Mumbai/IBNS, Nov. 19 -- The share prices of Billionbrains Garage Ventures Ltd., the parent company of online investment platform Groww, reported its first decline since listing on Wednesday.

The Fintech star grew by nearly 94 percent from its issue price of Rs. 100 on Tuesday.

On November 12, Groww was listed at Rs. 112 with a premium of 12 percent above the issue price.

The firm had received a sound response during the subscription period from November 4 to 7.

The price band of Groww shares was kept at Rs. 95-100 per share with a lot size of 150 shares.

The IPO of Rs. 6,632 crore had witnessed an overall subscription of Rs. 17.6 times.

Groww is an Indian fintech company, headquartered in Bengaluru, Karnataka.

It was founded in 201...