Mumbai, Nov. 12 -- Online investment platform Groww made a strong debut on the stock exchanges on Wednesday, listing at Rs 112 per share, a 12 per cent gain over its issue price of Rs 100.

The listing marks a moderate but positive start for the much-awaited IPO, reflecting healthy investor sentiment toward the fintech sector.

The company's Rs 6,632 crore initial public offering (IPO) had witnessed robust participation across investor categories, being subscribed 17.6 times on its third and final day.

The issue attracted strong demand from qualified institutional buyers (QIBs), whose portion was subscribed 22.02 times, while the non-institutional and retail investor segments saw 14.2 times and 9.4 times subscription, respectively.

Grow...