Shares of Billionbrains Garage Ventures, the parent company of online brokerage platform Groww, rallied nearly 16 per cent on Monday, scaling to fresh highs for the fourth straight trading session since listing.
The surge has pushed Groww’s market capitalisation past the ₹1 lakh crore milestone as of 17 November 2025, placing it comfortably ahead of several long-established brokerage houses.
Outpaces legacy rivals in market value
Despite decades of operating history, many traditional brokerage firms remain well below the ₹1 lakh crore valuation mark. Motilal Oswal Financial Services stands at about ₹59,528 crore, while Anand Rathi Wealth’s market cap is around ₹25,091 crore. Angel One follows closely at ₹24,929 crore, with IIFL Finance at ₹23,266 crore and Edelweiss Financial Services at ₹11,016 crore. The contrast highlights the dramatic shift in investor preference toward digital-first platforms that have scaled rapidly through seamless onboarding, aggressive customer acquisition and expanding retail participation in the equity markets.
Groww’s sharp valuation premium could be attributed to its expanding user base, strong traction in equity and mutual fund flows and the broader re-rating for consumer-focused fintech companies.
At 2.44 pm, the stock traded 14.33 per cent higher at ₹169.67 on the BSE, hitting a fresh high of ₹172.
Since its listing on November 12, 2025, at 12-14 per cent premium against the IPO price of ₹100, the stock has zoomed nearly 54 per cent today.
Published on November 17, 2025
