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Groww's parent company soared 60% post-IPO, hitting ₹1.1 lakh crore market cap and making its founder a billionaire.
Shares of Billionbrains Garage Ventures, parent company of Indian brokerage Groww, rose over 60% since its November 12 IPO, reaching a market cap of ₹1.1 lakh crore on November 17, 2025, making it India’s most valuable listed broking firm.
The stock surged 14% on the day, hitting ₹172 on the BSE, fueled by strong investor demand and high trading volumes.
Founder Lalit Keshre became a billionaire as his stake soared to nearly ₹9.96 crore.
Groww, backed by major investors including Microsoft’s Satya Nadella and Tiger Global, now leads India’s digital broking sector with over 12.6 million active clients and a 26% market share.
The rapid rise reflects growing retail investor interest in fintech platforms, though analysts caution about high valuations and regulatory risks.
La compañía matriz de Groww se disparó un 60% después de la salida a bolsa, alcanzando una capitalización de mercado de ₹ 1.1 lakh crore y convirtiendo a su fundador en multimillonario.