MUMBAI -- Shares of the operator of India's largest stockbroker, Groww, began trading on the country's main bourses on Wednesday, opening 12% above their initial public offering price, as the company joins a host of startups entering a booming IPO market that raised over $5 billion just last month.
IPO
India's Groww rises in IPO as it eyes underserved retail investors
Tiger Global-backed trading app company closes 31% higher than IPO price
Groww runs a trading app popular among younger, first-time investors, serving an underdeveloped market for retail investment. © Getty Images
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