New Delhi: Growws co-founder and CEO Lalit Keshre has secured a place on Indias billionaires list following the companys IPO. Listed on November 12 Growws stock surged more than 70% from its issue price in four trading days and closed at Rs 174 on Monday 17 November 2025. With this surge in the stock Keshres 9.06% stake is now worth Rs 9448 crore equivalent to approximately $1.13 billion. Hailing from a small village in Madhya Pradesh Lalit Keshres journey has become a new inspiration in the startup world. Lalit Keshres journey from village to IIT Bombay Lalit Keshre was born into a farming family in Lepa village Khargone district Madhya Pradesh. His father made a living through farming and Lalit was raised by his grandparents. The village lacked facilities but he attended Khargones only English-medium school. He then cracked the JEE and went to IIT Bombay where he earned a Bachelors and master’s degree in technology. Left Flipkart in 2016 to start Groww Lalit Keshres career began at Flipkart where he was a product manager in the early stages. He then left Flipkart in 2016 to start Groww. This story of 44-year-old Keshre shows that great things can be achieved even from small towns. Groww was founded by four Flipkart veterans Lalit Keshre Harsh Jain Ishan Bansal and Neeraj Singh. Their app has connected millions of people to the stock market. The companys value exceeded Rs 26000 crore after the IPO Growws IPO was listed on the BSE and NSE on November 12. Its issue price was set at Rs 100. Following the listing the companys shares rose 70% above the issue price in just four sessions. They are now trading at Rs 174 per share the best debut among recent IPOs. With this the companys overall market valuation including the founders holdings has reached over Rs 26000 crore. This performance reflects investor confidence in the fintech sector. Groww plans to invest the funds raised from the IPO in technology and expansion. After listing Groww made its founders rich overnight The value of all the founders shares increased after listing. Lalit Keshre holds 559.1 million shares representing a 9.06% stake. At Rs 170 his shares are now worth Rs 9448 crore. Co-founder Harsh Jains 411.6 million shares (6.67%) are now worth Rs 6586 crore. Furthermore Ishan Bansals 277.8 million shares (4.5%) are worth Rs 4444 crore and Neeraj Singhs 383.2 million shares (6.21%) are worth Rs 6132 crore. These figures indicate that Groww has made its founders rich overnight. The company was initially valued at $3 billion in private valuation but the public market strengthened it further.