The Indian fintech ecosystem has been buzzing about Groww unlisted share, especially as the company prepares for its highly anticipated IPO in November 2025. For early investors, understanding Groww’s unlisted share price, valuation, and IPO details is crucial. This guide provides the latest information and practical insights for anyone interested in pre-IPO investments.
What Is Groww?
Founded in 2016 in Bengaluru by Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh, Groww started as a platform for direct mutual funds. Over the years, it has evolved into a comprehensive investment and trading platform offering:
- Stock trading on NSE & BSE
- Mutual funds & SIPs
- Exchange-Traded Funds (ETFs)
- Futures & Options (F&O) trading
- IPO investments
- US stock investing
- Digital gold purchases
With over 3 crore+ investors, Groww is one of India’s fastest-growing fintech companies — now valued at nearly $9 billion in private markets.
Understanding Unlisted Shares
Before we explore Groww unlisted share details, let’s clarify what “unlisted” means.
Unlisted shares are equity securities of companies not yet traded on public stock exchanges such as NSE or BSE.
They are usually held by founders, employees, and early investors but can be purchased through secondary markets or pre-IPO platforms.
Key Differences: Listed vs Unlisted Shares
| Feature | Listed Shares | Unlisted Shares |
|---|---|---|
| Trading Venue | NSE/BSE | Off-market/private platforms |
| Liquidity | High | Limited |
| Price Discovery | Market-driven | Negotiated between buyers and sellers |
| Regulation | SEBI governed | SEBI oversight + private contracts |
| Risk | Moderate | Higher |
Investors often buy unlisted shares, like Groww’s, to gain early exposure to high-growth companies before they go public.
Groww Unlisted Share Price as of October 2025
The exact Groww unlisted share price is highly variable due to the unregulated nature of the pre-IPO market. Reported estimates include:
- ₹100–₹143 per share (UnlistedZone, UnlistedHub, Scanx.trade)
- Indicative market valuation: $8.75–$9 billion
You can find updated quotes on trusted pre-IPO trading portals such as:
- UnlistedArena.com
- Stockify.net
- UnlistedZone.com
- Altius Investech
⚠️ Note: These prices are indicative. Actual rates can differ across private platforms. Investors should confirm with SEBI-registered brokers before any transaction.
How to Buy Groww Unlisted Shares
If you’re considering purchasing Groww unlisted share, here’s a step-by-step guide:
Step 1 – Choose a Trusted Dealer
Work only with SEBI-registered intermediaries who specialize in unlisted or pre-IPO shares.
Step 2 – Complete KYC and Link Your Demat Account
Provide your PAN, Aadhaar, and bank details. Shares are delivered directly into your Demat.
Step 3 – Negotiate Price and Quantity
Ask for current quotes and minimum lot size (often 10–20 shares).
Step 4 – Transfer Funds and Get Allotment
Once payment clears, the shares are transferred through an off-market transaction to your Demat ID.
Step 5 – Hold Until IPO Listing
After Groww lists, your unlisted shares automatically convert to listed holdings tradable on NSE/BSE.
⚠️ Caution: Beware of unofficial sellers or Telegram groups promising heavy discounts. Always verify dealer SEBI registration.
⚠️ Tip: Only invest what you can afford to lock in until the IPO. Unlisted shares have limited liquidity.
Groww Valuation & Financial Highlights
| Parameter | Details |
|---|---|
| Current Valuation | ~$9 Billion |
| Total Funding Raised | ~$480 Million |
| Major Investors | Tiger Global, Sequoia Capital, Ribbit Capital, YC Continuity, Iconiq Growth |
| Revenue FY24–25 | ~₹2,300 Crore |
| Estimated Profit FY24–25 | ~₹350 Crore |
| User Base | 30+ Million Active Users |
These figures place Groww among India’s top fintech unicorns, alongside companies like Zerodha and Upstox.
Groww IPO 2025 – Latest Updates
- IPO Size: ₹7,000 crore
- Fresh issue: ₹1,060 crore
- Offer for Sale (OFS): ~₹5,000–6,000 crore
- Expected Listing: November 2025
- Target Valuation: ~$9–10 Billion
- Major Shareholders: Peak XV, YC Holding, Ribbit Capital, Tiger Global
What It Means for Unlisted Shareholders
Investors holding Groww unlisted share will see their holdings converted to listed equity on NSE & BSE once the IPO is complete. If the listing premium follows market expectations, early investors could earn significant gains.
Benefits of Investing in Groww Unlisted Share
- Early Access: Get in before public investors.
- High Growth Potential: Expanding into F&O, US stocks, and wealth management.
- Strong Investor Backing: Reputable venture capital support.
- IPO Upside: Potential for listing gains.
- Fintech Exposure: Diversify into India’s booming investment technology sector.
Risks to Consider
- Low Liquidity: Difficult to sell before IPO.
- Price Volatility: Pre-IPO prices fluctuate and may not reflect fundamentals.
- Regulatory Delays: SEBI approval or market conditions could change the IPO schedule.
- Limited Financial Transparency: Unlisted companies provide minimal public data.
- Market Volatility: Post-IPO performance can vary.
💡 Expert tip: Limit unlisted investments to 5–10% of your portfolio.
Market Sentiment
Analysts are generally positive about Groww’s growth:
- Retail dominance: Easy-to-use platform attracts first-time investors.
- Revenue diversification: Income from stock trading and derivatives is increasing.
- Tech-first approach: Tools like F&O Safeguard enhance investor confidence.
- IPO Anticipation: Strong media coverage and investor hype.
However, some experts caution that pre-IPO valuations are high and the unlisted market is currently facing a correction.
Comparison – Groww vs Other Indian Fintechs
| Company | Valuation (2025) | Listed Status | Focus Area |
|---|---|---|---|
| Groww | $9 B | Unlisted (IPO Nov 2025) | Investments & Trading |
| Zerodha | $10 B | Unlisted | Discount Broking |
| Upstox | $4 B | Unlisted | Stock Trading |
| Paytm | $3.5 B | Listed | Payments & Finance |
Groww stands out for its clean UI, strong revenue growth, and profitable operations — rare among fintech startups.
Expert Tips for Buying Groww Unlisted Shares
- Verify Source: Only buy via SEBI-registered dealers.
- Negotiate Smartly: Prices vary across platforms; compare before paying.
- Check Demat Compatibility: Confirm depository (NSDL/CDSL).
- Avoid FOMO: Evaluate valuation vs growth potential.
- Track IPO News: SEBI approval or date changes can impact prices.
Final Conclusion
The Groww unlisted share represents a rare early-stage investment opportunity in India’s fintech sector. With a robust user base, diversified revenue streams, and strong venture capital backing, Groww is well-positioned for its November 2025 IPO.
Investors must weigh high potential returns against liquidity and valuation risks. Always verify unlisted share prices via SEBI-registered dealers and keep up-to-date with IPO filings.
FAQ's on Groww Unlisted Shares
Q1. What is a Groww unlisted share?
A Groww unlisted share is a pre-IPO equity share of Groww, which is not yet listed on NSE or BSE. Investors buy these shares in secondary markets to get early exposure before the company goes public.
Q2. Is Groww listed or unlisted in 2025?
As of October 2025, Groww remains unlisted. The company plans to launch its IPO in November 2025, after which its shares will be tradable on public stock exchanges.
Q3. How can I check the latest Groww unlisted share price?
You can check Groww unlisted share price via SEBI-registered brokers or verified platforms such as UnlistedZone, Stockify, and UnlistedHub. Prices vary across platforms and are indicative, not guaranteed.
Q4. What is the current valuation of Groww?
Groww’s latest estimated valuation is around $9 billion (October 2025). This valuation is based on funding rounds, investor interest, and pre-IPO market activity.
Q5. Who are the major investors in Groww?
Groww’s primary investors include Tiger Global, Sequoia Capital, Ribbit Capital, YC Continuity, and Iconiq Growth, which adds credibility to its growth trajectory and pre-IPO valuation.
