Early investors in Groww sold around 4.7% stake in the company through bulk deals on Tuesday, with the total transaction value exceeding ₹5,352 crore.
According to data from the National Stock Exchange of India (NSE), nearly 29.52 crore shares changed hands at an average price of ₹180.4 per share.
The transaction involved several institutional investors, including Peak XV Partners, Ribbit Capital, YC Holdings, and other early backers.
Among them, Ribbit Capital emerged as one of the key sellers in the transaction. However, Peak XV continues to remain one of the largest shareholders in Groww even after partially trimming its stake.
The bulk sale came shortly after the expiry of the six-month lock-in period applicable to pre-IPO shareholders.
Founded in 2016 by Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal, Groww initially started as a mutual fund investment platform before expanding into stock broking, wealth management, and financial products.
The Bengaluru-based company has emerged as the largest retail broking platform in India by active users.
According to the company’s Q4 FY26 shareholder letter and financial disclosures, Groww reported ₹1,535.5 crore in total revenue during the March quarter, compared to ₹849.5 crore in the corresponding period last year.
The company also posted a profit after tax (PAT) of ₹686 crore in Q4 FY26.
As per NSE data, Groww had around 1.3 crore active users in April 2026, giving it a market share of over 28.48% in India’s retail broking industry.
Groww competes with major platforms including Zerodha, Angel One, and Upstox.
The large bulk transaction reflects continued investor liquidity activity in India’s fintech sector, especially among mature internet and financial services companies approaching public market scale.