Mumbai/IBNS, Nov. 12 -- Groww's parent company Billionbrains Garage Ventures Ltd on Wednesday made a strong debut in the stock market with strong gains in Dalal Street, media reports said.

On NSE, it has been listed at Rs. 112 with a premium of 12 percent above the issue price.

The firm had received a sound response during the subscription period from November 4 to 7.

The price band of Groww shares was kept at Rs. 95-100 per share with a lot size of 150 shares.

The IPO of Rs. 6,632 crore had witnessed an overall subscription of Rs. 17.6 times.

Groww is an Indian fintech company, headquartered in Bengaluru, Karnataka.

It was founded in 2016 by Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj Singh - all former employees of Flipkart....