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Groww Review

4.7
(9,850 reviews)• Est. 2016

9,850+

Active Users

4.7

Rating

High (92%+)

IPO Success

4.8★

App Rating

Overview

Groww is one of India's leading stockbrokers with 9,850+ active users. Known for their Free account opening and Free (Zero on IPOs) brokerage, they are a top choice for IPO investors. Established in 2016, they have built a strong reputation for reliability and user experience.

Key Features

Simple IPO application
UPI integration
All-in-one app
Mutual funds
Stock investing
US stocks
Gold investment

How to Apply for IPO with Groww

1

Open Groww app

2

Go to IPO section

3

Select the IPO

4

Enter bid amount

5

Accept UPI mandate

6

Wait for allotment

Fee Structure

Account OpeningFree
Annual MaintenanceFree
Brokerage (IPO)Zero for equity delivery, IPOs
DP ChargesNo DP charges

Pros

  • User-friendly app
  • Quick account opening
  • Good for beginners
  • No hidden charges

Cons

  • Limited advanced features
  • No desktop platform
  • No trading charts

Account Opening Requirements

PAN Card

Aadhaar Card

Bank Account

Mobile number

Ready to Open Account with Groww?

Start your IPO investing journey today

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