
|
Promoter's Holding (Pre-Issue)
|
27.96
|
|
Promoter's Holding (Post-Issue)
|
27.81
|
|
|
More |
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|
Address |
Vaishnavi Tech Park
South Tower
3rd Floor
Survey No. 16/1 And 17/2
Ambalipura Village
Varthur Hobli
Bellandur
Bengaluru
,
Karnataka
,
560103
Phone :
080 69601300
Email :
corp.secretarial@groww.in
Website :
www.groww.in
|
|
|
|
Registrar |
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
|
|
|
|
Listed at |
|
BSE, NSE
|
|
|
|
Lead Manager |
Axis Capital Ltd.
Citigroup Global Markets India Pvt Ltd.
JP Morgan India Pvt Ltd
Kotak Mahindra Capital Co Ltd
Motilal Oswal Investment Advisors Pvt Ltd
|
|
|
|
Promoters |
Harsh Jain
Ishan Bansal
Lalit Keshre
Neeraj Singh
|
|
|