Download the app
← Latest news

Groww Shares Drop 7% as Block Deal Buzz Hits and Post IPO Lock In Ends Today

Economy
Published on 12 May 2026
Groww Shares Drop 7% as Block Deal Buzz Hits and Post IPO Lock In Ends Today

Investors may sell billions as fresh shares hit trading

Groww stock slid as much as 7% to an intraday low of ₹180.15 after reports said early investors could offload shares worth up to ₹4,750 crore via block deals. The move coincides with the expiry of its six-month post-IPO lock-in, freeing nearly 418.2 crore shares to trade. Despite the dip, the company recently posted sharp profit and revenue growth.

  • Groww shares fell up to 7% to ₹180.15 on block deal fears
  • Reports point to potential selling worth up to ₹4,750 crore
  • IPO lock-in expiry freed nearly 418.2 crore shares for trading
  • Recent results show strong PAT growth and widening margins
Read the full story at Inc42

This summarization was done by Beige for a story published on Inc42Inc42

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.