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  5. Groww shares tumble 7% amid likely ₹5,637 crore block deal, six-month lock-in expiry

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Groww shares tumble 7% amid likely ₹5,637 crore block deal, six-month lock-in expiry

Swati Verma
By Swati Verma

3 min read | Updated on May 12, 2026, 14:57 IST

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SUMMARY

Groww share price: Today is the expiry of the stock's six-month shareholder lock-in period. This unlocks nearly 400 crore shares, around 65% of pre-IPO shareholder holdings, for trading.

Stock list

GROWW
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Groww share price, May 12, 2026

Groww reported an over two-fold growth in PAT to ₹686 crore Q4 FY26. Image: Shutterstock

Groww share price: Shares of Billionbrains Garage Ventures, the parent company of investment platform Groww, tumbled as much as 6.98% to ₹180 apiece on the NSE on Tuesday, May 12, on account of two key developments.
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Firstly, today is the expiry of the stock's six-month shareholder lock-in period. This unlocks nearly 400 crore shares, around 65% of pre-IPO shareholder holdings, for trading.

Of these shares, approximately 7%, as reported by NDTV Profit, is held by promoters and the promoter group.

The lock-in expiry does not necessarily mean all unlocked shares will be sold immediately. It simply means eligible shareholders are now free to trade their holdings.

Secondly, according to a CNBC-TV18 report, nearly 31 crore shares of Groww changed hands in a block deal window on Tuesday, representing around 5.01% of the company’s total equity.

The shares were traded at an average price of ₹182.3 apiece, taking the total transaction value to nearly ₹5,637 crore.

CNBC-TV18 had earlier reported that several existing investors in Groww were likely to pare their stake through a block deal. Investors such as Peak XV, YC Holdings, Ribbit Capital, and Sequoia Capital were expected to participate in the transaction.

The investor group, the report said, was looking to dilute nearly a 4.3% stake in the company, along with an option to upsize the deal depending on demand.

The transaction also carries a 90-day lock-up period restricting any further share sales by participating investors.

Groww Q4 FY26 earnings

Groww reported an over two-fold growth in profit after tax (PAT) to ₹686 crore for the three months ended March 2026 (Q4 FY26).

The company had posted a PAT of ₹309 crore in the same quarter of the preceding fiscal.

Its total income surged 81% year-on-year (YoY) to ₹1,536 crore in the quarter under review from ₹850 crore in the January-March quarter of 2025, Bengaluru-headquartered Groww said in a stock exchange filing.

The firm's total transacting users stood at 2.16 crore at the end of the March quarter, marking a 25% year-on-year (YoY) growth. Its active user base stood at 1.67 crore.

Further, its total customer assets accelerated 36% year-on-year to ₹3 lakh crore.

"Operating leverage played out across all the cost buckets, leading to a PAT margin expanding by 8.3% YoY...and an absolute PAT margin of 44.7% in Q4. As the revenue increases faster than the costs, which are largely fixed in nature, the margins will keep expanding," the company said.

For the full fiscal year FY26, Groww's PAT grew 14% year-on-year to ₹2,083 crore, and total income rose 19% year-on-year to ₹4,816 crore.

Founded in 2016, Groww emerged as the country's largest stockbroker, with over 28% market share.

On November 12, the company made a remarkable debut, closing with a premium of nearly 31% against the issue price of ₹100.

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.

About The Author

Swati Verma
Swati Verma is a business journalist with over 11 years of experience. She writes on equities, corporate earnings, sectoral trends, and industry outlook, among others. At Upstox, she leads financial markets coverage.

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