Groww Share Price Soars 12% On Listing Day: Check How Much Profit IPO Investors Made
Shares of Groww’s parent company, Billionbrains Garage Ventures, made a strong stock market debut on Wednesday, November 12, 2025, listing at a solid premium over its initial public offering (IPO) price.
The much-awaited Groww IPO, which had set a price band of ₹95–₹100 per share, opened at ₹112 on the NSE, marking a 12% premium. On the BSE, it debuted even higher at ₹114, up 14% from the issue price.
Soon after listing, the stock continued to trade actively, rising as much as 8.29% to ₹121.29 at 10:13 a.m. The strong listing performance reflects healthy investor sentiment towards the Bengaluru-based digital investment platform.
For investors who received allotment in the IPO, the listing gains translated into a handsome return. Each lot consisted of 150 shares, meaning investors booked a profit of around ₹16,800 per lot on listing day.
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The ₹6,632.3 crore IPO comprised a fresh issue of ₹1,060 crore and an offer-for-sale (OFS) component of ₹5,572.30 crore, through which several major investors, including Peak XV Partners, YC Holdings II, Sequoia Capital, and Ribbit Capital, offloaded part of their holdings.
According to stock exchange data, the Groww IPO was subscribed 17.6 times, receiving bids for 6.41 billion shares against 364.77 million shares on offer.
The Qualified Institutional Buyers (QIB) segment was the most active, subscribing 22.02 times, followed by Non-Institutional Investors at 14.20 times and Retail Investors at 9.43 times.
Ahead of the IPO, Groww raised ₹2,984.5 crore from anchor investors, including marquee names such as the Government of Singapore, Abu Dhabi Investment Authority, Goldman Sachs, Morgan Stanley, and top Indian mutual funds like HDFC, Axis, Kotak, and SBI.
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The company plans to utilise the proceeds from the fresh issue for several key purposes — ₹152.5 crore for cloud infrastructure, ₹225 crore for brand building and marketing, ₹205 crore to strengthen the capital base of subsidiary GCS, and ₹167.5 crore for GIT’s margin trading business. The remaining funds will go towards inorganic growth and general corporate purposes.
Founded as a user-friendly investment platform, Groww today allows investors to buy and sell stocks, mutual funds, IPOs, derivatives, and bonds through its digital interface.
Its strong brand recall among young investors and robust growth in the retail investment space have positioned it among India’s leading fintech startups.