Description
NSE announces the listing of 251,542 units of Groww Nifty Midcap 150 ETF (Symbol: GROWWMC150) with effect from November 17, 2025.
Summary
The National Stock Exchange of India has announced the listing of units issued by Groww Asset Management Limited for the Groww Nifty Midcap 150 ETF. The ETF will commence trading on the Capital Market segment with effect from November 17, 2025, under the symbol GROWWMC150. A total of 251,542 units with a face value of Rs. 10/- each have been allotted.
Key Points
- Security Symbol: GROWWMC150
- ISIN: INF666M01MV5
- Total Units Listed: 251,542 units
- Face Value: Rs. 10/- per unit
- Issue Price: Rs. 10/- per unit
- Market Lot Size: 1 unit
- Series: EQ (Equity)
- Date of Allotment: November 13, 2025
- Market Makers: East India Securities (TM code: 08134) and Kanjalochana Finserve Private Ltd. (TM code: 90246)
Regulatory Changes
No regulatory changes introduced. This is a standard listing circular issued in pursuance of Regulation 3.1.1 and Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A.
Compliance Requirements
- Trading members must identify the security by its designated code (GROWWMC150)
- Trading must be conducted in the specified market lot size of 1 unit
- Market makers East India Securities and Kanjalochana Finserve Private Ltd. will provide liquidity
Important Dates
- Circular Date: November 14, 2025
- Date of Allotment: November 13, 2025
- Effective Trading Date: November 17, 2025
Impact Assessment
This listing provides investors with access to a new ETF tracking the Nifty Midcap 150 index, expanding investment options in the midcap segment. The impact is limited to ETF investors and market participants interested in passive midcap exposure. The presence of two designated market makers ensures adequate liquidity for trading.
Entity Details
Asset Management Company: Groww Asset Management Limited Vaishnavi Tech Park, South Tower, 3rd Floor Bellandur, Bangalore - 560103, Karnataka Website: www.growwmf.in Email: kavithavn@groww.in
Trustee: Groww Trustee Limited Same address as AMC
Registrar and Transfer Agent: KFin Technologies Limited Selenium, Tower B, Plot 31 & 32 Financial District, Hyderabad - 500032 Toll-free: 1800-309-4034 Website: www.kfintech.com Email: investorsupport.mfs@kfintech.com
Impact Justification
Routine ETF listing with limited market-wide impact, relevant primarily to ETF investors and market makers