Is Groww safe? Registration and identity checks
Check the legal entity behind Groww, its published registrations, where your holdings are kept and the official channels you are using. Registration confirms an identity; it does not insure a trade, guarantee returns or establish that a lookalike app is genuine. This page gives no safety verdict.
Facts checked through . Each row links to the broker’s published instructions. Account-specific eligibility and terms can change after this date.
Registration & safety checks: published facts
| Topic | Published terms / instructions |
|---|---|
| Legal entity | Groww Invest Tech Private LimitedOfficial source: Legal entity · Verified |
| SEBI stock-broker registration | INZ000301838Official source: SEBI stock-broker registration · Verified |
| SEBI DP registration | IN-DP-417-2019Official source: SEBI DP registration · Verified |
| Exchanges · member codes | NSE 90187 · BSE 6699 · MCX 57420Official source: Exchanges · member codes · Verified |
| Depositories · DP ID / code | CDSL 88700 · CDSL 88701 · CDSL 88702 · NSDL IN304480Official source: Depositories · DP ID / code · Verified |
| Depository for holdings | Groww holds client securities as a depository participant with CDSL. Holdings sit in your own demat account at the depository, not in a broker wallet.Official source: Depository for holdings · Verified |
| Official app | Groww. Install it from the store listing linked here and check that the publisher matches Groww’s legal entity before logging in.Official source: Official app · Verified |
| Grievance and escalation channel | Groww publishes its complaint and escalation route on the linked page. Raise the complaint there first; if it is not resolved, you can escalate to SEBI SCORES and, where eligible, SMART ODR; see the customer-care page for the conditions.Official source: Grievance and escalation channel · Verified |
Verify the identity and the channel separately
Search the stock-broker registration above in SEBI’s register and compare the legal entity with your account-opening documents. A DP registration identifies depository participation; it is a different identifier from the stock-broker registration. Optional identifiers absent here remain unverified, rather than proof that a service is unavailable.
Open the broker’s own website independently. Follow its app and support links, then cross-check the app against exchange lists linked by SEBI. A genuine registration number can be copied by an impersonator. Do not rely on a social-media message, logo or screenshot to establish identity.
SEBI’s March 2026 announcement describes a Verified label on Google Play for registered stock-broker apps. Check the actual store listing; KYB has not verified a badge for this broker. A label is an identity aid, not a guarantee of returns, uninterrupted service or withdrawal processing.
SEBI sources re-read 2026-10-11. Custody, trading losses and impersonation are separate risks; these facts are not a safety score.
Groww Registration & safety checks FAQ
Groww is operated by Groww Invest Tech Private Limited, which publishes SEBI stock-broker registration INZ000301838. Search that number in SEBI’s stock-broker register and check that the entity name matches your account documents. Registration identifies the intermediary; it does not guarantee returns.
Registration and custody rules reduce some risks but do not remove them. Shares sit in your demat account at the depository, while trading losses, market moves and impersonation are separate risks that no registration covers. KYB gives no safety score or verdict for Groww.
Groww holds client securities as a depository participant with CDSL. Holdings sit in your own demat account at the depository, not in a broker wallet. Its SEBI depository-participant registration is IN-DP-417-2019.
Groww’s official app is Groww. Install it from the store listing linked here and check that the publisher matches Groww’s legal entity before logging in. Cross-check the app against the exchange lists linked from SEBI Investor Support, and never rely on a social-media link or screenshot.
Start with Groww’s own grievance and escalation channel, linked on this page. If the complaint is not resolved, you can escalate to SEBI SCORES and, where eligible, SMART ODR.