Billionbrains Garage Ventures (Groww) is likely to see a large block deal on Wednesday, August 26, with existing investor Ribbit Capital likely to sell around a 1.6% stake in the online investment platform, according to media reports.Shares of Groww ended Tuesday's session 3.33% higher at Rs 203.01, compared with the previous close of Rs 196.47.
Together, the two entities held a 10.10% stake in the company at the end of the June quarter.ALSO READ: Strong Returns!
IPO market heats up with 25% average listing gains in two monthsRibbit Capital V L.P., Ribbit Cayman GW Holdings V, Ltd., and GW-E Ribbit Opportunity V, LLC (collectively referred to as Ribbit) are part of the global investment firm focused on backing early-stage companies.
Following the transaction, Ribbit Capital is also expected to be subject to a 30-day lock-in for any further sale of shares.Groww made its stock market debut in November 2025 after raising ₹6,632 crore through its initial public offering (IPO).
The stock listed at ₹112 on the NSE, a 12% premium to its issue price of ₹100.
