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, reflecting strong investor interest. Applicants can check the allotment details to confirm how many shares they have received. Those not allotted any shares will have their refunds initiated on Tuesday, November 11, while successful investors will see their shares credited to their demat accounts the same day. The Groww IPO is set to make its stock market debut on Wednesday, November 12.