Groww aims to raise Rs 6,632.3 crore through the mainboard IPO. (Image: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The grey market premium for Billionbrains Garage Ventures Ltd. or Groww's initial public offering climbed 35% on Thursday to indicate a potential listing at Rs 113.5.

The IPO's GMP was Rs 10 for the past couple of days and shot up to Rs 13.5 ahead of its D-street debut between Nov. 4 and Nov. 7. The book-building offer consists of a fresh issue of up to Rs 1,060 crore and an offer for sale of 55.7 crore shares worth up to Rs 5,572 crore.

Notably, the GMP does not represent official data and is purely based on speculation.

Investors can place bids in the price range of Rs 95 and Rs 100, according to a public advertisement. The minimum bid l

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