Groww’s parent company, Billionbrains Garage Ventures, has soared past the ₹1 lakh crore (₹1 trillion) valuation mark on the stock market, following a blistering post-IPO rally. In its fourth trading session, the shares surged further — hitting the upper circuit — taking the valuation to an estimated ₹1.1 lakh crore.

Key Highlights

• Groww’s parent company valuation crossed ₹1 lakh crore amid a strong post-IPO rally.
• Cofounder Lalit Keshre becomes a billionaire as his Groww stake reaches ₹9,960 crore.

This milestone has also made Groww cofounder Lalit Keshre a billionaire, with his stake now worth nearly ₹9,964 crore. Other founding members like Harsh Jain, Neeraj Singh, and Ishan Bansal have also seen substantial increases in their net worth.

For perspective, Groww’s IPO raised ₹6,632.3 crore, consisting of a ₹1,060 crore fresh issue and a large offer-for-sale by existing shareholders.Since listing, the stock has rallied strongly — up by nearly 48% over four days — driven by intense investor enthusiasm.

Also Read: Groww IPO subscribed 17.6x; QIB portion gets 22x bids

Analysts attribute the surge to Groww’s strong brand, rapid user growth, and low customer acquisition costs, all supported by its deep reach across India’s retail investing population. Still, some caution that the valuation might already reflect optimistic near-term growth, especially given regulatory risks and other fintech headwinds.