[Update] Groww IPO Closes With 17.6X Oversubscription

by · Inc42

SUMMARY

  • Groww’s public issue received bids for 641.86 Cr shares against 36.48 Cr shares available for subscription
  • Qualified institutional buyers showed the highest interest in the issue, with their portion subscribed 22.02X
  • Retail investors placed bids for 62.54 Cr shares compared to 6.63 Cr shares available for them, translating to 9.43X oversubscription