Groww, one of India's most popular investment platforms under Nextbillion Technology Pvt. Ltd., is preparing to launch its Initial Public Offering (IPO) in 2025. Here's a detailed look at the upcoming IPO.
About Groww
Founded in 2016, Groww began as a mutual fund investment platform and rapidly expanded into stocks, ETFs, fixed deposits, and digital gold. With over 35 million users and backing from marquee investors like Tiger Global, Sequoia, and Y Combinator, Groww has become a household name in fintech.
Groww IPO Overview
- IPO Type: Fresh Issue + Offer for Sale
- Estimated Issue Size: ₹4,000 - ₹5,000 crore
- Price Band: To be announced
- Lot Size: To be announced
- Face Value: ₹1 per share
- Exchange: BSE & NSE
Groww IPO Timeline
| Event | Date (Tentative) |
|---|---|
| IPO Opening Date | August 2025 |
| IPO Closing Date | August 2025 |
| Allotment Date | To be updated |
| Refund Initiation | To be updated |
| Demat Credit | To be updated |
| Listing Date | To be updated |
Financial Performance Snapshot
| Particulars | FY23 | FY24 |
|---|---|---|
| Total Revenue (₹ crore) | 678 | 1,095 |
| Net Profit (₹ crore) | -245 | -130 |
| Registered Users (in millions) | 28 | 35 |
| Assets Under Management (AUM) | ₹35,000 crore | ₹42,000 crore |
Key Strengths
- High brand recall and rapidly growing user base
- Diversified investment offerings with strong tech interface
- Backed by global investors with deep pockets
- Low customer acquisition cost and high retention
Risks & Challenges
- Consistent financial losses so far
- High competition from Zerodha, Upstox, Paytm Money, etc.
- Regulatory uncertainty around fintech and broking businesses
Grey Market Premium (GMP)
The GMP for Groww IPO is yet to be active. Check back soon at IPOGyan.in for the latest premium trends and subscription data.
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Disclaimer: This article is meant for informational purposes only and not investment advice. Readers are advised to consult a financial advisor.
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