Groww Early Investors Sell 4.7% Stake in INR 5,352 Cr Bulk Deal
The bulk deals involved several institutional investors, including Peak XV Partners, YC Holdings and Ribbit Capital.
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Early investors in stock broking platform Groww pared their holdings on Tuesday, selling around 4.7% stake in the company through bulk deals.
According to data from the National Stock Exchange (NSE), nearly 29.52 crore shares were traded at an average price of INR 180.4 per share. The total value of the transactions was estimated at over INR 5,352 crore.
The bulk deals involved several institutional investors, including Peak XV Partners, YC Holdings and Ribbit Capital. The stake sale comes after the expiry of the six-month lock-in period applicable to pre-IPO shareholders, enabling early backers to partially exit their investments.
Among the sellers, Ribbit Capital was one of the prominent participants in the transaction. Despite the stake sale, Peak XV Partners continues to remain one of the largest shareholders in the company.
Founded in 2016 by Lalit Keshre, Harsh Jain, Neeraj Singh and Ishan Bansal, Groww initially began as a mutual fund investment platform before expanding into stock broking and wealth management services.
The company has reported strong financial performance in recent quarters. As per its Q4 FY26 results, Groww recorded total revenue of INR 1,535.5 crore, compared to INR 849.5 crore in the corresponding period last year. It also posted a profit after tax of INR 686 crore for the quarter.
Groww has strengthened its position in India’s retail broking market. NSE data shows the platform had around 1.3 crore active users as of April 2026, accounting for a market share of over 28.48%.
It competes with firms such as Zerodha, Angel One and Upstox.
Early investors in stock broking platform Groww pared their holdings on Tuesday, selling around 4.7% stake in the company through bulk deals.
According to data from the National Stock Exchange (NSE), nearly 29.52 crore shares were traded at an average price of INR 180.4 per share. The total value of the transactions was estimated at over INR 5,352 crore.
The bulk deals involved several institutional investors, including Peak XV Partners, YC Holdings and Ribbit Capital. The stake sale comes after the expiry of the six-month lock-in period applicable to pre-IPO shareholders, enabling early backers to partially exit their investments.
Among the sellers, Ribbit Capital was one of the prominent participants in the transaction. Despite the stake sale, Peak XV Partners continues to remain one of the largest shareholders in the company.
Founded in 2016 by Lalit Keshre, Harsh Jain, Neeraj Singh and Ishan Bansal, Groww initially began as a mutual fund investment platform before expanding into stock broking and wealth management services.
The company has reported strong financial performance in recent quarters. As per its Q4 FY26 results, Groww recorded total revenue of INR 1,535.5 crore, compared to INR 849.5 crore in the corresponding period last year. It also posted a profit after tax of INR 686 crore for the quarter.
Groww has strengthened its position in India’s retail broking market. NSE data shows the platform had around 1.3 crore active users as of April 2026, accounting for a market share of over 28.48%.
It competes with firms such as Zerodha, Angel One and Upstox.
