Abhishek Sinha
New Delhi, November 17, 2025:
Shares of Billionbrains Garage Ventures, the parent company of India’s leading investment platform Groww, continued their stellar post-listing rally for the fourth consecutive session, jumping 11% to ₹165.40 per share on Monday.
The sustained surge has now taken the stock’s four-day cumulative gain to 48%, propelling Groww’s market capitalisation beyond ₹1 lakh crore — a remarkable milestone achieved within just days of listing.
💹 Groww’s Market Cap Now Over ₹1.03 Lakh Crore
According to market data, the company’s total market valuation stood at ₹1,03,802 crore, surpassing the combined market capitalisation of listed peers such as Angel One, Anand Rathi, 5paisa, Nuvama, and JM Financial, which together are valued at around ₹70,000 crore.
This milestone underscores Groww’s rapid rise in India’s financial services sector, driven by its growing retail investor base and dominance in digital broking.
🚀 Stock Trades 66% Above IPO Price
Groww made a blockbuster debut earlier this month, listing at ₹131.3 apiece — a 31% premium over its IPO price of ₹100. With Monday’s rally, the stock now trades at a 66% gain from its issue price, placing it among the best-performing IPOs of 2025.
The ₹6,632 crore IPO, open between November 4 and 7, was subscribed 17.05 times, led primarily by institutional investor demand.
🧭 Analysts Divided on Sustainability of Rally
While investor sentiment remains upbeat, market experts are divided on whether the sharp uptrend can sustain. Some analysts warn of profit booking near record highs, while others believe Groww’s long-term fundamentals and strong customer growth could continue supporting the rally.
Concerns over regulatory scrutiny in options trading and valuation froth remain potential overhangs.
🏦 India’s New-Age Stockbroking Leader
Founded in 2016, Groww has quickly become India’s largest stockbroking platform, serving over 12.6 million active clients and holding a 26% market share as of June 2025.
According to NSE data, the total number of active investors in India reached 47.89 million by June 2025 — nearly a ninefold jump since 2016. Groww has played a key role in this retail investing revolution.
💰 Strong Backing from Global Investors
Groww is backed by several marquee investors, including:
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Satya Nadella
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Y Combinator
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Peak XV Partners (formerly Sequoia Capital India)
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Ribbit Capital
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Tiger Global
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Kauffman Fellows Fund
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Alkeon Capital
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Propel Venture Partners
The company plans to use its IPO proceeds for technology upgradation, marketing, inorganic expansion, and to strengthen its NBFC arm and working capital base.
📊 Key Highlights
| Particulars | Details |
|---|---|
| Current Share Price | ₹165.40 |
| IPO Price | ₹100 |
| Listing Date | November 12, 2025 |
| Total Gain Since Listing | 66% |
| Market Capitalisation | ₹1,03,802 crore |
| Total IPO Size | ₹6,632 crore |
| Subscription Rate | 17.05x |
| Listing Premium | 31% |
🔎 Expert View
Market experts believe Groww’s unprecedented rally reflects investor faith in India’s fast-growing retail participation in equities. However, they caution that valuations have turned expensive and may witness short-term corrections before stabilising.
Disclaimer:
This article is for informational purposes only and not a recommendation to buy or sell securities. Investors should consult financial advisors before making any investment decisions.
