Groww’s Historic Post-IPO Rally Creates Massive Wealth for Shareholders and Founders Alike

Groww’s IPO soared, hitting a ₹1.1 lakh crore market cap within four sessions as shares climbed 78% to ₹178.23 from ₹100. The rally enriched promoters and retail investors, with founders’ stakes now worth over ₹29,000 crore. CEO Lalit Keshre’s holdings topped ₹9,964 crore, making him a billionaire. The listing’s success underscores strong investor faith in India’s digital finance sector.