Groww share price, Nov. 15 -- In just three days of listing, Billionbrains Garage Ventures- parent company of discount broking platform Groww - has offered stellar returns for its initial public offering (IPO) investors, creating a sense of loss among those who missed out on the allotment.

Groww IPO shares listed at a 14% premium on the bourses on Wednesday, November 13. Later, it jumped 30.94% to close at Rs.130.94 apiece against its IPO price of Rs.100. Since then, the stock has risen to a high of Rs.153.50, offering over 50% gains. On Friday, Groww's share price settled at Rs.148.41, a premium of 48%.

While Groww's business fundamentals remain strong, analysts believe the sharp rise has made valuations steeper, leaving little room fo...