Groww Slides 7% Amid Block Deal Buzz, Lock-In Expiry
Posted On | From Shrishti Bisht

Update | May 12, 2026, 12:10 IST
Shares of Groww ended today’s trading session 5.4% lower at ₹183.1 apiece on the BSE. Its market capitalisation stood at ₹1.14 Lakh Cr (about $12 Bn) at end of the day.
Original Story | May 12, 2026, 16:34 IST
Shares of Groww tumbled as much as 7% to hit an intraday low of ₹180.15 today amid weak investor sentiment following reports of a large block deal by early investors and the expiry of the company’s six-month post-IPO shareholder lock-in period.
The stock later pared some losses and was trading 3.98% lower at ₹186 at 12:00 IST. Its market capitalisation stood at ₹1.16 Lakh Cr (about $12.1 Bn) at the time.
The decline came after reports said that some of Groww’s existing investors were looking to offload shares worth up to ₹4,750 Cr through block deals.
According to reports, investors such as Peak XV Partners, Sequoia Capital, Y Combinator and Ribbit Capital are looking to sell up to 26.84 Cr shares, or around 4.3% stake in the company, through block deals.
Peak XV is Groww’s largest shareholder with a 16.88% stake, followed by YC Holdings with 10.08% and Ribbit Capital with 6.9%.
The transactions came alongside the expiry of Groww’s six-month post-IPO lock-in period, which made nearly 418.2 Cr shares eligible for trading starting today.
The stock got listed at a 14% premium to its IPO price of ₹100 in November last year. The company’s market capitalisation has nearly doubled to around ₹1.25 Lakh Cr from its IPO valuation of about ₹62,000 Cr.
The decline in Groww’s share price today came amid continued selling in the broader market. While BSE Sensex fell 1.1% to hit an intraday low of 75,121, Nifty 50 declined 1% to a low of 23,577.
On the financial front, Groww reported a 122% jump in consolidated profit after tax (PAT) to ₹686.4 Cr in Q4 FY26 from ₹309.1 Cr a year ago and ₹546.9 Cr in the previous quarter.
Operating revenue rose 88% YoY and 24% sequentially to ₹1,505.4 Cr, taking total income to ₹1,535.5 Cr.
EBITDA surged 142% YoY and 30% QoQ to ₹938.7 Cr, while PAT margin expanded by 8.3 percentage points YoY to 45%, supported by operating leverage as revenue growth outpaced largely fixed costs.
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