Groww IPO Day 2: Check GMP trends, subscription status; brokerages recommend ‘Subscribe’

Groww’s IPO enters Day 2 with 57% subscription and strong retail demand, while brokerages including SBI Securities, Religare, and Anand Rathi recommend a ‘Subscribe’ rating. The IPO, trading at a 14.75% grey market premium, reflects strong retail participation and optimism around the fintech’s robust growth and profitability.