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Groww
has marked a blockbuster D-Street debut. After listing at a premium of 14%, the stock rallied throughout the day and closed its first trading session with a market capitalisation of INR 80,837.07 Cr (about $9.1 Bn). So, how did the markets react to Groww’s IPO?
Investors’ Verdict: After a 17.6X oversubscription for its public issue, the stock debuted on the bourses 14% above its INR 100 issue price. By the closing bell, its shares rocketed to INR 130.94, locking in…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Groww has marked a blockbuster D-Street debut. After listing at a premium of 14%, the stock rallied throughout the day and closed its first trading session with a market capitalisation of INR 80,837.07 Cr (about $9.1 Bn). So, how did the markets react to Groww’s IPO?
Investors’ Verdict: After a 17.6X oversubscription for its public issue, the stock debuted on the bourses 14% above its INR 100 issue price. By the closing bell, its shares rocketed to INR 130.94, locking in…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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