Groww founders sell stake worth Rs 250 crore after IPO lock-in expiry

Bengaluru: Promoters of wealthtech firm Groww have sold around 0.23% stake in the company over the past few days, in a transaction estimated at Rs 250-260 crore based on stock exchange disclosures.

The Bengaluru-based company, founded by Lalit Keshre, Ishan Bansal, Neeraj Singh and Harsh Jain, went public in November 2025. The latest share sale marks one of the largest liquidity events for the founders since the listing.

The transaction comes shortly after early investors including Peak XV Partners, Ribbit Capital and Y Combinator sold part of their holdings following the expiry of the IPO lock-in period.

According to BSE filings, the promoter group’s holding fell to 27.38% at the end of March 2026 from 27.81% in December 2025. Public shareholding rose to 72.19% during the same period.

Groww’s shares closed at Rs 186.4 on May 19, valuing the company at around Rs 1.16 lakh crore. At the time of its listing, the stock debuted at Rs 112 per share with a market capitalisation of nearly Rs 70,000 crore.