Groww Shares Jump 6%, Extend Sharp Post-Listing Rally to 65% in Five Sessions

Groww continued its strong post-listing performance on Tuesday, with shares of Billionbrains Garage Ventures, the parent company of the stockbroking platform, rising 6 percent in early trade. The stock has now posted five consecutive sessions of gains, extending its sharp rally since debuting on the National Stock Exchange last Wednesday.

At today’s level, Groww is trading 85% above its IPO price and nearly 65% above its listing price, reflecting sustained investor enthusiasm from day one.

Stock Climbs to ₹185, Market Cap Touches ₹1.15 Lakh Crore

At around 9:45 am, Groww shares were trading at ₹185, up from Monday’s close of ₹174.45. At this price, the company’s valuation stood at about ₹1.15 lakh crore.

The strong momentum follows Monday’s session, where the stock hit a 20 percent upper circuit intraday before ending at ₹174.45. Since its listing at ₹112 per share, Groww has gained sharply, outperforming its already robust debut.

This sustained rally highlights the aggressive buying interest that the stock has attracted immediately after listing.

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Up 85% Over IPO Price, 65% Above Listing Price

The company’s IPO was priced in a band of ₹95–100 per share, and investors have seen rapid appreciation since. At today’s price of ₹185:

• Groww is 85% higher than its IPO issue price of ₹100.

• It is also 65% above its listing price of ₹112 on the NSE.

The stock’s performance over the first five trading sessions signals strong market traction and sustained institutional and retail interest.

IPO Saw Heavy Oversubscription at 17.6 Times

Groww’s public issue witnessed strong demand, recording an overall subscription of 17.6 times. Ahead of the IPO opening, the company raised over ₹2,984 crore from anchor investors on November 3, reinforcing confidence in its growth potential.

The IPO was priced in the range of ₹95–100 per share, which has now delivered exceptional early returns for investors.

Backed by Global Investors; Filed Through Pre-Filing Route

Billionbrains Garage Ventures, the holding company behind Groww, is backed by Peak XV, Tiger Capital, and Satya Nadella, the CEO of Microsoft.

The company filed its draft papers with Sebi via the confidential pre-filing route in May, and received approval in August, paving the way for its public listing.

Strong backing from marquee investors contributed to the confidence surrounding the company’s debut on the stock exchanges.

India’s Largest Stockbroker With 12.6 Million Clients

Groww, founded in 2016, has scaled rapidly to become India’s largest stockbroker, with over 12.6 million active clients as of June 2025. Its market share stood at more than 26 percent, reflecting its strong position among retail investors.

The company plans to use the proceeds from the IPO for technology development and business expansion, signalling continued investments in digital capabilities and platform growth.

Momentum Continues as Market Watches Next Steps

With a strong debut and five consecutive sessions of gains, Groww has quickly turned into one of the most-watched newly listed stocks on Dalal Street. The combination of heavy IPO demand, a strong anchor book, sharp listing gains, and continued buying interest has driven its upward trajectory.

Whether this momentum sustains will depend on how the company delivers on its expansion and technology investment plans in the coming quarters.

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