Groww Share Price Live: Master Capital Services says Groww’s solid debut reflects strong investor demand
According to Master Capital Services, Groww made its debut on the stock market today, listing nearly 12% above the upper end of its valuation band of Rs 100, highlighting strong demand from investors.
The initial public offering (IPO) witnessed significant investor interest, recording a total subscription of 17.60 times. Retail investors subscribed 9.43 times, while Qualified Institutional Investors (excluding anchor investors) subscribed 22.02 times, reflecting high confidence in the company’s growth prospects.
Groww is one of India’s leading discount brokers, focused on enabling growth and wealth creation through diversified financial products and services. The platform allows investors to trade and invest in stocks (including IPOs), derivatives, bonds, and mutual funds, and also offers margin trading and personal loan facilities.
