The Bengaluru-based investment platform Groww has finally launched its much-awaited IPO through its parent company, Billionbrains Garage Ventures Ltd. The IPO has caught a lot of attention as Groww has become one of India’s most popular online investing apps in recent years.
Groww IPO Highlights
Issue Size: ₹6,632 crore (Fresh issue: ₹1,060 crore + Offer for Sale: ₹5,572 crore)
Price Band: ₹95 – ₹100 per share
Lot Size: 150 shares per lot for retail investors
IPO Dates: Opens on November 4, 2025, and closes on November 7, 2025
Expected Listing Date: Around November 12, 2025
Valuation: At the upper price band, Groww’s valuation stands near ₹61,700 crore
According to reports, Groww’s IPO is one of the biggest in India’s fintech space this year.
About Groww
Groww started as a simple mutual fund investment platform and later expanded into stocks, ETFs, IPOs, digital gold, and U.S. stocks.
It has gained popularity for its easy-to-use app, low brokerage fees, and strong focus on young retail investors from Tier-2 and Tier-3 cities.
The company now serves over 12 crore registered users and is among the top online brokers in India.
Financial Performance
Groww, one of India’s fastest-growing investment platforms, has shown remarkable financial growth over the past year. According to its latest financial disclosures, Groww’s consolidated revenue for FY25 reached ₹4,056 crore, reflecting a 31% year-on-year growth. The company’s net profit surged to ₹1,819 crore, almost three times higher than the previous year, showcasing its strong profitability and efficient business model.
In FY24, the company’s broking arm, Groww Invest-Tech Pvt. Ltd., alone recorded a revenue of ₹2,900 crore and a net profit of ₹298 crore, translating into an impressive net profit margin of about 10.3%. The firm also maintained a strong return on net worth (RoNW) of around 40.3%, highlighting its effective use of shareholder equity. Analysts estimate Groww’s EBITDA margin to be in the 50–60% range, indicating strong operational efficiency and cost control. With these robust figures, Groww has firmly established itself as one of the most profitable fintech startups in India, driven by its scalable digital model, growing user base, and rising demand for online investments.
Risks to Watch
While the IPO looks exciting, there are a few things investors should keep in mind:
1. Regulatory Risks: SEBI is planning stricter rules for F&O (Futures & Options) trading, which could affect revenues for brokers like Groww.
2. High Valuation: At a valuation of over ₹60,000 crore, Groww is priced higher than some listed peers like Angel One or IIFL Securities.
3. Competition: The broking space is getting crowded with players like Zerodha, Upstox, and Paytm Money.
Expert Opinions
Analysts believe Groww’s IPO could be a good long-term investment for those who believe in India’s growing retail investing culture.
However, short-term investors should stay cautious because of the high valuation and possible regulatory headwinds.
Most brokerages have given a “Subscribe for Long-Term” rating, citing strong brand recognition and growing profitability.
Groww website: https://groww.in/
Disclaimer
This article is for information and educational purposes only. It should not be considered as financial or investment advice. Stock market investments are subject to market risks. Readers are advised to consult a certified financial advisor or investment expert before making any investment decisions. The author and publisher do not take any responsibility for financial losses or damages arising from actions taken based on the information provided here.
