India’s stock market got a fresh jolt of excitement as Groww's share price extended its rally a day after its strong debut on the bourses. The parent company, Billionbrains Garage Ventures Ltd, continued to ride high on investor enthusiasm, reflecting a renewed appetite for digital-first financial platforms.
On Thursday, November 13, the Groww stock price surged nearly 5% to hit a new high of ₹137.45 per share on the BSE and ₹137.44 on the NSE — a clear sign that the listing buzz is far from cooling off.
Market Performance: Groww’s Share Price Momentum Builds
After clocking 31% listing gains on debut day, Groww IPO continues to deliver an impressive post-listing rally. With the stock now trading nearly 37% above its IPO price of ₹100, the fintech player has quickly turned into one of the most-watched listings of the year.
This move also lifted the company’s market capitalisation beyond ₹83,000 crore, strengthening its position among India’s most valuable new-age financial firms.
The solid start is particularly noteworthy amid a phase where several big IPOs had seen muted debuts. Groww’s strong performance breaks that trend — underscoring how profitable, scalable tech-driven businesses are still commanding investor trust in India’s evolving equity landscape.
Groww’s IPO Details and Subscription Data
The Groww IPO had already signalled high investor interest well before listing.
Here’s how the subscription numbers stacked up:
- Overall subscription: 17.60x
- Retail Investor portion: 9.43x
- Qualified Institutional Investors (QIBs): 22.02x
This strong response reflects the market’s confidence in Groww’s growth trajectory, business scale, and profitability metrics.
The IPO price was set at ₹100 per share, and the listing gains of over 31% on Day 1 reaffirmed that sentiment carried through into secondary market trading.
Company Overview: India’s Leading Discount Broker
Groww, one of India’s leading investment and trading platforms, has transformed how retail investors participate in the markets. The platform allows users to invest in:
- Stocks and IPOs
- Derivatives
- Bonds
- Mutual funds
It also supports margin trading and personal loans, building a full-stack digital financial ecosystem for retail investors.
The company’s user base has grown rapidly — the number of active users rose at a CAGR of 52.74% from early FY2023 through the quarter ended June 30, 2025. That pace highlights both the scalability of Groww’s platform and India’s accelerating digital investing culture.
Breaking the Listing Drought
The Groww IPO listing stands out not just for its numbers but for what it represents — a comeback moment for India’s IPO market.
While several companies, like consumer goods and retail players, had seen subdued debuts in recent months, Groww’s success rekindled confidence among investors that profitable fintech models can still command strong valuations when priced sensibly.
Its strong listing also positions it as one of the best-performing IPOs above the $500 million mark this year, a category that hadn’t seen much excitement recently.
What the Rally Reflects
The continued rise in Groww share price post-listing isn’t just about hype — it reflects how investors are rewarding companies that have:
- Sustainable revenue visibility
- Scalable digital infrastructure
- A clear pathway to profitability
It also underlines India’s broader shift toward financialisation of savings, where more first-time investors are participating through low-cost, tech-enabled platforms like Groww.
Summary
The Groww IPO has turned out to be one of the standout listings of 2025.
Here’s a quick recap of the key numbers:
- IPO Price: ₹100 per share
- Listing Gains: 31% on debut
- Current Premium: ~37% above IPO price
- Current Price: ₹137.45 (BSE) | ₹137.44 (NSE)
- Market Cap: ₹83,000 crore+
- IPO Subscription: 17.60x overall
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