Groww shares list at 14% premium over IPO price

Groww, India's largest investment platform, debuted on Dalal Street with a 14% premium, listing at Rs 114 and Rs 112 on BSE and NSE respectively. The Rs 6,632-crore IPO saw strong subscription, particularly from institutional investors. Analysts view Groww as a proxy for India's expanding financialization trend, recommending it as a medium-to-long-term investment opportunity.