Market Performance: A Strong Move in a Steady Market
The stock market today opened on a steady note, but one counter that quietly stole the spotlight was Groww shares. The interest around the stock picked up early as traders tracked its sharp post-listing momentum and the steady demand visible on the National Stock Exchange.
By mid-session, the Groww share price today was already climbing, reflecting the strong sentiment that has built up ever since the company stepped into the public markets.
Main News: Groww Shares Extend Gains, Hit New High
The rally in Groww shares continued for the fourth straight session, keeping the stock firmly in an upward groove. The stock surged more than 10% during intraday trade, hitting a fresh high of ₹164.45.
The volumes told their own story.
By 11:30 AM, nearly 14 crore shares had exchanged hands, with a traded value of ₹2,131.59 crore. The sustained buying pushed the company’s market capitalization to ₹1,00,975.35 crore.
The post-listening run has been swift.
Since debuting on the exchange last Wednesday, the stock has now gained around 46%.
IPO Details
To keep the financial details clean and easy to skim, here are the numbers in pointers:
- Listing price: ₹112 per share
- Issue price: ₹100 per share
- Listing premium: 12%
- First-day close: ₹128.85
- Day-one gain: 28.85%
- IPO subscription: 17.60 times
- Anchor investment raised: ₹2,984 crore.
- IPO price band: ₹95–100 per share
The entire listing journey has been swift, with the demand from anchor investors and public subscribers setting the tone from day one.
Company Details: A Fast-Growing Broking Platform
The company, headquartered in Bengaluru, filed its draft papers with the market regulator through the confidential pre-filing route earlier this year and received approval in August.
Founded in 2016, the platform has quickly scaled its presence in the broking space. By June 2025, it had crossed 12.6 million active clients, holding over 26% market share, firmly positioning itself among the largest stockbroking platforms in the country.
The company has plans to utilise IPO funds for technology development and business expansion an area that has been core to its growth story.
Summary
The momentum in Groww shares continued in today’s session, supported by strong volumes and steady interest since listing. With the Groww share price today touching ₹164.45 and the post-listing gains expanding to 46%, the stock has been one of the standout performers in the market this week.
A mix of strong listing numbers, heavy participation from investors, and the company’s expanding scale has kept sentiment high, making Groww shares news one of the most tracked updates in the broader stock market today.
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