Groww
Groww shares climb 5%, extend rally for third session
Mumbai/IBNS: Shares of Billionbrains Garage Ventures Ltd., the parent company of Groww, surged 5 percent on Friday, extending gains for the third consecutive session, according to media reports.
The stock hit an all-time high of ₹197 during the day’s trade.
The rally came amid heavy market activity, with nearly three crore shares changing hands in the opening hours.
Groww listing
Groww was listed on November 12, 2025 at Rs. 112, a 12% premium over its issue price. During the IPO subscription period from November 4-7, the Rs. 6,632 crore IPO was oversubscribed 17.6 times, reflecting strong investor demand.
The price band for the IPO was set at Rs. 95-100 per share with a lot size of 150 shares. In the grey market, the premium surged from Rs. 5 to Rs. 11 prior to listing.
About Groww
Founded in 2016 by Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh, all former Flipkart employees, Groww is a Bengaluru-based fintech company.
It started as a platform for direct mutual fund investments and has since expanded to equity trading, derivatives, IPOs, ETFs, and U.S. stocks, simplifying investment access for retail investors.
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