Overview
- Shares listed at ₹100 on November 12 and climbed more than 70% in four sessions, with Monday’s trade up about 15% to ₹171.
- The rally re-rated the fintech’s market capitalisation to above ₹1 lakh crore, marking one of the strongest recent listings.
- CEO Lalit Keshre holds 55.91 crore shares, a 9.06% stake valued around ₹9,448 crore at recent prices, placing his net worth near $1 billion.
- The publicly traded entity is Billionbrains Garage Ventures, which debuted at a premium on both the NSE and BSE.
- Cofounders Harsh Jain, Ishan Bansal and Neeraj Singh also saw large paper gains, with stakes valued at roughly ₹6,956 crore, ₹4,695 crore and ₹6,476 crore.