Groww Share Price Highlights: Stock Closes at ₹128.85 on NSE, Up 28.85% From IPO Price
Groww shares made a strong stock market debut, closing at ₹128.85 on NSE — nearly 29% above the IPO price. The ₹6,632 crore IPO saw robust investor interest and signals strong momentum for digital-first financial firms.
Groww share price jumps 28.85% on debut, ends at ₹128.85 apiece on NSE.
Online investment platform Groww made a stellar debut on the Indian stock exchanges today, November 12, 2025. The company’s shares opened 12% higher on the NSE at ₹112 per share against the IPO price of ₹100 and 14% higher on the BSE at ₹114 apiece.
By the end of the trading session, Groww stock closed at ₹128.85 on the NSE, marking a 28.85% premium over its issue price. On the BSE, it settled at ₹130.94, a 30.94% premium to the IPO price.
💹 Groww IPO Details
Groww’s parent company, Billionbrains Garage Ventures, raised ₹6,632 crore through its much-awaited public offering. The IPO, open from November 4 to November 7, witnessed strong investor participation, being subscribed 17.6 times, according to BSE data.
The IPO price band was fixed at ₹95–₹100 per share, and the allotment status was finalized on November 10.
The Groww IPO grey market premium (GMP) stood at ₹5 on listing day, suggesting an estimated opening around ₹105 per share — though the actual listing exceeded market expectations.
📈 Market Performance & Investor Sentiment
Groww’s strong debut underscores investor confidence in India’s digital-first financial platforms. Experts had predicted modest listing gains, but the stock’s 28.85% surge indicates robust demand and optimism for long-term growth.
Founded in 2016, Groww has grown into India’s largest stockbroker, boasting 12.6 million active clients and a 26% market share in the retail broking sector as of June 2025.
The stock was listed as part of the Special Pre-Open Session (SPOS) at 10:00 AM IST on both NSE and BSE.
🚀 Company Strategy and Growth Plans
Post-listing, Groww aims to:
- Strengthen its brand presence and expand market share.
- Introduce new investment products and services for both affluent and emerging customers.
- Continue investing in its in-house technology stack to enhance user experience.
- Explore strategic acquisitions and partnerships to drive growth.
🏦 Broader Market Context
Digital investment platforms including Groww, Zerodha, and Angel One have taken over more than 57% of the demat accounts of the NSE. Even though the sum of active demat accounts saw a minor decline from July to October 2025 (4.72 crore to 4.52 crore), the slowdown in the decline is a signal of possible market stabilization after years of rapid growth.
