Description
Groww Asset Management Limited's Groww Nifty Chemicals ETF units admitted to trading on NSE Capital Market segment effective January 16, 2026.
Summary
NSE has approved the listing of units issued by Groww Asset Management Limited for the Groww Nifty Chemicals ETF. The ETF will be available for trading on the Capital Market segment starting January 16, 2026, under the symbol GROWWCHEM. A total of 2,555,553 units were allotted on January 13, 2026, at an issue price of Rs. 28.80 per unit.
Key Points
- ETF Symbol: GROWWCHEM
- ISIN: INF666M01NP5
- Number of Units: 2,555,553
- Face Value: Rs. 10/- per unit
- Issue Price: Rs. 28.80 per unit
- Market Lot: 1 unit
- Date of Allotment: January 13, 2026
- Three market makers appointed: Kanjalochana Finserve Pvt Ltd (TM code 90246), East India Securities (TM code 8134), and Irage Broking Services LLP (TM code 90068)
- Registrar: KFin Technologies Limited
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification pursuant to Regulation 3.1.1 and 2.5.5 of NSE Capital Market Trading Regulations Part A.
Compliance Requirements
- Trading members must use the designated security code (GROWWCHEM) for all transactions
- Trading must be conducted in the specified market lot size of 1 unit
- Market makers listed in the circular are required to provide liquidity for the ETF
Important Dates
- January 13, 2026: Date of allotment
- January 14, 2026: Circular issue date
- January 16, 2026: Effective date for trading commencement
Impact Assessment
This listing provides investors with a new passive investment vehicle to gain exposure to the Nifty Chemicals index. The impact is limited to participants interested in sectoral ETF investments. The presence of three market makers should ensure adequate liquidity. No immediate market-wide or operational impact expected.
Impact Justification
Routine ETF listing with no regulatory changes or market-wide implications. Relevant only to investors interested in chemicals sector ETF exposure.