Here's why Tuesday's session is an important one for shareholders of Groww

For the March quarter, Groww's revenue increased by 24% from the previous quarter while its net profit increased by 25% on a sequential basis.

By Shloka Badkar

Shares of Billionbrains Garage Ventures Ltd., the parent company of Groww, declined over 2% on Monday, May 11, a day ahead of its shareholder lock-in period ending.

The Key News Trigger

As many as ₹418.19 crore shares of Groww, or 68% of its outstanding equity, will free up for trade on Tuesday, May 12, according to Nuvama Alternative & Quantitative Research.

Based on the closing price of Friday, the value of the shares that will free up for trade is worth ₹85,557 crore.

It is important to note that just because the shareholder lock-in period ends, it does not mean the all the shares will trade on the open market. It just means that they become eligible for trade.

Groww In Q4

For the March quarter, Groww's revenue increased by 24% from the previous quarter while its net profit increased by 25% on a sequential basis.

Both Fisdom and Groww MF are likely to break even by financial year 2028, according to the management. The management in its earnings call also said that the ARPU is back to pre-November 2024 levels.

Groww Shares Post Listing

Groww shares hit a new post-listing high of ₹227.2 apiece last month. The stock listed on the exchanges on November 12, 2025 at a premium of 14% over its IPO price of ₹100 apiece.

The ₹6,632 crore IPO received a robust response, with overall subscriptions at 17.6x.

Institutional investors, for whom majority of the IPO was reserved (75%), subscribed to the issue 22 times, while the non-institutional portion witnessed subscription of 14.2 times the total number of shares on offer. Retail investors, whom just 10% of the issue was reserved, saw bids that were 9.4 times the total shares on offer.

Prior to the issue opening, Groww had allotted 29.84 crore shares to over 100 anchor investors at ₹100 apiece, raising ₹2,984 crore. The IPO comprised a fresh issue of equity with an offer for sale (OFS) by existing shareholders.

Groww shares declined 4% to hit an intraday low of ₹196.4 apiece on Monday. However, it later recovered and was trading 2.3% lower at ₹199.99 apiece at 12 pm. The stock has risen 28.9% this year, so far.