Unlocking of 15 million shares: What it means for Groww's IPO
Groww's one-month post-IPO lock-in just ended, unlocking nearly 15 crore shares (about 2% of its equity, worth ₹2,230 crore) for trading.
This means early big investors can finally sell some of their holdings—a key moment that often shapes a stock's next moves.
IPO buzz and share performance
Groww's IPO was a crowd-puller—priced at ₹100 per share and oversubscribed by almost 18 times.
It listed at ₹112 (a nice 12% jump), rocketed up to ₹193 within days, then cooled off by about a quarter—but still trades around 44% above its IPO price.
That steady demand says investors are sticking around even after the initial hype.
How's Groww doing as a business?
Despite slower trading activity in Q2 FY26, Groww posted a net profit of ₹471 crore (up 12% year-on-year), showing it can manage costs well even when revenues dip slightly.
User growth is strong too—19 million people traded on Groww last quarter (up 27%), and customer assets jumped to ₹2.7 lakh crore thanks to steady inflows across all products.
What does Groww actually do?
Groww is an Indian digital platform where anyone can invest in stocks, mutual funds, and more—all from their phone or laptop.
With simple tools and growing popularity among young investors, it's become one of the go-to places for first-time traders looking to start their investment journey online.