Billionbrains Garage Ventures, the parent company of investment platform Groww, witnessed a 6.82% decline in its shares to ₹180.33 apiece on NSE in Tuesday’s trading session amid block deal reports following the IPO lock-in expiry.
According to a CNBC TV-18 report, 5.01% equity or 30.91 crore shares worth ₹5,637 crore changed hands at ₹182.3 per share.
The opened at ₹184 apiece today, as compared to the previous close of ₹193.52 on Monday.
Why are Groww shares down today?
CNBC-TV18 had earlier reported that several early investors in Groww, including Peak XV and Y Combinator, are preparing to offload stakes through block deals after the lock-in expiry period.
The base issue size was estimated at around ₹4,750 crore, accounting for roughly 4.3% of the company’s total equity, with scope for an increase depending on investor appetite, as per the report.
The report revealed that existing shareholders, such as Peak XV Partners Investments VI-1, Sequoia Capital Global Growth Fund III—U.S./India Annex Fund, YC Holdings II LLC (Y Combinator), and Ribbit Capital-linked entities are expected to participate as sellers in the deal.
Additionally, the transaction reportedly includes a 90-day lock-up clause, preventing participating investors from carrying out any further stake sales during that timeframe.
Today is the expiry of the stock’s six-month shareholder lock-in period, making nearly 400 crore shares — about 65% of pre-IPO shareholder holdings — eligible for trading.
However, the end of the lock-in period does not automatically imply that all unlocked shares will be sold right away. It only allows eligible shareholders the freedom to trade their holdings.
Groww share price trend
The stock broking platform stock, which made its stock market debut in November 2025, has pulled back from its all-time high of ₹227 hit at the end of April.
has declined 15% in a week and 3.58% in a month. However, the stock has delivered 20% returns on a year-to-date (YTD) basis.
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