Groww Share Price Highlights: Stock ends at ₹128.85 apiece on NSE, 28.85% premium to IPO price

Groww Share Price Highlights: Groww share price ended listing day at ₹128.85 on NSE, a 28.85% premium to the IPO price of ₹100, and at ₹130.94 on BSE, a 30.94% premium.

Groww Share Price LIVE Updates:

1. Strengthen “Groww” brand and continue to grow market share.
2. Launch more products and services for both affluent and aspirational customers.
3. Continue to invest in its in-house technology stack to deliver a seamless investing experience to its customers.
4. Pursue strategic acquisitions and investments.

Groww Share Price LIVE Updates: Digital-first platforms continue to dominate India’s retail broking landscape. Groww, Zerodha, and Angel One together account for over 57% of NSE demat accounts, with Groww alone commanding an estimated 26.6% market share.

Between July and October 2025, total active demat accounts across the top brokers declined from 4.72 crore to 4.52 crore, indicating a phase of consolidation following rapid expansion during the post-pandemic boom. However, the pace of decline has slowed, suggesting the market may be stabilizing.

Groww Share Price LIVE Updates:

Rank Broker Demat Accounts MoM Change

1. Groww 1.20 crore +1.37 lakh
2. Zerodha 70.2 lakh -62,226
3. Angel Broking 68.5 lakh -34,638
4. Upstox (RKSV) 22.2 lakh -58,801
5. ICICI Securities 19.9 lakh +13,032

Groww Share Price LIVE Updates: Nitin Jain, Sr. Research Analyst at Bonanza said that Groww made its debut on the stock market today, listing nearly 12% above the upper end of itsvaluation band of ₹100, highlighting strong demand from investors. The share made a high of ₹124during intraday. The initial public offering (IPO) witnessed significant investor interest, recording atotal subscription of 17.60 times. Given the company’s robust revenue and profit growth, coupled withits innovative digital business model, there is optimism about its long-term potential.

Groww Share Price LIVE Updates: While the overall number of active demat accounts across the top 25 brokers declined marginally by 0.13% in October, Groww’s consistent growth highlights strong investor trust and confidence in the platform. In contrast, leading discount brokers Zerodha and Angel One saw monthly declines of 62,000 and 34,000 accounts respectively, while Upstox recorded a reduction of nearly 59,000 accounts.

Groww Share Price LIVE Updates: According to Master Capital Services, Groww made its debut on the stock market today, listing almost 12% above the upper valuation band of ₹100, indicating strong demand among investors. The IPO has seen significant interest from investors, with a total subscription of 17.60 times and strong retail and Qualified Institutional Investor (Ex Anchor) subscriptions of 9.43x and 22.02x respectively, which is demonstrative of their high confidence in the business’ growth story. The company is the leading discount broker in India to facilitate growth and wealth creation through diversified financial products and services. The platform allows customers to invest and trade in stocks (with IPOs), derivatives, bonds, and mutual funds, and facilitates margin trading and personal loans.

Groww Share Price LIVE Updates: Harshal Dasani, Business Head, INVasset PMS, said that at one level, this is encouraging: strong brand recall, a substantial retail-investor base and a meaningful turnaround-to-profit in FY25 provide tangible foundations.

On the other hand, the premium is modest — the grey market premium cooled sharply to around ₹4-5, suggesting investors are cautious about the near-term valuation and underlying risk exposure.

Groww Share Price LIVE Updates: Amid a broader slowdown in India’s retail broking industry, wealth platform Groww has emerged as the only major broker to register significant growth, adding 1.38 lakh active demat accounts in October 2025, according to the latest NSE data. Groww’s total active accounts now stand at 1.20 crore, reinforcing its position as India’s largest brokerage by client base.

Groww Share Price LIVE Updates: The company’s strengths include low customer acquisition cost, high monthly active users, strong conversion rates from MF to equity investing, and consistent growth in assets under management (AUM).

Groww Share Price LIVE Updates: Prashanth Tapse believes that Groww’s listing was slightly more than what we had expected and the implied valuation appears justifiable, backed by rapid customer growth (over 10 crore registered users), strong brand recall in retail investing, rising market share in F&O and mutual fund distribution, and a scalable digital business model with low incremental cost.

Groww Share Price LIVE Updates: “In sum: the listing is a solid but unspectacular debut. For long-term investors the story remains positive, provided the company can execute diversification and maintain margin discipline. However for those looking to profit from a sharp listing pop or expecting immediate blockbuster upside, the modest premium signals that the market is expecting more proof before ascribing further upside,” said Harshal Dasani, Business Head, INVasset PMS.

Groww Share Price LIVE Updates: Groww made a good debut on the stock market, listing at approximately ₹112 (around +12% above its issue price of ₹100), reflecting healthy investor confidence driven by strong brand recall and rapid user growth in the Indian digital investing ecosystem. Groww is one of India’s fastest-growing investment platforms, offering equity trading, mutual funds, fixed deposits, and US stock investing through a mobile-first platform, supported by a clean UI/UX and transparent pricing.

Groww Share Price LIVE Updates: Prashanth Tapse, Sr. VP Research – Research Analyst, Mehta Equities Ltd, said that non-allotted investors can also accumulate Groww and monitor the stock post-listing, and consider adding on any meaningful dip.

Groww Share Price LIVE Updates: Prashanth Tapse, Sr. VP Research – Research Analyst, Mehta Equities Ltd, said that post listing, we continue to believe Groww represents a strong long-term structural story and can act as a proxy for India’s expanding capital market participation. Investors should therefore treat it as a medium-to-long-term investment opportunity.

“HOLD for the long term, given the company’s structural strengths and growth potential, while acknowledging short-term market risks with a target of ₹125-130 in medium term,” said Tapse.

Groww Share Price LIVE Updates: Prashanth Tapse, Sr. VP Research – Research Analyst, Mehta Equities Ltd, said that Groww’s IPO was fairly priced in the range of ₹95–100 per share, which is not overly aggressive compared to other Indian brokerage peers’ valuations. This reasonable pricing led to strong investor demand, primarily driven by Qualified Institutional Buyers (QIBs) at 22x subscription and Non-Institutional Investors (NIIs) at 9x, with healthy retail participation relative to other recent offerings.

Groww Share Price LIVE Updates: Groww share price made a bumper debut on the bourses today. On NSE, Groww share price opened at ₹112 per share, 12% higher than the issue price of ₹100. On BSE, Groww share price today opened at ₹114 apiece, up 14% than the issue price.

Groww Share Price LIVE Updates: Groww IPO includes a new issuance of equity shares totaling ₹1,060 crore, along with 55.72 crore equity shares as part of an Offer-for-Sale (OFS) component.

Supported by prominent investors like Peak XV, Tiger Capital, and Microsoft CEO Satya Nadella, the company aims to utilize the IPO proceeds for technology development and expanding its business.

From the fresh issuance, ₹225 crore is designated for brand enhancement and performance marketing efforts, while ₹205 crore will be allocated to Groww Creditserv Technology Pvt Ltd (GCS), the NBFC subsidiary, to strengthen its capital base.

In addition, ₹167.5 crore will be invested in Groww Invest Tech Pvt Ltd (GIT) to support its margin trading services, and ₹152.5 crore has been set aside to improve cloud infrastructure.

The remaining funds will be used to facilitate growth through acquisitions and for general corporate needs.

Groww Share Price LIVE Updates: Shivani Nyati, Head of Wealth at Swastika Investmart said that the issue has witnessed strong investor interest due to the platform’s high brand recall and the broader structural tailwinds in India’s financialisation story, though the valuation appears steep relative to traditional brokerages due to expectations of future high growth.

Nyati explained that while the grey market premium (GMP) indicates optimistic listing sentiment, a large part of the future value creation hinges on Groww’s ability to sustain user growth, improve monetisation, and build profitable scale in a competitive market.

“Investors allotted shares may consider booking partial gains if the listing premium is significant, while medium-term investors can monitor post-listing execution, monetisation improvements, and profitability before committing to fresh positions. Sustained returns will depend on Groww’s ability to expand product offerings and demonstrate earnings visibility at scale,” said Shivani Nyati.

Groww Share Price LIVE Updates: Groww IPO GMP today is ₹5. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Groww share price was indicated at ₹105 apiece, which is 5% higher than the IPO price of ₹100.

According to the grey market activities observed over the past 15 sessions, the existing GMP ( ₹5) indicates a downward trend. The minimum GMP recorded is ₹4, while the maximum GMP reached is ₹16.70, as per expert analysis.

'Grey market premium' indicates investors' readiness to pay more than the issue price.

Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.