The Groww IPO allotment status is likely to be finalized today, giving clarity to investors who applied for shares in this high-demand public offering. Here’s how to check your allotment status and what to do next.
Groww IPO Highlights
- IPO Dates: Opened on [insert date], closed on [insert date]
- Price Band: ₹[X] to ₹[Y] per share
- Lot Size: [Z] shares
- Oversubscription: [X] times (retail/institutional)
Given the oversubscription, allotment may be pro-rata, meaning not all applicants will receive shares.
How to Check Groww IPO Allotment Status (3 Methods)
1. Registrar’s Website (Link Intime/KFin Tech)
- Visit Link Intime or KFin Tech.
- Go to IPO Allotment Status.
- Select Groww IPO and enter your PAN, application number, or DP ID.
- Submit to view your status.
2. BSE Website
- Visit BSE IPO Status.
- Choose Equity → Groww IPO.
- Enter application number and PAN.
- Click Search for results.
3. Groww App/Website
- Log in to your Groww account.
- Navigate to My Investments → IPO Section.
- Check for allotment updates.
If You Don’t Get Allotted
- Refund: ASBA funds will be unblocked; non-ASBA refunds processed in [X] days.
- Listing Day Option: Buy shares when Groww lists on [BSE/NSE] on [date], but watch for volatility.
Next Steps for Allottees
- Demat Credit: Shares will reflect by [date].
- Listing Date: Expected on [date]—track performance.
- Hold or Sell? Assess market trends before deciding.
Why Groww IPO Matters
Groww’s IPO marks a major milestone in India’s fintech space, with over [X] million users shifting from mutual funds to stocks and ETFs.
Key Takeaways
- Check allotment via registrar, BSE, or Groww app.
- Refunds processed automatically if not allotted.
- Stay updated on listing trends before trading.
Disclaimer: IPO investments carry risks. Consult a financial advisor before investing.
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