Tech
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Updated on 13 Nov 2025, 08:08 am
Reviewed By
Satyam Jha | Whalesbook News Team
Billionbrains Garage Venture, the parent company of investment platform Groww, is on the verge of reaching a significant milestone, with its market capitalization nearing ₹1 lakh crore, reported at approximately ₹90,863 crore as of Thursday morning. The company's stock has shown impressive post-listing momentum, surging 17.2% on the BSE to ₹153.50. This rally represents a substantial 53.5% return for initial public offering (IPO) investors who bought shares at ₹100, and a 34.6% increase from its listing price.
**Impact**: This news is highly significant for the Indian stock market as it highlights the growth and investor confidence in major fintech players. It can attract more investment into the technology and financial services sectors, potentially boosting related stocks and indices. The strong performance could also influence investor sentiment towards other upcoming IPOs in the digital services space. The market cap milestone reflects the increasing digital adoption and financial inclusion in India. (Rating: 8/10)
**Difficult Terms**: * **Market Capitalization**: The total value of a company's outstanding shares of stock. It's calculated by multiplying the total number of shares by the current market price of one share. * **IPO (Initial Public Offering)**: The process by which a private company becomes a public company by selling its shares to the public for the first time. * **CAGR (Compound Annual Growth Rate)**: A measure of the average annual growth rate of an investment over a specified period longer than one year. * **AUM (Assets Under Management)**: The total market value of all financial assets that a financial institution manages on behalf of its clients. * **Fintech**: A portmanteau of "financial" and "technology," referring to companies that use technology to provide financial services in new and innovative ways. * **Brokerage**: The business of buying and selling stocks, bonds, or other securities on behalf of clients.