The ₹6,632 crore initial public offering (IPO) of Billionbrains Garage Ventures Ltd., the parent company of fintech platform Groww,, continued to see decent investor interest on the third and final day of the bidding process.

The issue has been subscribed nearly 8x as of 2 pm today, receiving cumulative bids for 289.53 crore shares as against 36.48 crore shares on offer.

Retail institutional investors (RIIs) continued to show the most interest in the public issue. Their quota was oversubscribed 7.75x, while the quota set aside for non-institutional investors (NIIs) was subscribed 7.88x.

The quota reserved for qualified institutional buyers (QIBs) was booked 8.03x so far on Day 3.

The reports from the unlisted market are suggesting that shares of Groww are trading at a 6.5% premium to t

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