India, Nov. 18 -- Shares of recently listed Groww soared 11% to INR 193.91 during the intraday trading on the BSE today to touch an all-time high.

At 12:15 IST, the stock was trading 7.70% higher at INR 188.23. The company's market capitalisation stood at INR 1.16 Lakh Cr (about $13.1 Bn)

At the time, shares of Groww were trading over 65% higher from their listing price of INR 114 on the BSE and up over 88% from the issue price of INR 100.

Groww had set a price band of INR 95-100 for its IPO, which comprised a fresh issue of INR 1,060 Cr and an OFS of 55.72 Cr shares. The public issue closed with an oversubscription of 17.6X.

Early backers, including Peak XV Partners, Y Combinator, Ribbit Capital, Tiger Global, True Bridge Capital, Al...