At close, Groww IPO subscribed 18x – The Times of India
MUMBAI: The Rs 6,632-crore IPO for online financial services platform Groww was subscribed 17.6 times at close on Friday, with institutional investors leading the bidding. However, with the stock market witnessing sharp volatility, the grey market premium (GMP), the mark-up over the upper band of the offer price in the unofficial market for stocks, fell…