Groww’s initial public offering, through which the company plans to raise Rs 6,632 crore, has entered its final day of subscription. At the upper end of the price band, the issue values the investment platform at 33.8 times its FY25 earnings. As per BSE data, the IPO of Groww (Billionbrains Garage Ventures Ltd) has drawn 59.84 crore bids against 36.47 crore shares available. This reflects an overall subscription of 1.64 times at the end of the second day. Retail investors have taken the lead. Shares earmarked for Retail Individual Investors were subscribed 5.02 times, while the portion reserved for Non-Institutional Investors stood at 2.26 times. Qualified Institutional Buyers have taken a more cautious approach, utilising 20% of the shares set aside for them. Market watchers say this

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