Category: IPO

ICICI Prudential AMC IPO Allotment Status: Check Latest GMP, Steps to Verify Status

ICICI Prudential Asset Management Company (AMC), one of India’s leading mutual fund houses backed by ICICI Bank and Prudential Plc, is launching an initial public offering (IPO) to raise ₹10,602.65 crore.The issue opens for subscription on December 12, 2025, and will close on December 16, 2025, with a price band fixed at ₹2,061 to ₹2,165 per share.The IPO is a book-built issue and comprises entirely an offer for sale (OFS) of 4.90 crore shares, aggregating to ₹10,602.65 crore, by existing shareholders. There is no fresh issue component in the offer.The shares are proposed to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), with tentative listing scheduled for December 19, 2025, subject to allotment and regulatory approvals.

ICICI Prudential AMC IPO Day 3 Subscription Status

On Day 3, the ICICI Prudential AMC IPO witnessed strong overall demand, closing with a total subscription of 39.17 times. The issue was led by Qualified Institutional Buyers (QIBs), who subscribed 123.87 times, highlighting solid institutional confidence. The Non-Institutional Investor (NII) segment was subscribed 22.04 times, with bNII (above ₹10 lakh) at 25.42 times and sNII (below ₹10 lakh) at 15.27 times. Retail Individual Investors (RII) showed moderate participation with a 2.53 times subscription. There was no employee reservation in the issue. Overall, the IPO attracted 55,02,359 applications, with a total bid value of ₹2,96,915.86 crore, underscoring significant investor interest driven primarily by institutional participation.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	123.87
Non-Institutional Investors (NII)	22.04
bNII (above ₹10 lakh)	25.42
sNII (less than ₹10 lakh)	15.27
Retail Individual Investors (RII)	2.53
Employees	–
Total Subscriptions	39.17

Total Applications: 55,02,359

Total Bid Amount (₹ Crores): 2,96,915.86

How to Check ICICI Prudential AMC IPO Allotment Status

ICICI Prudential AMC IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.

Method 1: Registrar’s website (Kfin Technologies Ltd.)

The most reliable way is to check the allotment from Kfin Technologies Limited’s website.

How to do:

Visit Kfin Technologies Ltd.’s official website
Select “ICICI Prudential AMC” from the IPO list
Enter your details PAN number, Application number, or DP/Client ID
Click on Submit
You will see the allotment status on the screen.

Method 2: Check from BSE or NSE’s website

If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.

How to do:

Visit BSE or NSE’s official website
Select ‘Equity’ segment
Select “ICICI Prudential AMC” from the IPO list
Enter PAN number and Application number
Click on Search

Objective of the ICICI Prudential AMC IPO

Since the ICICI Prudential AMC IPO is a 100% Offer for Sale (OFS), the company will not receive any proceeds from the issue. The entire IPO proceeds will be received by the selling shareholders, and no funds will be utilized by ICICI Prudential AMC for business expansion, capital expenditure, or other corporate purposes.

ICICI Prudential AMC IPO GMP – Day 3 Update

The grey market premium (GMP) of ICICI Prudential AMC IPO is ₹33 as of 5:00 PM on December 16, 2025. The upper limit of the price band is ₹2165, and based on the current GMP, the estimated listing price is ₹2495, indicating a potential gain of approximately 15.24% per share.

Date	GMP	Est. Listing Price	Gain
16-12-2025 (Day 3)	₹330	₹2495	15.24%

Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.

ICICI Prudential AMC IPO – Key Details

Particulars	Details
IPO Opening Date	December 12, 2025
IPO Closing Date	December 16, 2025
Issue Price Band	₹2061 to ₹2165 per share
Total Issue Size	4,89,72,994 shares(aggregating up to ₹10,602.65 Cr)
Listing Platform	BSE, NSE
Registrar	KFin Technologies Ltd.
ICICI Prudential AMC IPO RHP	ICICI Prudential AMC

Important Dates for ICICI Prudential AMC IPO Allotment

Event	Date
Tentative Allotment	December 17, 2025
Refunds Initiation	December 18, 2025
Credit of Shares to Demat	December 18, 2025
Listing Date	December 19, 2025

ICICI Prudential AMC Overview

ICICI Prudential Asset Management Company (AMC) is one of India’s leading and most trusted mutual fund houses, offering a wide range of investment solutions across equity, debt, hybrid, and passive products. Backed by ICICI Bank and Prudential Plc, the company leverages strong brand equity, deep distribution reach, and disciplined investment processes to serve millions of retail and institutional investors.

Operating in a rapidly expanding financial savings market, ICICI Prudential AMC uses data-driven research, technology-enabled platforms, and robust risk management systems to enhance portfolio performance and client experience. With a strong presence across urban and semi-urban regions, the AMC benefits from rising financialization of household savings. As it continues to grow, the company remains focused on long-term wealth creation, operational efficiency, and maintaining leadership in India’s asset management industry.

Frequently Asked Questions(FAQs)

What is the opening and closing date of the ICICI Prudential AMC IPO?
ICICI Prudential AMC IPO is open on December 12, 2025 and will close on December 16, 2025.
What is the price band of the ICICI Prudential AMC IPO?
Its price band is fixed from ₹2061 to ₹2165 per share.
What is the GMP (Grey Market Premium) of the ICICI Prudential AMC IPO today?
The GMP on December 16, 2025 is ₹330, which leads to a possible listing price of ₹2495.
What is the total issue size of the ICICI Prudential AMC IPO?
The total issue size of the ICICI Prudential AMC IPO is ₹10,602.65 crore, structured entirely as an Offer for Sale (OFS) by existing shareholders, with no fresh issue component.
What is the expected listing date of the ICICI Prudential AMC IPO?
This IPO is expected to be listed on BSE and NSE on December 19, 2025.

December 16, 2025

ICICI Prudential AMC IPO Day 2: Subscription at 2.02x, GMP Jumps to ₹268

ICICI Prudential AMC IPO,IPO Day 2 Subscription Status

On Day 2, ICICI Prudential Asset Management Company. IPO witnessed a strong investor turnout, closing with an overall subscription of 2.02 times. The Qualified Institutional Buyers (QIB) category with a robust 2.91 times subscription, indicating solid institutional participation. Among Non-Institutional Investors (NII), the bNII (above ₹10 lakh) portion was subscribed 3.81 times, while the sNII (less than ₹10 lakh) segment saw Robust Leading with 3.74 times subscription, resulting in an overall NII subscription of 3.36 times. The Retail Individual Investors (RII) category was subscribed 0.83 times, reflecting healthy retail interest. Overall, the issue garnered 16,91,986 applications, with total bids amounting to approximately ₹15,347.228 crore, showcasing strong confidence across investor categories in the company’s growth potential.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	2.91
Non-Institutional Investors (NII)	3.36
bNII (above ₹10 lakh)	3.81
sNII (less than ₹10 lakh)	3.74
Retail Individual Investors (RII)	0.83
Total Subscriptions	2.02

Total Applications: 16,91,986

Total Bid Amount (₹ Crores): ₹15,347.228

Objective of the ICICI Prudential AMC IPO

ICICI Prudential AMC IPO GMP – Day 2 Update

The grey market premium (GMP) of the ICICI Prudential AMC IPO stands at ₹₹268.5 as of December 15, 2025 (Day 2). Considering the upper end of the price band at ₹2165 per share, the estimated listing price is around ₹2433, reflecting a potential gain of approximately 12.38% per share in the grey market.

Date	GMP	Est. Listing Price	Gain
15-12-2025 (Day 2)	₹268.5	₹2433	12.38%

ICICI Prudential AMC IPO – Key Details

Particulars	Details
IPO Opening Date	December 12, 2025
IPO Closing Date	December 16, 2025
Issue Price Band	₹2061 to ₹2165 per share
Total Issue Size	49,000,000 shares(aggregating up to ₹10,602.65 Cr)
Listing Platform	BSE, NSE
Registrar	KFin Technologies Ltd.
ICICI Prudential AMC IPO RHP	ICICI Prudential AMC

Important Dates for ICICI Prudential AMC IPO Allotment

Event	Date
Tentative Allotment	December 17, 2025
Refunds Initiation	December 18, 2025
Credit of Shares to Demat	December 18, 2025
Listing Date	December 19, 2025

Overview Of ICICI Prudential AMC IPO

Frequently Asked Questions (FAQs)

What is the opening and closing date of the ICICI Prudential AMC IPO?
ICICI Prudential AMC IPO is open on December 12, 2025 and will close on December 16, 2025.
What is the price band of the ICICI Prudential AMC IPO?
Its price band is fixed from ₹2061 to ₹2165 per share.
What is the GMP (Grey Market Premium) of the ICICI Prudential AMC IPO today?
The GMP on December 15, 2025 is ₹268, which leads to a possible listing price of ₹2433.
What is the total issue size of the ICICI Prudential AMC IPO?
The total issue size of the ICICI Prudential AMC IPO is ₹10,602.65 crore, structured entirely as an Offer for Sale (OFS) by existing shareholders, with no fresh issue component.
What is the expected listing date of the ICICI Prudential AMC IPO?
This IPO is expected to be listed on BSE and NSE on December 19, 2025.

December 15, 2025

What is SME IPO?

Have you ever wondered how small brands, startups, and local businesses become big, national brands? Imagine a young startup which you are following since it started and the owner wants to open more stores across the country? To do this, they require a lot of funds.

One way to get this money is by inviting people like you to invest in their company. In return, you become a small owner of the business. When a small or medium-sized company does this for the first time, it’s called an SME IPO.

This is the most efficient way for the growing Indian businesses as the IPO helps them in expanding their business, create more jobs, and become a huge business in the future. In this blog we will look at what an SME IPO is and how it works, in simple terms.

What is an IPO?

IPO which is known as Initial Public Offering, think of it as a private company which has a big pizza owned by few members, for initial days of the business the pizza is owned by limited members but now they want to increase their operations and require funds to expand their business, so they decide to cut their pizza into thousands of tiny slices (called ‘shares’) and sell them to the general public for the very first time, this is an IPO.When you invest in these tiny slice, you pay the company, and the company uses this money for business expansion and in return, you become a part-owner of the company. If the company does well and the value of the share also goes up. This whole process of a company selling its shares to the public for the first time is called “going public”.

Read Also: Top 10 Largest IPOs in India

Understanding the “SME” in SME IPO

“SME” stands for Small and Medium Enterprises, these are businesses that you might witness around, they are not big giants like TATA or Reliance but these businesses come as a backbone of the Indian economy as they create jobs and offer different products and services.

The Indian government has a clear definition for what counts as a Micro, Small, or Medium enterprise. It’s based on two simple numbers:

Investment: The amount of money that the company has invested in its machinery and equipment.
Turnover: This is the money that the company has earned from the sales of its products and services each year.

Let,s look at a table to understand exactly what are SME IPOs are:

Enterprise Type	Investment in Plant & Machinery	Annual Turnover
Micro	Up to Rs.2.5 crore	Up to Rs.10 crore
Small	Up to Rs.25 crore	Up to Rs.100 crore
Medium	Up to Rs.125 crore	Up to Rs.500 crore

What is an SME IPO?

An SME IPO is a special method in which these small and medium companies raise money from the public and get their shares listed on the stock exchange.

You might think, if these businesses are small how is it possible for them to enter the complicated process of a regular IPO. The Indian stock stock exchanges, the BSE and the NSE, have created special platforms just for these smaller companies. These platforms are called BSE SME and NSE Emerge where small and medium enterprises can list their stocks and bring their IPO for the general public.

These platforms have simpler rules and lower costs, making it much easier for smaller companies to get listed. Here’s a quick comparison of an SME IPO and a regular (Mainboard) IPO.

Feature	SME IPO	Mainboard IPO
Who can issue?	Small & Medium Enterprises (SMEs)	Large established companies
Post issued paid-up Capital	Up to Rs.25 Crores	Minimum Rs.10 Crores
Minimum Investment Required	Typically above Rs.1 Lakh	Typically Rs.10,000 – Rs.15,000
Regulating Authority	The Stock Exchanges (BSE/NSE)	SEBI (Securities and Exchange Board of India)
Minimum Number of Investors	50	1,000
Financial Reporting	Half-yearly	Quarterly
Underwriting	100% Mandatory	Optional

How Does an SME Get Listed?

The listing process of an SME IPO might feel very complex but it is just a step by step process. From the decision to go public to the final listing day, it usually takes about 4 to 6 months.

1. The Merchant Banker

This is the first step to get the IPO listed, here company’s hire an expert known as Merchant Banker, this is an investment bank which manages the entire IPO process, from paperwork to pricing and these bankers also make sure that all the rules are being followed.

2. The Offer Document

In a Small and Medium-sized Enterprise (SME) IPO, the Offer Document serves as a report that provides prospective investors with comprehensive information about the company seeking to sell its shares. It provides crucial information about the company’s financial situation, future plans, investment risks, and how it intends to use the proceeds from the sale of its shares. The stock exchange receives this document and reviews it to ensure that it is truthful and transparent. This procedure fosters confidence between the business and potential investors.

3. Exchange Approval

For a large company’s IPO, all the details are checked by SEBI (market regulator) but for an SME IPO the papers are sent directly to the stock exchanges BSE SME or NSE Emerge. Here’s a key difference from a big IPO. The exchange acts as the main checker itself acts as the main checker and its team reviews the documents and checks the company’s office before giving the green light. This makes the SME IPO process much faster.

4. Marketing & Roadshows

Once the exchange gives the company a thumbs up, the company and its bankers start marketing the IPO. They hold “roadshows,” which are meetings with potential big investors to build excitement for the upcoming share sale.

5. The Bidding

The IPO is then opened to the public for a few days, usually 3 to 5. During this time, investors like you can apply for shares through their trading or bank accounts, this is known as the bidding period.

6. Allotment

After the bidding closes, the shares are distributed but if more number of shares were applied for than were available (oversubscription), then the allotment for individual investors is usually done using a fair, computerized lottery system.

7. Stock Market Listing

Finally, the company’s shares are officially listed on the BSE SME or NSE Emerge platform. From this day traders can start trading on these listed shares and you can easily buy and sell the company’s shares on the open market.

Advantages of SME IPO

High Growth Potential: At start you invest in a company that is still small but can grow into a large corporation in the future, growing your investment simultaneously.
Discovering Hidden Gems: Generally these companies are not fully focused by financial experts and are even unique in the market. Here you have a chance to find these businesses before they become famous in the market.
Strong Promoter Involvement: In most SMEs, the founders run their company dedicatedly and being a small business they have high motivation to make their business a success.

Read Also: What is a Confidential IPO Filing?

Disadvantages of SME IPO

Investing in small, growing companies is naturally a high-risk, high-reward game, before investing you should always know great returns come with big risks. That’s why regulators have made the rules stricter, to make sure that only investors who understand and can afford these risks are participating.

Higher Volatility: The share prices of smaller companies can be very volatile in nature as it can go up or down much more sharply and quickly than the shares of large, financially stable companies.
Lower Liquidity: Since fewer people trade SME stocks, it might be harder to find a buyer right when you want to sell, as lower liquidity means a less demand and supply of shares.
Limited Information: There is a lot of information available about large, well-known companies. SMEs are smaller and have a shorter history, so it can be more difficult to research them thoroughly.
Business Risk: A small business is more fragile. A tough year for the economy or a new competitor could hit an SME much harder than a large corporation. The risk of the business failing is higher.

Conclusion

SME IPOs not only raise money but they act as a launchpad for small rising businesses to become prominent in the market. Platforms like BSE SME and NSE Emerge help these growing businesses in evolving to a national company which ultimately helps in creating jobs and boosting our economy along the way.

For investors, this opens up a new world of opportunities. But it’s a world that requires knowledge as these businesses have high potential returns but there are some major risks attached to it. The main key is to do your research and understand the working of these companies, as well as the future growth plan of these companies. One should understand and make their investment wisely.

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Frequently Asked Questions (FAQs)

How much can I start investing in an SME IPO?
The minimum application amount for an SME IPO must be more than Rs.2 lakhs and also you must also apply for shares in a pre-defined “lot,” and you cannot apply for less than the minimum lot size.
Can retail investors apply for an SME IPO?
Yes retail investors can apply for SME IPO, but one should always know that a minimum investment of Rs.2 lakhs is required as per the new rules.
How are shares allotted if too many people apply?
When too many people apply it is known as oversubscription. In an SME IPO, if the portion for individual investors is oversubscribed, the shares are allotted using a computerized lottery system, ensuring fair chance for all applicants.
Are SME IPOs risky?
SME IPOs are considered riskier than IPOs of large, established companies because the SMEs are small scale companies which have a shorter track record, and their shares can be less liquid (harder to sell).
Can a company listed on an SME platform move to the main stock exchange?
Yes, SME platforms can migrate to mainboard stock exchanges like NSE and BSE but they have to spend at least two years on an SME platform and should grow enough to meet the stricter requirements of these exchanges.

December 9, 2025

Meesho IPO Allotment Status: Check Latest GMP, Steps to Verify Status

Meesho, one of India’s fast-growing e-commerce platforms backed by prominent investors, is launching an initial public offering (IPO) to raise up to ₹5,421.20 crore. The issue opens for subscription on December 3, 2025, and will close on December 5, 2025, with a price band fixed at ₹105 to ₹111 per share. The IPO comprises a fresh share issuance of ₹4,250 crore and an offer-for-sale (OFS) of about ₹1,171.20 crore by existing shareholders. The shares are proposed to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), with tentative listing scheduled for December 10, 2025, subject to allotment and regulatory approvals.

Meesho,IPO Day 3 Subscription Status

On Day 3, Meesho. IPO witnessed a strong investor turnout, closing with an overall subscription of 81.76 times. The Qualified Institutional Buyers (QIB) category with a robust 123.34 times subscription, indicating solid institutional participation. Among Non-Institutional Investors (NII), the bNII (above ₹10 lakh) portion was subscribed 43.64 times, while the sNII (less than ₹10 lakh) segment saw Robust Leading with 32.28 times subscription, resulting in an overall NII subscription of 39.85 times. The Retail Individual Investors (RII) category was subscribed 19.89 times, reflecting healthy retail interest. Overall, the issue garnered 62,75,381 applications, with total bids amounting to approximately ₹62,75,381 crore, showcasing strong confidence across investor categories in the company’s growth potential.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	123.34
Non-Institutional Investors (NII)	39.85
bNII (above ₹10 lakh)	43.64
sNII (less than ₹10 lakh)	32.28
Retail Individual Investors (RII)	19.89
Total Subscriptions	81.76

Total Applications: 62,75,381

Total Bid Amount (₹ Crores): ₹62,75,381

How to Check Meesho IPO Allotment Status?

Meesho IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.

Method 1: Registrar’s website (KFin Technologies Ltd.)

The most reliable way is to check allotment from KFin Technologies Ltd.’s website.

How to do:

Visit KFin Technologies Ltd.’s official website
Select “Meesho IPO” from the IPO list
Enter your details PAN number, Application number, or DP/Client ID
Click on Submit
You will see the allotment status on the screen.

Method 2: Check from BSE or NSE’s website

If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.

How to do:

Visit BSE or NSE’s official website
Select ‘Equity’ segment
Select “Meesho IPO” from the IPO list
Enter PAN number and Application number
Click on Search

Objective of the Meesho IPO

Meesho plans to utilize the net proceeds from the fresh issue for the following purposes. The proceeds from the Offer for Sale (OFS) will be received by the selling shareholders and not by the company :

Use of IPO Proceeds	Amount (₹ Cr)
Investment in cloud infrastructure (via subsidiary)	1,390
Salaries for AI / ML and technology teams (tech development)	480
Marketing, brand-building and customer acquisition initiatives	1,020
Inorganic growth (acquisitions / strategic initiatives) & general corporate purposes / working capital	1,360

Meesho IPO GMP – Day 3 Update

The grey market premium (GMP) of the Meesho IPO stands at ₹₹48 as of December 05, 2025 (Day 3). Considering the upper end of the price band at ₹111 per share, the estimated listing price is around ₹159, reflecting a potential gain of approximately 43.24% per share in the grey market.

Date	GMP	Est. Listing Price	Gain
05-12-2025 (Day 3)	₹48	₹159	43.24%

Meesho IPO – Key Details

Particulars	Details
IPO Opening Date	December 03, 2025
IPO Closing Date	December 05, 2025
Issue Price Band	₹105 to ₹111 per share
Total Issue Size	48,83,96,721 shares(aggregating up to ₹5,421.20 Cr)
Listing Platform	BSE, NSE
Registrar	KFin Technologies Ltd.
Groww (Billionbrains Garage Ventures Ltd.) IPO RHP	Meesho

Important Dates for Meesho IPO Allotment

Event	Date
Tentative Allotment	December 08, 2025
Refunds Initiation	December 09, 2025
Credit of Shares to Demat	December 09, 2025
Listing Date	December 10, 2025

Overview Of Meesho IPO

Meesho is one of India’s fastest-growing e-commerce platforms, designed to make online shopping affordable and accessible while empowering small businesses and home-based entrepreneurs. Operating a zero-commission, asset-light marketplace, it uses advanced AI, analytics, and automation to optimize product discovery, pricing, and logistics. Meesho has built strong penetration across Tier 2 and Tier 3 cities, serving millions of value-seeking consumers and sellers. Its technology-driven model enables low customer acquisition costs, faster deliveries, and scalable operations. As the company continues to expand, it remains focused on sustainable growth, profitability, and strengthening its position in India’s digital commerce ecosystem.

Frequently Asked Questions (FAQs)

What is the opening and closing date of the MeeshoIPO?
Groww IPO is open on December 03, 2025 and will close on December 05, 2025.
What is the price band of the Meesho IPO?
Its price band is fixed from ₹105 to ₹111 per share.
What is the GMP (Grey Market Premium) of the Meesho IPO today?
The GMP on December 04, 2025 is ₹48, which leads to a possible listing price of ₹159.
What is the total issue size of the Meesho IPO?
The total issue size of the MeeshoIPO is ₹5,421.20 crore, structured as a combination of fresh issue and Offer for Sale (OFS) by existing shareholders.
What is the expected listing date of the Meesho IPO?
This IPO is expected to be listed on BSE and NSE on December 10, 2025.

December 5, 2025

Aequs Ltd. IPO Allotment Status: Check Latest GMP, Steps to Verify Status

Aequs Limited, a key player in the aerospace manufacturing ecosystem and operator of one of India’s largest dedicated aerospace SEZs, has opened its highly anticipated ₹400 crore IPO, comprising a fresh issue of ₹300 crore and an offer for sale of ₹100 crore. The public issue opened for subscription on December 2, 2025, with a price band of ₹397–₹420 per share, and will remain open until December 4, 2025. Once the allotment process is completed, Aequs Limited is scheduled to list its shares on both the BSE and NSE on December 9, 2025.

Aequs Ltd. IPO Day 3 Subscription Status

Aequs Ltd’s IPO concluded on Day 3 with an exceptionally strong overall subscription of 104.30 times, reflecting intense demand across all investor categories. Qualified Institutional Buyers (QIBs) led the frenzy with a massive 122.93 times subscription, followed closely by Non-Institutional Investors (NIIs), who subscribed 83.61 times overall. Within the NII segment, sNII (less than ₹10 lakh) bids came in at 91.13 times, while bNII (above ₹10 lakh) saw 79.86 times subscription. Retail Individual Investors (RII) also showed overwhelming interest, subscribing 81.03 times, and even the Employee quota—typically more moderate—was subscribed 37.86 times.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	122.93
Non-Institutional Investors (NII)	83.61
bNII (above ₹10 lakh)	79.86
sNII (less than ₹10 lakh)	91.13
Retail Individual Investors (RII)	81.03
Employees	37.86
Total Subscriptions	104.30

Total Applications: 44,16,042

Total Bid Amount (₹ Crores): 52,972.46

How to Check Aequs Ltd. IPO Allotment Status

Aequs Ltd. IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.

Method 1: Registrar’s website (KFIN Technologies Ltd.)

The most reliable way is to check allotment from MUFG Intime India Private Limited’s website.

How to do:

Visit KFIN Technologies Ltd’s official website
Select “Aequs Ltd.” from the IPO list
Enter your details PAN number, Application number, or DP/Client ID
Click on Submit
You will see the allotment status on the screen.

Method 2: Check from BSE or NSE’s website

If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.

How to do:

Visit BSE or NSE’s official website
Select ‘Equity’ segment
Select “Aequs Ltd.” from the IPO list
Enter PAN number and Application number
Click on Search

Objective of the Aequs Ltd. IPO

Aequs Ltd. plans to utilize the net proceeds from the fresh issue for the following purposes:

Use of IPO Proceeds	Amount (₹ Cr)
Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties	433.17
Funding capital expenditure to be incurred on account of purchase of machinery and equipment by company	8.11
Funding capital expenditure to be incurred on account of purchase of machinery and equipment by one of the wholly-owned Subsidiaries, AeroStructures Manufacturing India Private Limited, through investment in such Subsidiary	55.89
Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes	–

Aequs Ltd. IPO GMP – Day 3 Update

The grey market premium (GMP) of Aequs Ltd. IPO is ₹45, as on 5:00 PM December 05, 2025. The upper limit of the price band is ₹169 and the estimated listing price as per today’s GMP can be ₹45, giving a potential gain of around 36.29% per share.

Date	GMP	Est. Listing Price	Gain
07-10-2025 (DAY 3)	₹45	₹169	36.29%

Aequs Ltd. IPO – Key Details

Particulars	Details
IPO Opening Date	December 03, 2025
IPO Closing Date	December 05, 2025
Issue Price Band	₹118 to ₹124 per share
Total Issue Size	7,43,39,651 shares(aggregating up to ₹921.81 Cr)
Listing Platform	BSE, NSE
Registrar	Kfin Technologies Ltd.
Aequs Ltd. IPO RHP	Click Here

Important Dates for Aequs Ltd. IPO Allotment

Event	Date
Tentative Allotment	December 08, 2025
Refunds Initiation	December 09, 2025
Credit of Shares to Demat	December 09, 2025
Listing Date	December 10, 2025

Aequs Ltd. Overview

Aequs Ltd., incorporated in 2000, has evolved into a vertically integrated precision manufacturing company with a strong foundation in the aerospace segment. Operating a dedicated Special Economic Zone, the company delivers end-to-end manufacturing capabilities, producing components for engine systems, landing gear, cargo structures, interiors and complex assemblies. Over time, Aequs has diversified beyond aerospace to include consumer electronics, plastics and consumer durables, broadening its technological footprint. As of September 30, 2025, the company had produced over 5,000 aerospace products across major global aircraft programs such as the A220, A320, B737, A330, A350 and B787. Its product portfolio spans structures, interiors, landing systems and actuation systems, reflecting deep engineering expertise. With a workforce of more than 4,500 employees across various roles, Aequs benefits from an experienced talent pool. Its competitive strengths include advanced precision capabilities, a vertically integrated ecosystem, global manufacturing presence and long-standing partnerships with high-entry-barrier customers. Supported by a founder-led leadership team, Aequs is positioned as a significant player in global precision manufacturing.

Frequently Asked Questions (FAQs)

What is the opening and closing date of the Aequs Ltd. IPO?
Aequs Ltd. IPO is open on 03 December 2025 and will close on 05 December 2025.
What is the price band of the Aequs Ltd. IPO?
Its price band is fixed from ₹118 to ₹124 per share.
What is the GMP (Grey Market Premium) of Aequs Ltd. IPO today?
The GMP on 05 December 2025 is ₹45, which leads to a possible listing price of ₹169.
What is the total issue size of Aequs Ltd. IPO?
The total issue size of the Aequs Ltd. IPO is ₹921.81 crore, comprising of a fresh issue ₹670 crore and an offer for sale (OFS) of ₹251.81 crore.
What is the expected listing date of Aequs Ltd.?
This IPO is expected to be listed on BSE and NSE on 10 December 2025.

December 5, 2025

Meesho IPO: 8.26x Subscription on Day 2, GMP ₹44.5 & Key Details

Meesho,IPO Day 2 Subscription Status

On Day 2, Meesho. IPO witnessed a strong investor turnout, closing with an overall subscription of 8.26 times. The Qualified Institutional Buyers (QIB) category with a robust 7.15 times subscription, indicating solid institutional participation. Among Non-Institutional Investors (NII), the bNII (above ₹10 lakh) portion was subscribed 8.82 times, while the sNII (less than ₹10 lakh) segment saw Robust Leading with 11.20 times subscription, resulting in an overall NII subscription of 9.61 times. The Retail Individual Investors (RII) category was subscribed 9.59 times, reflecting healthy retail interest. Overall, the issue garnered 29,06,810 applications, with total bids amounting to approximately ₹24,633.37 crore, showcasing strong confidence across investor categories in the company’s growth potential.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	7.15
Non-Institutional Investors (NII)	9.61
bNII (above ₹10 lakh)	8.82
sNII (less than ₹10 lakh)	11.20
Retail Individual Investors (RII)	9.59
Total Subscriptions	8.26

Total Applications: 29,06,810

Total Bid Amount (₹ Crores): 24,633.37

Objective of the Meesho IPO

Use of IPO Proceeds	Amount (₹ Cr)
Investment in cloud infrastructure (via subsidiary)	1,390
Salaries for AI / ML and technology teams (tech development)	480
Marketing, brand-building and customer acquisition initiatives	1,020
Inorganic growth (acquisitions / strategic initiatives) & general corporate purposes / working capital	1,360

Meesho IPO GMP – Day 2 Update

The grey market premium (GMP) of the Meesho IPO stands at ₹₹44.5 as of December 04, 2025 (Day 2). Considering the upper end of the price band at ₹111 per share, the estimated listing price is around ₹155, reflecting a potential gain of approximately 40.09% per share in the grey market.

Date	GMP	Est. Listing Price	Gain
04-12-2025 (Day 2)	₹44.5	₹155	40.09%

Meesho IPO – Key Details

Particulars	Details
IPO Opening Date	December 03, 2025
IPO Closing Date	December 05, 2025
Issue Price Band	₹105 to ₹111 per share
Total Issue Size	48,83,96,721 shares(aggregating up to ₹5,421.20 Cr)
Listing Platform	BSE, NSE
Registrar	KFin Technologies Ltd.
Groww (Billionbrains Garage Ventures Ltd.) IPO RHP	Meesho

Important Dates for Meesho IPO Allotment

Event	Date
Tentative Allotment	December 08, 2025
Refunds Initiation	December 09, 2025
Credit of Shares to Demat	December 09, 2025
Listing Date	December 10, 2025

Overview Of Meesho IPO

Frequently Asked Questions (FAQs)

What is the opening and closing date of the MeeshoIPO?
Groww IPO is open on December 03, 2025 and will close on December 05, 2025.
What is the price band of the Meesho IPO?
Its price band is fixed from ₹105 to ₹111 per share.
What is the GMP (Grey Market Premium) of the Meesho IPO today?
The GMP on December 04, 2025 is ₹5, which leads to a possible listing price of ₹105.
What is the total issue size of the Meesho IPO?
The total issue size of the MeeshoIPO is ₹5,421.20 crore, structured as a combination of fresh issue and Offer for Sale (OFS) by existing shareholders.
What is the expected listing date of the Meesho IPO?
This IPO is expected to be listed on BSE and NSE on December 10, 2025.

December 4, 2025

Aequs Ltd. IPO GMP Today: Subscription Status, Allotment Dates & Details

Aequs Ltd’s IPO concluded with a strong overall subscription of 11.40 times. Retail Individual Investors (RII) dominated the demand with an exceptional 34.20 times subscription, followed by the sNII (less than ₹10 lakh) category at 24.05 times. The bNII (above ₹10 lakh) segment also showed heavy interest at 14.14 times, taking the total NII subscription to 17.44 times. The Employees category subscribed 16.04 times, while Qualified Institutional Buyers (QIBs) participated at 0.75 times. The issue received 18,09,025 total applications, with aggregate bids amounting to ₹5,792 crore.

Aequs Ltd. IPO Day 2 Subscription Status

Aequs Ltd’s IPO concluded Day 2 with a steady overall subscription of 1.12 times. The strongest participation came from Qualified Institutional Buyers (QIBs) at 2.04 times, reflecting healthy institutional interest. The Retail Individual Investors (RII) segment was subscribed 0.95 times, indicating near-full demand from retail investors. The Non-Institutional Investors (NII) portion reached 0.41 times, with sNII (below ₹10 lakh) at 0.38 times and bNII (above ₹10 lakh) at 0.44 times.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	0.75
Non-Institutional Investors (NII)	17.44
bNII (above ₹10 lakh)	14.14
sNII (less than ₹10 lakh)	24.05
Retail Individual Investors (RII)	34.20
Employees	16.04
Total Subscriptions	11.40

Total Applications: 18,09,025

Total Bid Amount (₹ Crores): 5,792

Objective of the Aequs Ltd. IPO

Aequs Ltd. plans to utilize the net proceeds from the fresh issue for the following purposes:

Use of IPO Proceeds	Amount (₹ Cr)
Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties	433.17
Funding capital expenditure to be incurred on account of purchase of machinery and equipment by company	8.11
Funding capital expenditure to be incurred on account of purchase of machinery and equipment by one of the wholly-owned Subsidiaries, AeroStructures Manufacturing India Private Limited, through investment in such Subsidiary	55.89
Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes	–

Aequs Ltd. IPO GMP – Day 2 Update

The grey market premium (GMP) of Aequs Ltd. IPO is ₹41, as on 5:00 PM December 04, 2025. The upper limit of the price band is ₹124 and the estimated listing price as per today’s GMP can be ₹41, giving a potential gain of around 33.06% per share.

Date	GMP	Est. Listing Price	Gain
04-12-2025 (DAY 3)	₹41	₹165	33.06%

Aequs Ltd. IPO – Key Details

Particulars	Details
IPO Opening Date	December 03, 2025
IPO Closing Date	December 05, 2025
Issue Price Band	₹118 to ₹124 per share
Total Issue Size	7,43,39,651 shares(aggregating up to ₹921.81 Cr)
Listing Platform	BSE, NSE
Registrar	Kfin Technologies Ltd.
Aequs Ltd. IPO RHP	Click Here

Important Dates for Aequs Ltd. IPO Allotment

Event	Date
Tentative Allotment	December 08, 2025
Refunds Initiation	December 09, 2025
Credit of Shares to Demat	December 09, 2025
Listing Date	December 10, 2025

Aequs Ltd. Overview

Easy Steps to Apply for Tata Capital IPO via Pocketful

Step 1 : Install the Pocketful Application from Play Store or App Store

Step 2 : Sign up and complete your KYC requirements

Step 3 : Go to the IPO section from the home page

Step 4 : Look for “Aequs Ltd.” in the list

Step 5 : Tap on Apply and enter your bid details

Frequently Asked Questions (FAQs)

What is the opening and closing date of the Aequs Ltd. IPO?
Aequs Ltd. IPO is open on 03 December 2025 and will close on 07 December 2025.
What is the price band of the Aequs Ltd. IPO?
Its price band is fixed from ₹118 to ₹124 per share.
What is the GMP (Grey Market Premium) of Aequs Ltd. IPO today?
The GMP on 04 December 2025 is ₹41, which leads to a possible listing price of ₹165.
What is the total issue size of Aequs Ltd. IPO?
The total issue size of the Aequs Ltd. IPO is ₹921.81 crore, comprising of a fresh issue ₹670 crore and an offer for sale (OFS) of ₹251.81 crore.
What is the expected listing date of Aequs Ltd.?
This IPO is expected to be listed on BSE and NSE on 10 December 2025.

December 4, 2025

What is a Deemed Prospectus?

Imagine a company wants to sell its shares to thousands of people to raise money. To do this fairly, the law says it must give you a detailed report card called a prospectus. This document tells you everything you need to know as an investor: the company’s health, its goals, and the risks involved, so investors or buyers can make a smart decision.

But what if a company doesn’t directly sell you the shares, rather it sells a huge chunk of its shares to a merchant bank (middleman). Then, that bank turns around and offers those same shares to you. It seems like the company is avoiding its duty to give you the full story.

This is where the law introduces new rules. In this blog, we will understand what a deemed prospectus is. The idea is straightforward: if a document is used to offer a company’s shares to the public, even through an intermediary, the law treats it as a prospectus. For example, when a bank issues an “Offer for Sale” for shares it recently purchased from a company, the law considers that document as the company’s own deemed prospectus. This means the company remains fully accountable for all the information it contains.

What is a Deemed Prospectus?

The concept of a deemed prospectus is defined under Section 25(1) of the Companies Act, 2013. It states that if a company allots its shares to an intermediary with the intention of selling them to the public, then the document used for that sale will be treated as a prospectus issued directly by the company.

It doesn’t matter what the document is called, if its job is to get the company’s shares into the hands of the public, the law holds the original company responsible. This keeps the company accountable for the information you receive.

For Example : A company called “XYZ Pvt. Ltd.” needs funds to expand the company. Instead of launching a regular IPO, the company sold a large number of its shares to “ABC Bank” on January 1st. Within the next 6 months the ABC Bank creates a document called an “Offer for Sale” and invites the public to buy XYZ Pvt. Ltd. shares.

As the selling of the shares has started within six months, the law gets automatically triggered. The “Offer for Sale” document from ABC Bank is now legally considered the deemed prospectus of XYZ Pvt. Ltd. meaning the directors of XYZ Pvt. Ltd. are fully responsible for information provided by the bank related to the company’s details.

When is a Deemed Prospectus Triggered?

The Six-Month Rule

The first trigger is set according to the timing, where if the merchant banker (middleman) offers the shares to the public within six months of getting them from the issuing company, the law steps in and a quick sale like this suggests it was never a real investment by the banker but just a step in the company’s plan to reach the public.

The Unpaid Bill Rule

The second trigger is set according to the money, here if the issuing company hasn’t received the full payment for the shares by the time the middleman starts selling them, it is concerning. This shows that the company’s payment depends on the public buying of the shares, meaning the company is the one truly raising money from you.

Read Also: Most Highest Subscribed IPOs

Significance of a Deemed Prospectus

Complete Information: The main role of a deemed prospectus is to provide you with complete and honest information before you plan to invest. It makes the company to be transparent about its functions, fundamentals, business, finances and associated risks.
Issuing Company’s Accountability: It holds the company and its directors accountable instead of the middlemen as they are legally responsible for each and every information provided in the deemed prospectus, just as if they had written it themselves.
Protects Investors and Builds Trust: By preventing companies from bypassing disclosure through middlemen, the rule strengthens investor protection and builds trust in the fairness and reliability of the securities market.

Deemed Prospectus vs. Prospectus

Features	Regular Prospectus	Deemed Prospectus
Issuer	Directly issued by the company	Issued by a middlemen like Bank
Offers	It offers a direct invitation to the public	It is an indirect offer to the public
Primary Document	Known as “Prospectus”	The Document is called ‘Offer For Sale’ but treated as Prospectus under law.
Responsibility	The Company and its directors	Both the middlemen and the company

What is Included in the Deemed Prospectus?

Deemed prospectus includes all necessary information required as per the normal Prospectus like:

All details about the company history and businesses.
Transparent information about the directors and company’s management.
Yearly audited financial reports or we can also say the company’s report card.
Clear information about the offered shares.
It also tells us the risks that are prominent in the company’s growth.

Although Deemed Prospectus also requires two extra details for complete transparency about the deal with the middleman:

The Net Payment: It must state exactly how much money the company received from the middleman for the shares. This lets you see the profit the middleman is making.
The Contract: It must tell you where and when you can go and see the contract signed between the company and the middleman. This provides a paper trail for regulators.

Liabilities for Wrong Information

If a deemed prospectus contains misleading or false information, the consequences are severe, just like with a regular prospectus.

Civil Liability: If investors lose the invested amount just because of the wrong and misleading information of the prospectus, then they can sue the company, its directors and the banker for compensation.
Criminal Liability: If things turn out to be right and it’s proven that the prospectus was intentionally fraudulent, then the responsible people can face jail time of up to ten years and heavy fines can be imposed depending on the gravity of fraud.

Read Also: What is a Confidential IPO Filing?

Conclusion

Deemed Prospectus turns out to be a powerful tool that protects the investors money ensuring that the shares offered by the company via deemed prospectus is true, as it is directly provided by the company to the investors. It guarantees that you get the full picture needed to make informed decisions, building a stock market that is safer and more trustworthy for everyone.

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5	What is NII in IPO?
6	What Is An IPO Mutual Fund? Should You Invest?
7	Why Invest in an IPO and its Benefits?
8	IPO Application Eligibility Criteria
9	What is the IPO Allotment Process?
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11	Top 10 Largest IPOs in India
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13	Performance Of IPOs Launched In 2023
14	What is IPO Listing Time?
15	What are the Different Types of IPO in India?

Frequently Asked Questions (FAQs)

Are Red Herring Prospectus (RHP) the same as Deemed Prospectus?
No, they are different, an RHP is a draft prospectus for a direct IPO that doesn’t include the final price or number of shares.
Who is liable for wrong information in a deemed prospectus?
For any misleading and wrong information the Director as well as the middlemen both are responsible.
Why are middlemen used instead of a direct IPO by the company?
It is a faster way to enter the market and also a faster way to raise funds by using the existing middlemen network.
Main thing to know about a deemed prospectus?
The most important thing to be known by an investor is that their rights are protected as law treats a deemed prospectus just like a regular one, meaning you are entitled to receive complete and accurate information, and the company is fully accountable for it.
Deemed prospectus have to be filed with the government?
Yes. Because it is legally considered a prospectus “for all purposes,” it must be filed with the Registrar of Companies (RoC) before it can be shared with the public, just like any other prospectus.

December 3, 2025

What is Oversubscription in IPOs?

A company wishing to go public, offers shares through an Initial Public Offering (IPO), giving the public a chance to become partial owners of the business. Sometimes, the company is hyped, and the demand for its shares exceeds the number of shares available. This is what is known as oversubscription. It is usually seen as a good sign; it shows that investors are excited and have confidence in the company. But it also means you might not get all the shares you applied for.

In this blog, we will break down why oversubscription happens, what it means for both investors and companies.

What is Oversubscription in IPOs

A scenario of Oversubscription happens when more people want to buy a company’s shares than the company is offering. To simplify, when demand exceeds supply. Suppose a company is offering 1 crore shares, but investors apply for 5 crore shares. That means the IPO is oversubscribed by 5 times, a sign that the company is popular. While oversubscription is usually a good sign, it also means you might not get all the shares you applied for. In such cases, the shares are usually distributed either proportionally or through a lottery system, so everyone gets a fair chance.

How Does Oversubscription Happen?

Here is how it usually comes about,

Limited Shares, High Interest – Companies only offer a set number of shares. If the company’s price is attractive, more investors apply than there are shares available.
Excess Hype & Advertisement – Media coverage, analyst recommendations, or just the general hype around a company can make investors rush in.
Strong Fundamentals – Companies with good growth prospects, stable financials, or a well-known brand draw more attention from investors.
Many Applications – Retail investors, high net worth individuals, and institutions all apply. When everyone’s combined demand is higher than the supply, oversubscription happens.
Fair Allocation – When there is oversubscription, shares are usually allotted either proportionally or through a lottery system, so everyone gets a fair chance.

Causes

Attractive Pricing – If the IPO is priced reasonably or even slightly cheaper than similar companies, investors see it as a great deal. Everyone likes to get their hands on companies which look undervalued.
Positive Market Mood – When the stock market is in an uptrend and people are feeling confident, they are more likely to take chances on new IPOs. A strong market often brings in more applications.
Familiar or Trusted Brands -If the company is already well-known or has products people use every day, investors feel more comfortable putting their money in. It becomes easier to trust a brand you already know.
Past IPO Success Stories – When recent IPOs have given good listing gains, it naturally builds excitement. Investors start thinking, “Maybe this one will perform just as well,” and rush to apply before it’s too late.

Read Also: What is the IPO Allotment Process?

Recent List of Oversubscribed IPO

S. No	Company	Oversubscription	Listing Date
1	Urban Company Ltd	103.6x	17 September 2025
2	LG Electronics India	54x	14 October 2025
3	Srigee DLM Ltd	107x	12 May 2025
4	VMS TMT Ltd	102x	24 September 2025
5	National Securities Depository Ltd (NSDL)	41x	6 August 2025

Impact of Oversubscribed IPO

1. For Investors

When an IPO gets oversubscribed, it simply means there are more buyers than shares offered by the company. So, there is a fair chance you will not get all the shares you applied for. The allotment is usually done through a lottery or on a pro-rata basis, which means you might get just a small portion of what you wanted, or sometimes, none at all.

2. For the Company

An oversubscribed IPO is a big confidence booster for the company. It signals that investors believe in its business and future growth. It also helps in creating a strong brand image and makes it easier for the company to raise funds later if needed.

3. For the Market

When several IPOs get oversubscribed around the same time, it usually points to positive market sentiment. It shows that investors are feeling optimistic and willing to take part in new opportunities.

Conclusion

If an IPO gets oversubscribed, it usually means investors are excited and believe in the company’s story. It is a strong sign of trust and enthusiasm in the market. But there is another side to it, too; not everyone will get all the shares they apply for, and hype does not always translate to profits.

As an investor, it is important to look past the hype. Check the company’s financials, understand what it does, and see if the pricing makes sense. Oversubscription can be because of advertisement and popularity, but smart investing comes from research, patience, and timing, not just hype.

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6	Apply in IPO Through ASBA- IPO Application Method
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8	What is IPO Listing Time?
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12	Top 10 Largest IPOs in India
13	Anchor Investors in IPOs – Meaning, Role & Benefits
14	What is Grey Market, and How Are IPO Shares Traded?

Frequently Asked Questions (FAQs)

What does it mean when an IPO is oversubscribed?
It simply means more people applied for shares than the company had to offer.
How are shares allotted when an IPO is oversubscribed?
In such cases, the company cannot give everyone what they asked for. So, shares are distributed either through a lottery system (for retail investors) or proportionally (for bigger investors like institutions and HNIs).
Does oversubscription always mean the stock will list higher?
Not necessarily. While high demand often hints at a strong listing, the actual performance depends on market conditions, valuations, and overall sentiment on the listing day.
Can I apply multiple times to increase my chances?
You can apply through different family members’ demat accounts if they have separate PAN numbers. But applying multiple times with the same PAN will get your application rejected.
Is an oversubscribed IPO always a good investment?
Not always. Sometimes hype plays a big role. It is better to focus on companies with strong fundamentals, business models, and realistic pricing.

November 12, 2025

Groww (Billionbrains Garage Ventures Ltd.)IPO Allotment Status, GMP, Subscription & Listing Date

Groww (Billionbrains Garage Ventures Ltd.), one of India’s fastest-growing investment and wealth management platforms, is launching an initial public offering (IPO) to raise up to ₹6,632 crore. The issue opens for subscription on November 4, 2025, and will close on November 7, 2025, with a price band fixed at ₹95 to ₹100 per share. The IPO comprises a fresh share issuance of approximately ₹1,200 crore and an offer-for-sale (OFS) of about ₹5,432 crore by existing shareholders. The shares are proposed to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on November 12, 2025, subject to allotment and necessary regulatory approvals.

Groww (Billionbrains Garage Ventures Ltd.) IPO Day 3 Subscription Status

On Day 3, Groww (Billionbrains Garage Ventures Ltd.). IPO witnessed a strong investor turnout, closing with an overall subscription of 17.60 times. The Qualified Institutional Buyers (QIB) category led the demand with a robust 22.02 times subscription, indicating solid institutional participation. Among Non-Institutional Investors (NII), the bNII (above ₹10 lakh) portion was subscribed 16.28 times, while the sNII (less than ₹10 lakh) segment saw 10.04 times subscription, resulting in an overall NII subscription of 14.20 times. The Retail Individual Investors (RII) category was subscribed 9.43 times, reflecting healthy retail interest. Overall, the issue garnered 31,40,951 applications, with total bids amounting to approximately ₹64,186.764 crore, showcasing strong confidence across investor categories in the company’s growth potential.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	22.02
Non-Institutional Investors (NII)	14.20
bNII (above ₹10 lakh)	16.28
sNII (less than ₹10 lakh)	10.04
Retail Individual Investors (RII)	9.43
Total Subscriptions	17.60

Total Applications: 31,40,951

Total Bid Amount (₹ Crores): 64,186.76

How to Check Groww (Billionbrains Garage Ventures Ltd.) IPO Allotment Status?

Groww IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.

Method 1: Registrar’s website (MUFG Intime India Pvt. Ltd.)

The most reliable way is to check allotment from MUFG Intime India Private Limited’s website.

How to do:

Visit MUFG Intime India Pvt. Ltd.’s official website
Select “Groww IPO” from the IPO list
Enter your details PAN number, Application number, or DP/Client ID
Click on Submit
You will see the allotment status on the screen.

Method 2: Check from BSE or NSE’s website

If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.

How to do:

Visit BSE or NSE’s official website
Select ‘Equity’ segment
Select “Groww IPO” from the IPO list
Enter PAN number and Application number
Click on Search

Objective of the Groww (Billionbrains Garage Ventures Ltd.) IPO

Groww plans to utilize the net proceeds from the fresh issue for the following purposes. The proceeds from the Offer for Sale (OFS) will be received by the selling shareholders and not by the company :

Use of IPO Proceeds	Amount (₹ Cr)
Investment in technology infrastructure, AI, and data security enhancement	420.75
Expansion of product offerings and development of new financial services	285.60
Marketing, brand promotion, and customer acquisition initiatives	210.40
Strengthening subsidiaries and investing in overseas expansion	163.25
General corporate purposes and working capital requirements	120.00

Groww (Billionbrains Garage Ventures Ltd.) IPO GMP – Day 3 Update

The grey market premium (GMP) of the Groww IPO stands at ₹5 as of November 07, 2025 (Day 3). Considering the upper end of the price band at ₹100 per share, the estimated listing price is around ₹105, reflecting a potential gain of approximately 05.00% per share in the grey market.

Date	GMP	Est. Listing Price	Gain
07-11-2025 (Day 3)	₹5	₹105	05.00%

Groww (Billionbrains Garage Ventures Ltd.) IPO – Key Details

Particulars	Details
IPO Opening Date	November 04, 2025
IPO Closing Date	November 07, 2025
Issue Price Band	₹95 to ₹100 per share
Total Issue Size	66,32,30,051 shares(aggregating up to ₹6,632 Cr)
Listing Platform	BSE, NSE
Registrar	MUFG Intime India Pvt. Ltd.
Groww (Billionbrains Garage Ventures Ltd.) IPO RHP	Groww

Important Dates for Groww (Billionbrains Garage Ventures Ltd.) IPO Allotment

Event	Date
Tentative Allotment	November 10, 2025
Refunds Initiation	November 11, 2025
Credit of Shares to Demat	November 11, 2025
Listing Date	November 12, 2025

Overview Of Groww (Billionbrains Garage Ventures Ltd.)

Groww (Billionbrains Garage Ventures Ltd.) is a technology-driven, digital investment and wealth management platform that enables users to invest in stocks, mutual funds, ETFs, IPOs, and other financial products seamlessly. With a mission to provide “Investing Made Simple” for everyone, Groww integrates advanced technology, AI-driven analytics, and a robust cloud infrastructure to offer an intuitive, secure, and scalable investment experience. India is its largest market, where it serves millions of retail investors through its mobile app and web platform, while also exploring international expansion opportunities. The company leverages data analytics, automation, and personalized insights to provide investors with accessible financial tools and investment guidance. According to industry reports, Groww is one of India’s fastest-growing retail investment platforms by active users and transaction volume in FY2025, making it a key player in the country’s digital wealth management ecosystem.

Frequently Answered Questions (FAQs)

What is the opening and closing date of Groww (Billionbrains Garage Ventures Ltd.)?
Groww IPO is open on 04 November 2025 and will close on 07 November 2025.
What is the price band of the Groww (Billionbrains Garage Ventures Ltd.) IPO?
Its price band is fixed from ₹95 to ₹100 per share.
What is the GMP (Grey Market Premium) of Groww (Billionbrains Garage Ventures Ltd.) IPO today?
The GMP on 07 November 2025 is ₹5, which leads to a possible listing price of ₹105.
What is the total issue size of Groww (Billionbrains Garage Ventures Ltd.) IPO?
The total issue size of the Groww (Billionbrains Garage Ventures Ltd.) IPO is ₹6,632 crore, structured as a combination of fresh issue and Offer for Sale (OFS) by existing shareholders.
What is the expected listing date of Groww (Billionbrains Garage Ventures Ltd.)?
This IPO is expected to be listed on BSE and NSE on 12 November 2025.

November 8, 2025

Category: IPO

ICICI Prudential AMC IPO Day 3 Subscription Status

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ICICI Prudential AMC IPO GMP – Day 3 Update

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ICICI Prudential AMC Overview

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ICICI Prudential AMC IPO,IPO Day 2 Subscription Status

Objective of the ICICI Prudential AMC IPO

ICICI Prudential AMC IPO – Key Details

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Overview Of ICICI Prudential AMC IPO

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What is the opening and closing date of the ICICI Prudential AMC IPO?

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What is the total issue size of the ICICI Prudential AMC IPO?

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What is an IPO?

Understanding the “SME” in SME IPO

What is an SME IPO?

How Does an SME Get Listed?

1. The Merchant Banker

2. The Offer Document

3. Exchange Approval

4. Marketing & Roadshows

5. The Bidding

6. Allotment

7. Stock Market Listing

Advantages of SME IPO

Disadvantages of SME IPO

Conclusion

Frequently Asked Questions (FAQs)

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Meesho,IPO Day 3 Subscription Status

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Meesho IPO – Key Details

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Overview Of Meesho IPO

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Aequs Ltd. IPO Day 3 Subscription Status

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Aequs Ltd. Overview

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