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Updated on 13 Nov 2025, 05:56 am
Reviewed By
Abhay Singh | Whalesbook News Team
Billionbrains Garage Ventures Ltd., the entity behind the popular Indian trading platform Groww, has witnessed a remarkable performance on the stock market since its debut. On its listing day, the shares opened 12% above the issue price of ₹100 and concluded the session with an impressive 30% gain. The upward trend continued on Thursday, with another 15% surge, pushing the total appreciation to 46% from the initial offering price. This rapid growth has propelled Groww's market capitalization to approximately ₹90,000 crore. The trading volume on the listing day was substantial, with over 52.4 crore shares traded, valued at over ₹6,400 crore. Furthermore, the company's Initial Public Offering (IPO) was highly sought after, being subscribed 17.6 times, indicating strong investor demand across all categories. This stellar listing has also significantly boosted the wealth of Groww's founders, reportedly by $500 million.
Impact This news has a positive impact on the Indian stock market by generating interest in fintech and technology stocks, potentially boosting investor confidence in the sector. It highlights strong IPO performance and market demand, which could encourage future listings. The surge also signifies growing investor appetite for well-performing digital financial platforms. Rating: 7/10.
Difficult Terms IPO (Initial Public Offering): The process by which a private company offers its shares to the public for the first time. Listing: The official admission of a company's securities to trading on a stock exchange. Premium: When a stock's opening price on its first day of trading is higher than its IPO issue price. Market Capitalization: The total market value of a company's outstanding shares of stock, calculated by multiplying the total number of shares by the current market price of one share. Subscribed: Refers to an IPO where the number of shares applied for by investors exceeds the number of shares actually offered by the company.