India, Nov. 24 -- One of the most-watched startup IPOs finally hit the markets earlier this month when fintech major Groww made a strong listing, going live at INR 114 on the BSE, representing a 14% premium over its issue price of INR 100. On the NSE, the stock opened at INR 112, a 12% gain over the issue price.

What followed was nothing short of spectacular. Groww shares went on a blistering post-listing run, surging over 90% from the IPO price in days. But just as quickly as it rose, the stock cooled off. After a five-session rally that had nearly doubled the stock price, Groww ended the week at INR 157.9.

And hot on the heels of the IPO, the company also declared its first quarterly results since listing. For Q2 FY26, Groww reported ...