Hold your breath, stock market fans! Groww’s parent company, Billionbrains Garage Ventures, saw its share price jump up by 3.4% on November 25, zooming to Rs 157.25 on the BSE. This bounce-back came after a scary 4% drop the day before. But guess what? Even with these ups and downs, Groww’s long game looks strong and steady. Since listing on November 12, the shares had a fireworks show—climbing a whopping 94% from the issue price at their peak. Though now about 22% below the all-time high of Rs 194, the stock still shines bright. This huge rise was driven by eager retail investors feeling FOMO – the fear of missing out – rushing in after its amazing debut. Why the hype? Groww rules with its powerful digital platform and super low costs to win customers. The numbers tell the story: a net profit margin close to 47% – that’s more than double what its rival Angel One makes (22.3%). Also, Groww’s return on net worth is a solid 37.57%, knocking Angel One’s 20.85% out of the park. Experts say investors are ready to pay a premium because Groww mixes rapid growth, digital leadership, and strong operating power. But hold your horses – there are clouds in the sky. Valations look high. The stock trades at 34 to 44 times its expected earnings for FY25, higher than competitors like Angel One (20 times) and Anand Rathi (25 times). Another twist is the whisper of possible SEBI regulations tightening the futures and options (F&O) market. Since F&O brings a good chunk of broking revenue, any immediate rules could put pressure on profits. So, caution is in the air. Backing the excitement, the IPO saw crazy demand – 17 times oversubscribed in total. Institutional investors led with 22 times, retail investors went 9 times, and non-institutional buyers chipped in 14 times. In FY25, Groww posted an after-tax profit of Rs 1,824 crore, really flexing its muscles with that 37.57% return on net worth. In the thrilling world of stock market dance, Billionbrains Garage Ventures is performing its own masaledar act – high drama, sizzling profits, and a dash of nervous excitement about what SEBI might do next. Investors are watching closely, waiting to see if Groww will keep dazzling or face a twist in the tale.