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Groww most valued broker on mkt debut
Mint Mumbai
|November 13, 2025
Stock jumps 31% on listing day, market capitalization eclipses older peers
The parent company of Groww became the country’s most valued listed broking firm after its public debut on Wednesday, with its stock galloping 31% from its offer price of ₹100 to close at ₹3131.33 a share at the National Stock Exchange (NSE).
The euphoria came even as market analysts remained divided on the sustainability of the stock’s rise as the market could face resistance around its all-time-high and with regulatory risks hovering on options trading over time.
At ₹79,547 crore market capitalization on Wednesday's closing, the value of Billionbrains Garage Ventures Ltd, which is less than a decade old, eclipsed the combined ₹70,000 crore market value of listed peers Angel One, Anand Rathi Share and Stock Brokers, 5 Paisa, Nuvama and JM Financial, a Mint analysis showed.
Esta historia es de la edición November 13, 2025 de Mint Mumbai.
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