10
Nov
The share allotment for the Groww IPO will be finalised today, Monday, November 10. Investors can check their allotment status on the registrar’s website, MUFG Intime India Private Ltd (formerly Link Intime India). The IPO was open for subscription from November 4 to November 7. Groww’s grey market premium (GMP) stands at ₹4, suggesting an estimated listing price of around ₹104 per share, about 4% above the issue price of ₹100. However, analysts note that the GMP has been declining over the past 13 sessions, fluctuating between ₹4 and ₹16.70. The IPO was subscribed 17.6 times on the final day,…
