New Delhi, Nov. 12 -- Groww shares made a strong debut on Dalal Street on Wednesday, November 12, exceeding grey market expectations and soothing investor nerves over the recent IPO frenzy following the poor listings of Lenskart Solutions, Studds, and Orkla India.

Shares of Billionbrains Garage Ventures, parent of India's leading discount broking firm Groww, opened at Rs.114 on the BSE, a premium of Rs.14 or 14 per cent over the initial public offering (IPO) price of Rs.100. On the NSE, Groww's share price got listed at Rs.112, a premium of 12 per cent.

Earlier today, the grey market premium (GMP) for the Groww IPO was Rs.3 per share, indicating the listing price of the stock at Rs.103.

The listing is done, and the stock is trading wit...