Groww platform owner Billionbrains Garage Ventures rebounded on Wednesday, jumping about 6% after a large US investor-led stake sale the previous day. Peak XV Partners, Ribbit Capital and YC Holdings offloaded over 29.5 crore shares worth Rs 5,326 crore via bulk deals at Rs 180.43, roughly 1.5% below the prior close. Traders now watch what comes next for sentiment and liquidity.
Groww’s six-month IPO lock-in expired, and investors sold shares worth ₹5,325.8 crore through multiple open-market transactions. Peak XV Partners, Ribbit Capital and Y Combinator together offloaded 29.52 crore shares at an average ₹180.43, with block deals nearly 1.5% below BSE’s ₹183.1 close. It remains unclear who bought the flood of stock eligible to trade after the unlock.
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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’s early investors have begun selling shares immediately after the IPO lock-in period expired, triggering blockbuster gains for backers including Peak XV, Ribbit Capital, and Y Combinator. A sizable block deal saw millions of shares trade, reflecting how the fintech’s post-listing surge has rewarded first movers as lockups lifted.
Groww’s existing investors, including Sequoia Capital and Ribbit Capital, plan to sell equity worth Rs 4,750 crore via block deals with a floor price of Rs 177 per share. The announcement triggered a steep drop in Groww’s stock as traders weighed the impact of large institutional selling at a discount, raising fresh questions on demand and valuations.
At the Groww India Investor Festival 2026, Navneet Munot, Nilesh Shah and Kalpen Parekh urged investors to ignore unrealistic return promises, avoid emotional trades and resist social media pressure. They highlighted disciplined SIPs, smart asset allocation, patience and behavioural awareness as the path to long-term wealth—while staying optimistic about India’s long-term growth.
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Groww and Angel One have shared a fresh investor pitch that blends equity funding with leverage. The core idea: secure a loan and use it to buy more stock as the firms push growth in brokerage and related financial services. The move signals a sharper capital strategy as competition and regulation intensify, and investors weigh risk against speed.
Lalit Keshre, cofounder and CEO of Groww, has won Entrepreneur of the Year for scaling India’s largest stockbroking platform in under a decade. After a successful IPO, Groww’s market capitalization surged to around Rs 1.36 lakh crore. Now, the firm plans to expand into wealth management with a full-stack platform by addressing gaps in financial services.
New-age tech stocks ended a volatile week with gains for some and steep drops for others, as FIIs kept selling and West Asia tensions pressured sentiment. Groww rallied nearly 10% after a blockbuster Q4, while BlueStone logged its first full profitable fiscal year. Still, the sector’s overall market cap slipped and worst-hit names reflected AI fear and weak outlooks.
Markets saw sharp trading action as Trent tumbled over 8% after underwhelming Q3 updates, cooling sentiment. Groww swung from early gains on a bullish brokerage note to later reversal. Reliance Industries slid on reports tied to Russian oil shipments, though the company denied the linkage. IEX also featured among movers today.
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Groww’s Ishan Bansal says FY25 regulatory changes are forcing a structural reset in derivatives participation. While equity derivatives saw lower participation, he expects growth to come from a smaller yet steadier customer base, rising volatility, and a shifting product mix. Longer-term, expanding industry interest and higher per-user activity—especially among younger investors—could drive volumes again.
Fintech platform Groww has granted 24.32 lakh employee stock options worth about Rs 51 crore, following a standout Q4 FY26. The company reported an 87% jump in revenue and a more than doubling of net profit. With a lean team, Groww is also leaning into AI to speed up product development, signaling ambitious growth plans.
Groww is seeing a spike in trading activity as foreign investor selling and global tensions rattle markets, even while the company reports strong profit and revenue growth. The surge appears to be fueling short-term platform activity, but sustained FII outflows could weigh on new user growth and slower asset inflows over the medium term.
Lalit Keshre, key figure behind Groww’s rapid rise, credits competition for fueling growth and is pushing a full-stack wealth platform. After guiding Groww to a blockbuster IPO in under a decade, he was named Entrepreneur of the Year at The Economic Times Awards for Corporate Excellence 2025, outpacing bank-backed brokerages and established fintech firms.
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