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An INR 6,632 Cr issue, overbought 17.6 times at close, sending the valuation of the company to a staggering INR 61,700 Cr (nearly $7 Bn) – the Groww IPO has been the largest fintech public float this year, beyond doubt.
“The IPO response exceeded all our expectations. It validates years of belief – not just from investors, but from customers who’ve trusted us through multiple market cycles.” Harsh Jain, the co-founder and COO of Groww, told Inc42.
What next? The question stares at Groww as the euphoria settles down and it…
