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Groww IPO oversubscribed 17.6x; QIB quota sees 22x bids

Digital investment platform Groww’s IPO saw strong participation, with the issue subscribed 17.6 times overall. However, its grey market premium (GMP) has dropped to Rs 5 per share, about 5% above the issue price, indicating a likely listing price of Rs 105 per share. The IPO was open for subscription between November 4 and 7, […]

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