Groww share price: A day after listing on Thursday, November 13, Billionbrains Garage Ventures, the parent company of India's leading discount broker Groww, continued to rise as investor interest in the recent stock market debutant remained strong.
Groww share price: A day after listing on Thursday, November 13, Billionbrains Garage Ventures, the parent company of India's leading discount broker Groww, continued to rise as investor interest in the recent stock market debutant remained strong.In early trading today, the price of Groww shares surged about 5% to a new high of ₹137.45 per share on the BSE. In the meantime, the stock peaked at ₹137.44 per share on the National Stock Exchange (NSE).
The stock is currently trading 37% above its initial public offering (IPO) price of ₹100 after seeing 31% listing gains on Wednesday. Groww, supported by investors such as Satya Nadella, the CEO of Microsoft Corp., has a market valuation of more than ₹83,000 crore today.
Groww ends a bad listing spell
Groww has the second-best performance this year among offerings worth $500 million or more, according to a Bloomberg study.
The strong start is particularly noteworthy given the waning listing gains in India's thriving IPO market. Prior to Groww, a number of well-known brands that went public on stock markets, such as Studds, Orkla India, and eyewear shop Lenskart, had a slow start because they were all listed at a discount.
Groww ends a bad listing spell
Groww has the second-best performance this year among offerings worth $500 million or more, according to a Bloomberg study.
The strong start is particularly noteworthy given the waning listing gains in India's thriving IPO market. Prior to Groww, a number of well-known brands that went public on stock markets, such as Studds, Orkla India, and eyewear shop Lenskart, had a slow start because they were all listed at a discount.
A number of companies, including PhysicsWallah and Pine Labs, similarly reduced the amount of their initial public offerings. Groww's strong start, however, shown that investors' desire for profitable businesses is still strong as long as values are reasonable.
With a total subscription of 17.60 times and substantial subscriptions from retail and qualified institutional investors of 9.43x and 22.02x, respectively, Groww's IPO attracted a lot of attention from investors, indicating their strong belief in the company's growth story.
The business is India's top discount broker. In addition to facilitating margin trading and personal loans, the platform enables users to invest in and trade stocks (including initial public offerings), derivatives, bonds, and mutual funds.
With a total subscription of 17.60 times and substantial subscriptions from retail and qualified institutional investors of 9.43x and 22.02x, respectively, Groww's IPO attracted a lot of attention from investors, indicating their strong belief in the company's growth story.
The business is India's top discount broker. In addition to facilitating margin trading and personal loans, the platform enables users to invest in and trade stocks (including initial public offerings), derivatives, bonds, and mutual funds.
From the start of Fiscal 2023 to the three months that concluded on June 30, 2025, the number of active users on Groww's platform grew at a CAGR of 52.74%.
How can I now trade Groww shares?
Although Groww's development prospects are promising, there are still some issues with the broking sector. On the other hand, analysts believe the stock is good in the long run.
According to Nitin Jain, Senior Research Analyst at Bonanza, there is hope for the company's long-term prospects given its strong sales and profit growth and creative digital business model.
How can I now trade Groww shares?
Although Groww's development prospects are promising, there are still some issues with the broking sector. On the other hand, analysts believe the stock is good in the long run.
According to Nitin Jain, Senior Research Analyst at Bonanza, there is hope for the company's long-term prospects given its strong sales and profit growth and creative digital business model.
According to Master Capital Services, the long-term trend of financialization and rising retail participation in the Indian capital markets should indicate a strong backdrop of opportunity, even though the brokerage industry can anticipate some short-term challenges due to recently announced SEBI policy adjustments and regulatory changes.
"With India’s largest and fastest-growing investment platform based on active users, Billionbrains Garage Ventures Ltd (Groww) is well-positioned to take advantage of this momentum with its technology-enabled and customer-centric business model," it stated.
Investors were advised by Shivani Nyati, Head of Wealth at Swastika Investmart, to book a portion of their profits and retain the remainder for medium to long term with a stoploss of 80.
"With India’s largest and fastest-growing investment platform based on active users, Billionbrains Garage Ventures Ltd (Groww) is well-positioned to take advantage of this momentum with its technology-enabled and customer-centric business model," it stated.
Investors were advised by Shivani Nyati, Head of Wealth at Swastika Investmart, to book a portion of their profits and retain the remainder for medium to long term with a stoploss of 80.
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