brokerage

Groww IPO Day 2: Fully Subscribed (1.47x); Retail 4.65x, GMP 11–15%; Nithin Kamath Says 20% of Applications Came via Zerodha — What Top Brokerages Recommend

Updated: 6 Nov 2025, 4:45 pm IST What happened today (6 Nov) Subscription status: the scoreboard at a glance Snapshot reflects live tallies captured around 3:24 pm IST on Day 2. Final end‑of‑day figures can vary once the exchanges publish consolidated data. Moneycontrol A separate mid‑day cut from global wires also flagged the issue as “fully booked” by late morning today, driven by retail demand. Reuters Price band, lot size, structure, and key dates Who’s going public? The issuer is Billionbrains Garage Ventures Ltd, the parent of Groww, a mobile‑first investing platform spanning equities, F&O, mutual funds, and bonds. Recent

6 November 2025

Rocket Pro’s AI Revolution: How No‑Poaching Pledges and New Tools Could Redefine Mortgage Brokerage

Rocket’s Broker Manifesto: Promises Designed to Win Trust Brokers have long complained that retail lenders offer competitive wholesale pricing only to poach clients or cross‑sell other products later. At RPX 2025, Rocket Pro addressed these fears head‑on. Its Partner Promises include pledges to respect brokers’ client relationships, provide the best pricing and flexible turn times, protect broker data, and build technology that works faster and smarter housingwire.com. Executives emphasised that the company’s retail and wholesale divisions are separated by a “firewall,” assuring brokers that “we will never contact your client without your permission” housingwire.com. The manifesto also commits Rocket to never charging

1 October 2025

Artificial Intelligence · Business Innovation · Financial Technology · Mortgage Industry · NYSE:RKT · Real Estate