Did I get allotted shares in Groww IPO?

The Groww IPO allotment result is out. The fastest way to find out: head to MUFG Intime India Pvt.Ltd, select Groww IPO from the IPO list, and enter your PAN number or application number. You'll see your allotment status in seconds.

How to check Groww IPO allotment status by PAN number?

Checking by PAN is the quickest method. Here's how: Step 1 - Go to MUFG Intime India Pvt.Ltd allotment page. Step 2 - Select Groww IPO from the IPO dropdown. Step 3 - Choose "Search by PAN" and type your 10-character PAN (e.g., ABCDE1234F). Step 4 - Hit Search. Your allotment status - allotted or not allotted, and how many shares - will appear instantly. Results are available from November 10, 2025. For a detailed walkthrough with screenshots, see our complete guide to checking IPO allotment status online.

What is the Groww IPO allotment date?

The basis of allotment for Groww IPO is November 10, 2025. On this date, MUFG Intime India Pvt.Ltd finalises who gets allotted shares and in what quantity - based on the subscription ratio and a computerised lottery for retail investors. The IPO is then expected to list on November 12, 2025.

My money is still blocked - when will Groww IPO refund be processed?

No need to stress. If you're not allotted shares, your blocked amount is automatically released - you don't need to do anything. For Groww IPO, refunds are expected by November 11, 2025. If you applied via UPI, the mandate block is removed automatically after allotment. If you applied via ASBA (bank), the amount gets unblocked within 1–2 working days. If your money hasn't been released 3 days after the refund date, contact your bank or broker.

I got allotted - when will Groww IPO shares show in my demat account?

Congratulations! Groww IPO shares will be credited to your demat account on November 11, 2025 - that's the day before listing. The IPO lists on November 12, 2025 on NSE,BSE. If you don't see the shares in your holdings after the credit date, try refreshing your app or check your CDSL/NSDL statement. Sometimes there's a delay of a few hours.

When does Groww IPO list - and should I sell on listing day?

Groww IPO is scheduled to list on November 12, 2025 on NSE,BSE. Whether to sell on listing day depends on the grey market premium (GMP) trend and your own target. Check the latest Groww IPO GMP here - it gives a rough sense of where the stock might open, though GMP is unofficial and not a guarantee.

Why didn't I get allotted in Groww IPO even though I applied?

This is one of the most common IPO frustrations - and unfortunately it's normal when an IPO is heavily oversubscribed. Groww IPO was subscribed 17.60× overall and 9.43× in the retail category. For oversubscribed retail categories, SEBI mandates a computerised lottery - every valid application (regardless of lot count) gets exactly one ticket in the draw. Not getting allotted just means your application wasn't picked in the draw. Your best move: apply from multiple family member accounts (each person must apply separately) to improve your household's probability.

Should I apply for 1 lot or multiple lots in Groww IPO?

For retail investors in oversubscribed IPOs, applying for 1 lot gives the same allotment probability as applying for the maximum. Here's why: SEBI's lottery system gives each retail application - not each lot - one entry in the draw. So whether you apply for 1 lot or 13 lots, your odds of getting allotted are identical. The only difference is the amount of money that gets blocked in your account. The smart strategy: apply for the minimum 1 lot from multiple family member demat accounts to maximize your household's chances without locking up extra capital. For Groww IPO, minimum investment is ₹15,000 (1 lot at upper price band).

Groww IPO Allotment Status and Listing Details

Groww IPO Allotment Status

Listed on 12 Nov - View Allotment Details

Allotment Status · Allotment: Nov 10, 2025 · Listing: Nov 12, 2025

Category	Shares Offered	Shares Bid For	Times Subscribed
QIB	198,969,016	4,380,379,950	22.02×
NII	99,484,507	1,412,899,200	14.20×
bNII	66,323,005	1,079,837,100	16.28×
sNII	33,161,502	333,062,100	10.04×
Retail	66,323,005	625,421,250	9.43×
Total	364,776,528	6,418,700,400	17.60×

How IPO Allotment Actually Works

After the subscription window closes, the registrar collects all valid bids and applies SEBI's allotment rules separately for each investor category:

Retail Individual Investors (RII) - If the retail quota is oversubscribed, allotment is by computerised random lottery. Each valid application - regardless of how many lots it's for - gets exactly one draw entry. So applying for 1 lot or 13 lots gives you the same probability. If the quota isn't fully subscribed, everyone gets full allotment.
Non-Institutional Investors / HNI (NII) - Allotment is proportionate. If subscribed 10×, you'd receive roughly 1/10th of the shares you applied for (subject to a minimum of 1 lot).
Qualified Institutional Buyers (QIB) - Proportionate allotment at the discretion of the company and lead managers, post book-building.

What 17.60× Subscription Means for Your Allotment

Groww IPO closed with 17.60× overall subscription - retail at 9.43×, QIB at 22.02×, NII at 14.20×. With retail at 9.43×, the allotment lottery is active. Your odds are better than a heavily oversubscribed IPO, but not everyone will receive shares. Estimated allotment probability: Moderate.

What Happens After Allotment - Step by Step

Basis of Allotment Finalised

Nov 10, 2025 - the registrar submits allotment data to BSE/NSE. This document is publicly available on the exchange websites.

Refunds Initiated

Nov 11, 2025 - unsuccessful applicants have their blocked amount released. UPI mandates are automatically revoked; ASBA unblocks within 1–2 working days.

Shares Credited to Demat

Nov 11, 2025 - allotted shares appear in your demat account holdings, one business day before listing.

Listing Day

Nov 12, 2025 - the stock lists on NSE,BSE. You can sell on the same day (T+0 settlement) or hold for the long term.

Tips to Maximise Your Allotment Chances

Apply from multiple accounts - Each family member with a separate demat account can apply independently. More applications = more lottery entries for your household.
Apply for exactly 1 lot - For retail, allotment probability is per application, not per lot. Don't tie up extra capital on additional lots.
Ensure your application is valid - Invalid applications (wrong PAN, insufficient funds, duplicate bids) are rejected. Verify your bank or UPI mandate before the close date.
Apply early - Not because it improves odds (it doesn't), but to avoid last-minute technical issues on the final day.