Groww IPO GMP Rises 15%: Smart Buy or Overhyped Bet?

November 6, 2025—In a display of unbridled investor optimism that has sent ripples through Dalal Street, the grey market premium (GMP) for Groww’s much-hyped IPO has skyrocketed 15% to Rs 160 per share, underscoring a projected 30% debut premium over the upper price band of Rs 535 and catapulting the fintech unicorn’s valuation to an estimated Rs 34,800 crore. The Rs 4,200 crore public offering, one of the most eagerly awaited in the consumer tech arena this year, wrapped up its subscription phase on November 3