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Groww Share Price Today: Groww IPO Lists At 12% Premium, Rises Further; Should You Buy, Sell Or Hold?
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Groww IPO Listing Today, Groww Share Price Today: Shares of Billionbrains Garage Ventures Ltd list at Rs 112 apiece on the NSE, which is 12% premium over the issue price of Rs 100.
Groww IPO Listing Today.
Groww IPO Listing, Groww Share Price Today: Billionbrains Garage Ventures Ltd, the parent company of stock broking firm Groww, made a decent stock market debut on Wednesday, November 12. Its stock was listed at Rs 112 apiece on the NSE, which is a 12% premium over the issue price of Rs 100. The stock further surged to a 20% gain to trade at Rs 120, as of 10:03 am.
On the BSE, the stock was listed at Rs 112.02 apiece.
The initial public offering (IPO) of Billionbrains Garage Ventures Ltd, the parent company of stock broking firm Groww, closed on Friday, November 7, with a decent 17.60x subscription. The IPO garnered bids for 6,41,86,76,400 shares as against the 36,47,76,528 shares on offer. Its retail category has received a 9.43x subscription, while the NII (non-institutional investor) quota has received a 14.20x subscription. The QIB category received a 22.02x subscription.
The IPO was open between November 4 and November 7.
Groww IPO Listing: Should You Buy, Sell Or Hold?
Prashanth Tapse, senior vice-president (research) and research analyst at Mehta Equities, said, “Groww’s listing was slightly more than what we had expected and the implied valuation appears justifiable, backed by rapid customer growth (over 10 crore registered users), strong brand recall in retail investing, rising market share in F&O and mutual fund distribution, and a scalable digital business model with low incremental cost.”
Post listing, we continue to believe Groww represents a strong long-term structural story and can act as a proxy for India’s expanding capital market participation. Investors should therefore treat it as a medium-to-long-term investment opportunity, he added.
“We therefore recommend allotted Investors to HOLD for the long term, given the company’s structural strengths and growth potential, while acknowledging short-term market risks with a target of Rs 125-130 in the medium term. Non-allotted investors can also accumulate Groww and monitor the stock post-listing, and consider adding on any meaningful dip,” Tapse added.
Shivani Nyati, Head of Wealth at Swastika Investmart Ltd, said, “Groww made a good debut on the stock market, listing at approximately Rs 112 (around +12% above its issue price of Rs 100), reflecting healthy investor confidence driven by strong brand recall and rapid user growth in the Indian digital investing ecosystem. Groww is one of India’s fastest-growing investment platforms, offering equity trading, mutual funds, fixed deposits, and US stock investing through a mobile-first platform, supported by a clean UI/UX and transparent pricing. The company’s strengths include low customer acquisition cost, high monthly active users, strong conversion rates from MF to equity investing, and consistent growth in assets under management (AUM).”
Despite strong growth, concerns around high valuation multiples, margin pressures, and regulatory risks in the fintech/brokerage space weighed on cautious investors. The IPO attracted significant institutional participation, driven by expectations of further market share gains from traditional brokers, strong customer additions, and improving operating leverage, she added.
“Investors/traders allotted shares may book part profit and hold the remain for the medium to long term with stoploss of 80,” Nyati said.
November 12, 2025, 10:06 IST
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