Groww Share Price Falls Almost 5% After ₹3,708 Crore Block Deal; 2.8% Stake Changes Hands At ₹215 Per Share

Shares of Billionbrains Garage Ventures Limited, the parent company of stockbroking platform Groww, came under pressure after a large block transaction on Friday.

The block deal covered 17.42 crore shares, or 2.8% of the parent company's equity. It was valued at around ₹3,708 crore. The average transaction price stood at ₹215 per share. The buyers and sellers had not been identified yet.

At 12:31 pm, the Groww share price was 4.58% down, trading at ₹213.64 on the National Stock Exchange (NSE). Its previous close was ₹223.89. In Friday’s session, Groww shares opened at ₹215, touched an intraday high of ₹218 and a low of ₹208.55.

Groww Expects To Maintain Its Revenue Growth Target

Despite a temporary slowdown in its derivatives business, the company expects to sustain annual revenue growth of 25-30% over the long term. The slowdown followed regulatory changes affecting equity derivatives trading.

Billionbrains Garage's Co-Founder and Chief Financial Officer (CFO) said equity derivatives volumes could recover as the Securities and Exchange Board of India (SEBI) consultation process advances. He also pointed to growth in other business segments and healthy initial public offering (IPO) activity as potential support for overall performance.

Derivatives Activity And IPO Income: Key Business Drivers

The sequential downturn in the July-September 2026 quarter was mostly centred on equities derivatives after cash-equivalent regulations took effect on 01 August 2026. Management said the business would have recorded quarter-on-quarter (QoQ) growth without the impact of these changes.

Trading activity improved in September compared with August, although the October trend was not yet clear.

Market volatility also influences trading volumes and business performance. More than 30 public issues during the September quarter supported a rise in other operating income. Management expects income from the IPO to remain strong in the current quarter. This outlook comes amid several public issues scheduled for November 2026.

Source

NSE

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