Why did Groww shares fall 4% today?

Synopsis: Shares of Billionbrains Garage Ventures, Groww’s parent, fell 4% ahead of the one-month lock-in expiry on December 10, as 14.92 crore shares become eligible for trading once the lock-in expires tomorrow, raising short-term selling pressure.

This company is a  Bengaluru-based fintech company that provides retail investors direct-to-customer digital investment platform, providing multiple financial products and services is now in the spotlight after its one-month shareholder lock-in is ending tomorrow.

With market capitalization of Rs. 91,184 cr, the shares of Billionbrains Garage Ventures Ltd are currently trading at Rs. 150.50 per share, dropping 4% in today’s market session making a low of Rs. 144.20, from its previous close of Rs. 151.95 per share. The stock was listed on November 12, 2025, at Rs. 112 on the NSE and Rs. 114 on the BSE, a premium over its issue price of Rs. 100 per share.

Reason why the shares fall

Shares of Billionbrains Garage Ventures, the parent company of Groww, fell up to 4% amid higher volumes of nearly 3 crore shares. Despite the drop, the stock remains up 50% from its Rs. 100 IPO issue price.

According to Nuvama Alternative and Quantitative Research, the decline occurred ahead of the one-month shareholder lock-in expiry on December 10, unlocking about 14.92 crore shares, or 2% of equity, for potential trading. This event raises concerns over possible profit-booking by early investors, though it does not guarantee immediate sales, contributing to pre-emptive selling pressure.​

Experts note Groww’s robust growth in users and assets under management but highlight stretched valuations based on FY28 earnings projections. Long-term optimism persists due to its digital brokerage scale, yet near-term volatility is expected post-lock-in.

About the company 

Billionbrains Garage Ventures Ltd is a Bengaluru-based fintech company, best known as the parent of the popular investment platform Groww. Founded in 2017 (incorporated in January 2018), the firm offers a direct-to-customer digital platform allowing users to invest and trade across multiple financial products, including stocks, mutual funds, ETFs, IPOs, derivatives, bonds, digital gold, and even U.S. stocks. It also provides value-added services like margin trading and personal loans, leveraging its in-house technology for a seamless investing experience.

On a year-on-year (YoY) basis, the company’s sales declined by 9% to Rs. 1,019 crore Q2FY26 from Rs. 1,125 crore Q2FY25. EBITDA rose by 10% to Rs. 603 crore, compared to Rs. 550 crore a year ago, while net profit increased by 12% to Rs. 471 crore from Rs. 420 crore. However, EPS fell sharply by 94% YoY to Rs. 0.79 from Rs. 13.51.

Written by Manideep Appana

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