Groww share price: Stock declines 3% amid weak market; what shareholders need to know

Last seen, shares were trading at ₹147 apiece, down 3.06%.

Groww's debut and its stock performance for a few sessions after the listing were the talk of the town, as the scrip saw a one-way rally to hit a record high of ₹193.80 on the NSE on November 18, 2025, before cooling off.

What you need to know today

According to news reports, 149.2 million shares, or 2%, of Groww’s parent company are set to unlock on December 10, with an estimated value of ₹2,252 crore. Despite recent volatility, the stock continues to trade well above its IPO price.

Groww's listing and IPO details

Shares of Billionbrains Garage Ventures, the parent company of stockbroking firm Groww, made a strong market debut on November 12, 2025, listing with a premium of 14% against the issue price of ₹100.

The stock began trading at ₹114, up 14% from the issue price on the BSE.

On the NSE, the shares listed at ₹112 apiece, a premium of 12%.

Later, the stock climbed 19.52% each to ₹119.52 and ₹118.92 apiece on the BSE and NSE, respectively.

The initial public offering (IPO) of Billionbrains Garage Ventures received 17.60 times subscription on the final day of the share sale.

Billionbrains Garage Ventures garnered a little over ₹2,984 crore from anchor investors before the launch of the IPO.

The firm had fixed a price band of ₹95-₹100 per share for its IPO, targeting a valuation of over ₹61,700 crore (about $7 billion).

The IPO had a fresh issue of equity shares worth ₹1,060 crore along with an Offer for Sale (OFS) component of 55.72 crore equity shares.

The company, which is backed by marquee investors such as Peak XV, Tiger Capital, and Microsoft CEO Satya Nadella, had planned to use proceeds from the IPO to invest in technology development and business expansion.

"Of the fresh issuance, ₹225 crore will be used for brand building and performance marketing activities, and ₹205 crore will be invested in Groww Creditserv Technology Pvt Ltd (GCS), the NBFC arm, to augment its capital base," it had said.

Groww's recent updates

Last week, the company, in its regulatory filing, said that its online platform, Groww, experienced a temporary technical interruption for a few minutes, wherein clients were not able to access the platform.

"Following our internal review, we have determined that the interruption was caused by a technical glitch in a service provided by our third-party vendor, Cloudflare. We understand that this issue formed part of a global outage that impacted multiple online platforms," it said.

The company added that its online platform has since been fully restored, and all services are operating normally. There was no material impact on business and operations.

Groww Q2 FY26 Results

The company reported a 12% year-on-year (YoY) growth in its consolidated net profit to ₹471.33 crore in the September quarter (Q2 FY26), driven by an expanding user base and strong asset growth.

Headquartered in Bengaluru, the company had posted a net profit of ₹420.16 crore in the July-September quarter of the preceding fiscal year (FY25).

The broking firm's revenue from operations declined to ₹1,018.74 crore in the quarter under review, from ₹1,125.4 crore in the three months ended September 30, 2024, Groww, which released its first quarterly results after listing on stock markets earlier this month, said in a stock exchange filing.

Groww said its total transacting users rose to 19 million, marking a 27% year-on-year increase.

Further, customer assets surged 33% year-on-year to ₹2.7 lakh crore, driven by resilient flows in both mutual funds and equities.