Groww IPO listing, Nov. 12 -- Shares of Billionbrains Garage Ventures, parent of India's leading discount broking firm Groww, marked a strong debut on Dalal Street and broke the spell of poor listings seen in the case of Lenskart Solutions, Studds and Orkla India.

Groww shares began trading at Rs.114 on the BSE, a premium of Rs.14 or 14% over the initial public offering (IPO) price of Rs.100. Meanwhile, on NSE, Groww share price got listed at Rs.112, a premium of 12%.

The listing of Groww surprised market watchers, defying projections indicated by the latest grey market premium (GMP). Earlier today, Grow IPO GMP stood at Rs.5, suggesting a modest 5% listing gain over the issue price of Rs.100 per share.

Groww IPO had received a strong ...