Groww enters ₹1 lakh crore market cap club:Shares skyrocket 83% from IPO issue price; founders become billionaire

The stock brokering firm, Groww’s market share has risen to ₹1 lakh crore within just one week of listing of the company’s Initial Public Offer (IPO) shares. Not many companies in India have entered the ₹1 lakh crore market cap club. Here’s a list of companies that are a part of the ₹1 lakh crore MCap club: According to ‘screener’, there are more than 100 companies in India that have an MCap of over ₹1 lakh crore. Groww’s IPO that has rocked the stock market world in recent days. Albeit, the issue wasn’t such a hit on listing, but, post that, the company’s shares have just taken-off and now there is no stopping! Within just one week of listing, the stock brokering firm, Groww’s share prices have shot up 64% from the listing price of ₹112 apiece on the BSE on 12 November 2025. On Tuesday, 18 November, the company’s scrips traded at ₹183.49 per share by 10: 30 am on the BSE. The stock has shot up 64% within just one week post listing and 83% from the IPO issue price of ₹100. There’s is a lot of FOMO among retail investors whether they should invest now or wait for a correction! Groww is already largest discount stock broker in the country. Lovelesh Sharma, CMT CFTe, co-founder, says, MarketFeds Analytics, says, Groww dominates the retail brokerage space with increasing active client share on NSE, and it leverages its platform for wealth management products. Groww’s FY25 corporate results: Sharma adds, GROWW has shown robust financial health with reported revenue of ₹4,061 crore and net profit of ₹1,824 crore in FY25, signifying strong profitability for a fintech company. The investment tech company’s market share is already 26% followed by the likes of Zerodhar, Angel One, Upstox, etc. Lets see which are the top stock brokering firms: Groww’s co-founder and CEO, Lalit Keshre, has joined the list of Indian billionaires following the company’s IPO. With this surge in the stock price, Keshre’s 9.06% stake is now worth ₹9,448 crore, which is approximately $1.13 billion Net worth of Groww’s co-founders swell: