Description

NSE notifies the listing of Groww Nifty Metal ETF units on the Capital Market segment effective December 23, 2025, with symbol GROWWMETAL and market lot size of 1 unit.

Summary

National Stock Exchange of India has notified the listing of units issued by Groww Asset Management Limited for Groww Nifty Metal ETF on the Capital Market segment. The units will be available for trading from December 23, 2025, under the symbol GROWWMETAL. A total of 7,863,510 units with face value and paid-up value of Rs. 10/- each have been allotted on December 19, 2025.

Key Points

  • ETF Name: Groww Nifty Metal ETF
  • Symbol: GROWWMETAL
  • ISIN: INF666M01NI0
  • Total Units Issued: 7,863,510 units
  • Face Value: Rs. 10/- per unit
  • Paid Up Value: Rs. 10/- per unit
  • Issue Price: Rs. 10/- per unit
  • Market Lot Size: 1 unit
  • Series: EQ (Equity)
  • Allotment Date: December 19, 2025
  • Trading Start Date: December 23, 2025

Market Makers

Three market makers have been designated for this ETF:

  1. Kanjalochana Finserve Pvt Ltd (TM Code: 90246)
  2. East India Securities (TM Code: 8134)
  3. Irage Broking Services LLP (TM Code: 90068)

Entity Details

Asset Management Company

Groww Asset Management Limited

  • Registered Address: Vaishnavi Tech Park, South Tower, 3rd Floor, Survey No. 16/1 and 17/2, Ambalipura Village, Varthur Hobli, Bellandur, Bangalore - 560103, Karnataka
  • Corporate Address: 505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel, Mumbai – 400013
  • Contact: Mr. Hemal Zaveri
  • Website: www.growwmf.in
  • Email: kavithavn@groww.in
  • Tel: +91 22 69744435

Trustee

Groww Trustee Limited

  • Address: Vaishnavi Tech Park, South Tower, 3rd Floor, Survey No. 16/1 and 17/2, Ambalipura Village, Varthur Hobli, Bellandur, Bangalore - 560103, Karnataka
  • Corporate Address: Same as AMC

Registrar and Transfer Agent

KFin Technologies Limited

Regulatory Framework

This listing is issued in pursuance of:

  • Regulation 3.1.1 of the National Stock Exchange (Capital Market) Trading Regulations Part A - governing admission of securities to dealings
  • Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A - governing lot sizes for securities

Important Dates

  • Circular Issue Date: December 22, 2025
  • Allotment Date: December 19, 2025
  • Effective Trading Date: December 23, 2025

Impact Assessment

This is a standard new ETF listing that expands investment options for market participants interested in the metal sector. The ETF provides investors with a passive investment vehicle tracking the Nifty Metal index. The designation of three market makers ensures adequate liquidity for trading. The market lot size of 1 unit makes it accessible to retail investors. This listing has minimal systemic impact and is relevant primarily to investors seeking exposure to the metals sector through exchange-traded funds.

Impact Justification

Routine ETF listing notification with limited market-wide impact, relevant primarily to investors interested in metal sector ETFs