Groww stake sale: Peak XV, Sequoia, others to sell equity worth Rs 4,750 crore; floor price at Rs 177/share

Existing investors of Billionbrains Garage Ventures (Groww) – Peak XV, Sequoia Capital, Ribbit and YC Holdings – will sell shares worth Rs 4,750 crore, wherein they are likely to offload up to 26.84 crore shares, according to a deal term sheet. The floor price is set at Rs 177 per share, which is an 8.5% discount from the current market price of Rs 193.70 on the BSE.

The transaction will be executed through a vendor sale by way of one or more share sales on the screen-based trading platform of Indian stock exchanges. This typically refers to a secondary share sale executed via a block deal or a large institutional placement conducted through the exchange screen.

The stock today fell by Rs 11 or 5.37% over the Friday closing price of Rs 204.70.

Peak XV Partners Investments VI-1 is the largest shareholder among the selling investors, holding more than 105 crore shares, representing a 16.88% stake in the brokerage firm. Meanwhile, YC Holdings II, LLC owns over 63.24 crore shares, translating into a 10.08% equity stake in the company.

Ribbit Capital V L.P. held over 43.31 crore equity shares, representing a 6.90% stake as on March 31, 2026 while Sequoia Capital Global Growth Fund III – U.S./India Annex Fund, L.P. held over 9.85 crore equity shares, accounting for a 1.57% stake.

Established in 2016, the Bengaluru-based discount broker offers brokerage services to invest in equity, IPO, and direct mutual funds. Groww is the brand name for Groww Invest Tech Pvt Ltd, which is a SEBI-registered stockbroker and a member of NSE and BSE.
At the current market price, Groww shares are trading 94% higher from the IPO price of Rs 100. Its public issue was launched in November and the stock made its market debut on November 12, 2025.Groww IPO was a book building issue of Rs 6,632.30 crores which was a combination of fresh issue of 10.60 crore shares aggregating to Rs 1,060 crore and an offer for sale (OFS) of 55.72 crore shares aggregating to Rs 5,572.30 crores.