Groww IPO 2025: India's Largest Online Broker's IPO Filing

Groww has confidentially filed IPO papers with SEBI, eyeing a $7โ€“8 billion valuation. The IPO is expected to list on NSE and BSE in 2025. Stay updated on Groww IPO news, allotment, and GMP at IPOji.com.

Groww IPO 2025: India's Largest Online Broker's IPO Filing

Groww Gets Ready to Go Public in 2025!

Groww, Indiaโ€™s biggest online stockbroker, is preparing to enter the public markets soon. The fintech company has filled out an IPO paper confidentially via the Chapter IA of SEBIโ€™s ICDR Regulations. This decision prepares the way for one of the most eagerly awaited IPOs in 2025.

If youโ€™ve invested in stocks, mutual funds, or IPOs through Groww, now you can also own a piece of the company.

๐Ÿงพ What Is 'Confidential Filing' When an IPO Is Considered?

Groww has turned in its draft prospectus to SEBI in confidence, so feedback can be received before the IPO, avoiding premature publication of the prospectus. This approach helps businesses make changes or gain understanding before sending the DRHP.

It works well for companies dealing with volatile markets and wishing to gauge how interested prospective investors might be when they go public.

Groww is Indiaโ€™s fastest-growing online brokerage service.

In 2017, Groww was founded by four individuals who had worked at Flipkart โ€“ Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj Singh โ€“ and began as a place to invest directly in mutual funds.

Letโ€™s explore how the company has built and transformed over the years.

2020: It rolled out stock trading and digital gold options.

In the same year, Securities included ETFs, Intraday, and IPO investments.

During 2024-2025, our platform became the leading broker by account number in India.

So far, in March 2025, Groww has 13.03 million (1.3 crore) active users.

Groww IPO attracts widespread attention with its possible market capitalization of $7-8 billion.

According to reports, Groww is looking for new funding:

  • The company secured watered cash valued at approximately โ‚น1,272 crore before going public
  • The company expects to sell shares in its IPO to raise $700-800 million (โ‚น5,942โ€“6,791 crore).
  • It is estimated that the post-money valuation of the company will be roughly $7 billion (roughly โ‚น59,000 crore approx.).

When these numbers play out, Groww IPO will reach a size similar to that of the Paytm and Policybazaar IPOs.

๐Ÿ“ˆ Financials: Growwโ€™s Profit and Revenue Jump in FY24

Groww is not just growing in users โ€” itโ€™s growing in profits too.

Financial Year

Revenue

Operational Profit

FY23

โ‚น1,435 crore

โ‚น458 crore

FY24

Data not disclosed

โ‚น535 crore (+17% YoY)

This profitability strengthens its IPO narrative and might attract serious institutional investors.

๐Ÿ“ Where Can I Find Groww Stocks In The Stock Market?

Groww hopes to have its equity shares (worth โ‚น2 each) traded on the main boards of NSE and BSE so retail investors in India can invest easily.

How is Groww different from Angel One and Zerodha?

  • The Angel One IPO began in September 2020 and it raised โ‚น600 crore. Prices were set by the stock exchange at โ‚น305-306.
  • Zerodha: The company is not listed since it remains private.
  • Groww IPO aims to achieve 10 times the amount Angel One did in its IPO.

๐Ÿ—“๏ธ Groww IPO Date, DRHP Status & Timeline

Event

Status

DRHP Filed

Confidentially submitted under Chapter IA

DRHP Public Release

To be announced

IPO Date

Likely in Q3 or Q4 2025

Listing

NSE & BSE

Stay tuned on IPOji.com for real-time updates on Groww IPO allotment status, subscription numbers, and listing performance.


๐Ÿ’ก Should You Apply for Groww IPO?

Reasons to watch Groww IPO closely:

  • ๐Ÿš€ Profitable and growing fintech company
  • ๐Ÿ“Š Large and loyal retail user base
  • ๐Ÿ’ผ Strong brand equity among Gen Z and millennials
  • ๐Ÿ’ธ Lean business model with high digital adoption

Still, valuation and pricing will play a crucial role. Wait for the DRHP and price band to be announced before making your investment decision.

Is Groww IPO the Next Big Thing in Indian Fintech?

With its rapid rise and massive user base, Growwโ€™s IPO is likely to grab headlines in 2025. Whether you're a retail investor, fintech enthusiast, or a long-time Groww user โ€” this IPO could offer a great opportunity to be part of Indiaโ€™s digital investing revolution.

๐Ÿ“Œ FAQs on Groww IPO

Q. What is the Groww IPO date?

The IPO date is yet to be announced as it is currently in the pre-filing stage.

Q. What is the expected Groww IPO valuation?

Groww is likely to be valued at around $7 billion.

Q. How to apply for Groww IPO?

Once the IPO opens, you can apply via Groww itself or any other broker platform.

Q. Is Groww profitable?

Yes, Groww reported a 17% increase in operational profit in FY24.

Q. Will Groww IPO be listed on both NSE and BSE?

Yes, the IPO is planned to be listed on both exchanges.