Groww shares fall 4% as one-month lock-in period ends: Here's how newly-listed stock performed since listing

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26 Aug, 2025 12:21

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The shares of Billionbrains Garage Ventures, the parent company of leading stock broking platform Groww, dropped more than 4 percent in the morning trading hours of December 10 after the one-month shareholder lock-in period came to an end.

The shares fell to Rs 143.29 apiece on Wednesday, extending losses for the second consecutive session.

Groww's one-month lock-in period expires:

Around 14.92 crore shares, or approximately 2 percent of the company's outstanding equity, have become eligible for trading after the expiry of the lock-in period, CNBC-TV18 quoted Nuvama Alternative and Quantitative Research as saying. The said number of shares will be cumulatively worth around Rs 2,230 crore based on the stock’s previous closing price of Rs 149.45 per share.

However, this does not imply that all these shares will be offloaded in the market immediately. The expiry of the lock-in period simply means that these shares can now be traded.

How have Groww shares performed since listing?

The shares of the company made a decent debut on stock markets on November 12, listing with a premium of 12 percent over the IPO price at Rs 112 apiece on NSE. The stock then surged around 94 percent from its IPO price in just five sessions to hit a high of Rs 193.80 apiece on November 18.

The stock has fallen more than 26 percent since then. However, it is still up more than 43 percent from its IPO price of Rs 100, and around 28 percent from its listing price of Rs 112 on NSE. Its market capitalization currently stands at over Rs  88,460 crore.

Groww Q2 Results:

Groww on November 21 reported a consolidated net profit of Rs 471.4 crore for the second quarter of the ongoing financial year 2026. This marks a 12 percent year-on-year increase from the Rs 420.16 crore net profit reported in the corresponding quarter of FY25.

The broker’s revenue from operations meanwhile declined 9.5 percent YoY to Rs 1,018.7 crore in Q2 FY26, from Rs 1,125.39 crore in Q2 FY25.

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