Groww shares slid to a day low of Rs 188.40 after a Rs 1,918 crore block deal, reportedly involving Peak XV and Sequoia, hit the stock.

As many as 10.02 crore shares of Groww’s parent company, Billionbrains Garage Ventures, changed hands through the block deal.

The total value of the transaction came to around Rs 1,918 crore, with shares traded at a floor price of Rs 191.45 apiece. The identity of the buyers and sellers has not been officially confirmed.

However, media reports pointed to existing investors Peak XV Partners and Sequoia Capital as the likely sellers, together offloading around 1.6% of the company’s total equity.

Any shares sold through this deal will carry a 30-day lock-in period before they can be sold again. This is not the first time Groww has seen a large block deal.

Back in August, close to 12.74 crore shares, or roughly 2.1% of the company, changed hands in a separate block transaction worth around Rs 2,500 crore.

Big early investors trimming their stake has become a fairly regular pattern for the stock since its listing.

Groww made its market debut in November 2025 at Rs 112 on the NSE and Rs 114 on the BSE, against an IPO issue price of Rs 100.

Even after today’s fall, the stock remains well above those levels, having gained close to 24% since the start of the year, nearly 70% from its listing price, and over 90% from its issue price.

As of 11:40 am, Groww shares were trading at Rs 190.29 on the NSE, down 3.69% or Rs 7.30 for the day, having recovered slightly from the earlier low.

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