Final Countdown! Groww IPO Subscription Status Day 3 Surges — Last Day to Apply & Check GMP
Groww IPO Subscription Status Day 3: The marquee IPO of the season, Groww IPO, is now in its final stretch — today is the last day to apply, and the Groww IPO Subscription Status Day 3 numbers are beginning to accelerate markedly. With retail enthusiasm at its peak and institutional bids trickling in, this three-day bidding window (4 – 7 November 2025) is ending with a flourish.
Here’s where things stand:
Snapshot: Groww IPO Subscription Status Day 3, Day 2 & Day 1
| Day | QIB (times) | NII (times) | RII (times) | Total (times) | Remarks |
|---|---|---|---|---|---|
| Day 1 (4 Nov) | 0.00x | 0.05x | 0.22x | 0.57x | Soft start, retail modest |
| Day 2 (5–6 Nov) | ~0.20x | ~2.26x | ~5.02x | ~1.64x | Strong pick-up, especially retail |
| Day 3 (7 Nov, as of mid-day) | ~3.81x | 6.80x | 7.43x | 5.28x | Surge underway, final push |
Key observations:
- The IPO began rather slowly on Groww IPO Subscription Status Day 1, with only 0.57 × overall subscription, but retail interest (RII) was already brewing at 0.22 ×.
- Groww IPO Subscription Status Day 2, the momentum picked up sharply: RIIs jumped to ~5.02 ×, and NIIs to ~2.26 ×. The total crossed ~1.64 ×.
- Groww IPO Subscription Status Day 3 data (mid-day) show a significant acceleration with total at ~5.28 × and retail already ~7.43 ×. The final hours may push these even higher.
- Retail investors are clearly owning the narrative, and the final day is proving to be the biggest pull.
Grey Market Premium (GMP) Pulse
Parallel to the subscription surge, the grey market is signalling a solid listing mood:
- On Day 1, GMP was around ₹17 (~17 %) above the upper band of ₹100, hinting at an estimated listing near ₹117.
- By Day 2, GMP softened slightly to ~₹14.75 (~14.75 %) but remained healthy.
- Heading into Day 3, market intelligence puts GMP at ~₹11 (~11 %) as of today.
While the GMP moderation suggests some caution creeping in, the premium still implies a positive listing expectation for Groww investors.
What This Means for An Investor?
- Last-day urgency: With today being the final day to pool bids, many retail investors are jumping in to avoid missing out. The surge in RII figures underscores this ‘must-apply’ sentiment.
- Institutional caution: QIBs remain relatively under-subscribed compared to retail, indicating possible concern around valuation or aftermarket risk.
- Valuation check: At the ₹95-100 price band, the listing valuation puts Groww at a steep multiple. Grey-market pricing reflects expected gains, but also some tempering of euphoria.
- Volatility risk: High subscription + fast GMP moves may spike near-term post-listing volatility. For traders, this may offer entry points, but for long-term investors, fundamentals still matter.
- Investor type clarity: If you’re an equity investor chasing listing gains, this is a hot moment. If you’re fundamentally driven, it’s worth weighing the high valuation and future growth path critically.
Final Word
The Groww IPO subscription status Day 3 rally speaks volumes about investor sentiment, especially retail, while the GMP remains meaningfully positive. If you’re planning to latch on, today is your last shot. That said, don’t let the hype overshadow the price you pay. Strong momentum and market interest are evident, but the valuation bar is high, and prudent investors should remain mindful.
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Disclaimer: This article is for informational/educational purposes only. It is not an investment recommendation. Always consult with a qualified financial adviser before placing bids in any IPO.
