Groww IPO Listing, Nov. 12 -- The initial public offering (IPO) of Billionbrains Garage Ventures, the parent company of stockbroking platform Groww, is set to debut on the stock exchanges tomorrow, November 12, following the completion of the allotment process.
The Rs.6,632 crore IPO, which was open for subscription from November 4 to November 7, received a healthy response from investors, being subscribed over 17.05 times, driven largely by strong demand from institutional investors.
Ahead of the listing, investor focus has shifted to the stock's potential debut performance. Grey market indicators suggest that the listing could be slightly higher than the issue price.
According to market sources, the grey market premium (GMP) for the ...
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