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  1. Groww block deal: Three US investors divest 4.7% stake for ₹5,326 crore; check details

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Groww block deal: Three US investors divest 4.7% stake for ₹5,326 crore; check details

SUMMARY

Groww block deal: A total of 29.52 crore shares, representing a 4.71% equity stake in Groww, changed hands through bulk deals by three investors, according to data available on the National Stock Exchange (NSE).

Stock list

Groww share price, May 12, 2026

The shares were sold in the price range of ₹180.01-₹181.34 apiece. Image: Shutterstock

Groww block deal: Billionbrains Garage Ventures Limited, the parent company of investment platform Groww, was in the spotlight on Tuesday, May 12. Shares of the company ended 5% lower at ₹183.89 apiece on the NSE amid block deal buzz.
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In the evening, data showed that US-based Peak XV Partners, Ribbit Capital, and Y Combinator divested a combined 4.71% stake in Groww on Tuesday for ₹5,326 crore through open market transactions.

A total of 29.52 crore shares, representing a 4.71% equity stake in Groww, changed hands through bulk deals by three investors, according to data available on the National Stock Exchange (NSE).

Startup accelerator Y Combinator, through its arm YC Holdings II LLC, sold over 9.10 crore shares, or 1.45% stake, and Peak XV Partners, through its affiliate Peak XV Partners Investments VI-1, disposed of 6.20 crore shares in Bengaluru-based Groww.

In addition, venture capital firm Ribbit Capital, through its two arms -- Ribbit Capital V LP and Ribbit -- offloaded over 14.21 crore shares in the stockbroking firm, as per the data on the NSE.

The shares were sold in the price range of ₹180.01-₹181.34 apiece, taking the combined transaction value to ₹5,325.77 crore.

Key details

At the end of the March quarter, Y Combinator, through its arms -- YC Holdings II, LLC and YCCG21 LP -- owned an 11.25% stake in Groww, while Peak XV Partners held a 16.88% holding and Ribbit Capital V, via its affiliates, owned a 12.36% shareholding in the company.

Details of the buyers of Billionbrains Garage Ventures' shares could not be ascertained on the exchange.

Groww Q4 results

Digital investment platform Groww's parent Billionbrains Garage Ventures posted a 122.06% increase in its consolidated profit after tax to ₹686.35 crore in the March quarter of the financial year 2025-26.

In the year-ago quarter, the net profit stood at ₹309.08 crore.

Its revenue from operations stood at ₹1,505.36 crore in Q4 FY26, reflecting an increase of 87.93% from ₹801 crore from the same period a year back.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) advanced 141.78% to ₹939 crore in the quarter under review as against ₹388 crore in the year-ago period. The EBITDA margin was at 62.35% vs 48.47% a year back.

In an exchange filing, Groww said that its active users grew 19.9% year-on-year (YoY) and 4.7% QoQ in the latest fourth quarter, as the momentum in new user acquisitions continued from the previous quarter into this quarter as well.

With inputs from PTI
Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

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