Groww promoter group sells 0.23% stake for around Rs 250

Synopsis

Groww's promoter group has sold a stake worth approximately Rs 250-260 crore. This follows significant sales by early investors like Peak XV Partners and Y Combinator. The wealthtech startup, cofounded by Lalit Keshre and others, has seen its share price rise substantially since its IPO.

The promoter group at wealthtech startup Groww has sold around 0.23% stake in the company for approximately Rs 250-260 crore over the last few days, according to estimates based on stock exchange disclosures.

Groww was cofounded by Lalit Keshre, Ishan Bansal, Neeraj Singh and Harsh Jain.

This is one of the largest liquidity events for the founders of the Bengaluru-based startup since it listed last year. The startup has also delivered returns of 52-94 times for early investors such as Peak XV Partners and Y Combinator, after they sold part of their shareholding following the expiry of their IPO lock-in period.

Peak XV (formerly Sequoia Capital India), Ribbit Capital and startup accelerator Y Combinator sold 295.2 million shares, or a 4.7% stake, in the fintech company at Rs 180-181 apiece, taking the combined transaction size to around Rs 5,325 crore, ET reported on May 13.

According to BSE filings, the promoter group’s shareholding at the end of March 2026 stood at 27.38%, down from 27.8% in December 2025.

While stock trading remains its core offering, the company has expanded into credit and wealth management.

Groww shares closed at Rs 186.4 on May 19, giving the company a market capitalisation of Rs 1.16 lakh crore.

The Peak XV Partners-backed company went public on November 12, 2025. At listing, shares were priced at Rs 112 on the NSE, with a market capitalisation of nearly Rs 70,000 crore.