Groww shares worth over ₹80,000 crore free up for trade today; block deal lined up as well

Shares of Billionbrains Garage Ventures, the parent company of Groww, will remain in focus on Tuesday, May 12, amid reports of a large block deal and the expiry of the company's shareholder lock-in period.

CNBC-TV18 had reported on Monday that several existing investors in Groww are likely to offload stake in the company through a block deal.

Investors including Peak XV, YC Holdings, Ribbit Capital and Sequoia Capital are expected to participate in the transaction, with the group looking to dilute nearly 4.3% equity in the company, along with an upsize option.

The base size of the proposed block deal is estimated at nearly $498 million, or around ₹4,750 crore.

The floor price for the transaction is said to be fixed at ₹177 per share, implying an 8.5% discount to Monday's closing price.

The deal also includes a 90-day lock-up period on further share sales.

Groww lock-in ends today

The development comes as Groww's shareholder lock-in period expires today. According to Nuvama Alternative & Quantitative Research, shares worth nearly ₹418.19 crore, representing around 68% of the company's outstanding equity, will become eligible for trading.

Based on the closing price of Monday, the value of the shares that will free up for trade is worth ₹81,338 crore.

However, the expiry of the lock-in period does not necessarily mean all eligible shares will be sold in the open market. It only allows shareholders the option to trade those shares.

Groww shares ended Monday's session 4.93% lower at ₹194.50. The stock has gained more than 25% so far in 2026.