On the bourses, Billionbrains Garage Ventures' share price climbed as much as 2.7 per cent to an intraday high of ₹159.75 before paring gains to trade 0.26 per cent lower at ₹155.15 around 11:30 AM.
Companies raised a total of ₹1.74 trillion (₹1,74,379 crore) through 101 mainboard initial public offerings, making the year a landmark for equity fundraising
The brokerage firm has set a price target of ₹180, implying an upside of about 12 per cent from current levels. Shares of Groww are already up 61 per cent over their IPO price
Groww's parent Billionbrains Garage Ventures share price jumped to a three-week high on Friday. The stock price surged as Jefferies started coverage with a 'Buy' rating
Capital market stocks to buy in India: Analysts prefer exchanges and intermediaries over AMCs citing strong operating leverage, rising retail participation, record SIP inflows
According to a YES Securities' report, OFS accounted for nearly 63 per cent of total IPO proceeds in 2025, meaning most of the money raised is going to existing shareholders
Groww is well placed to benefit from India's rising culture of financialisation and retail investing, even as the broader brokerage industry faces near-term regulatory headwinds
Groww's first quarterly results as a listed company show a 12 per cent rise in profit despite a revenue drop, as tighter derivatives rules weigh on volumes
Stock Market Close Highlights, Friday, November 21, 2025: Among the broader markets, the Nifty Midcap 100 and Nifty Smallcap 100 indices closed lower by 1.13 per cent and 1.22 per cent respectively
Shares of Billionbrains Garage Ventures, the parent of online broking platform Groww, soared 17% to ₹153.50 on the BSE in Thursday's intra-day deal amid heavy volumes.
Groww shares had kicked off its trading at ₹114 on the BSE, a 14 per cent premium over the issue price, while the NSE opening price was ₹112, up 12 per cent.