Should you invest in Groww IPO?

Synopsis

The buzz around the Lenskart IPO and Groww’s upcoming listing highlight India’s deepening retail investor culture. Founded in 2016, Groww has ridden multiple tailwinds — from digitisation to rising stock market participation — to become India’s largest online broker. Profitable for five years, its INR6,632 crore IPO values it near INR70,000 crore. Yet, with slowing user growth, sustaining momentum will test whether Groww’s rise can match India’s financialisation story.

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