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The air in the trading room, on November 12, 2025, felt… well, electric, you know? Not in a flashy, celebratory way, but more like everyone was holding their breath, waiting to see what would happen with Groww’s IPO.
And what happened was pretty significant. The company, a player in India’s retail investing scene, managed to raise nearly $750 million. The shares opened at ₹112, 12% above the issue price, and closed at ₹128.85. That put Groww’s market cap at roughly $9 billion, or ₹795 billion, as the numbers flashed across the screens.
It’s hard to ignore the broader context here: India’s retail investing boom, still going strong. Groww is just one piece of it, a reflection of how many people are now putting their money into the market. Or so it seems, looking at the data.
I spoke with an analyst earlier in the day, before the closing bell, who said, “This IPO is a clear signal. It shows the confidence in the Indian market, and the growth potential within the retail investor segment.”
The room itself was a study in controlled chaos. Phones ringing, hushed conversations, the steady hum of computers, the room felt tense – and still does, in a way. The details, though? Hard to nail down perfectly, it all happened so quickly. But the final numbers, they tell a story.
The tricky part is figuring out what happens next. The market can be… unpredictable. But for now, Groww’s IPO is a win, a signal. Or maybe I’m misreading it.
