Shares of Billionbrains Garage Ventures, the parent company of Groww, experienced a significant drop of 10.5%, reaching an intra-day low of ₹182 on the Bombay Stock Exchange (BSE). This decline occurred amid heavy trading volumes, with 24.7 million shares changing hands on the BSE and 426 million shares traded on the National Stock Exchange (NSE). The drop is attributed to a block deal involving major private equity investors, including Peak XV Partners, Sequoia Capital, and Ribbit Capital, who are expected to offload holdings worth up to ₹4,750 crore. The proposed transaction will involve the sale of approximately 268.4 million shares, accounting for nearly 4.3% of the company’s total outstanding equity, with a floor price set at ₹177 per share.

Despite the drop in share price, Groww reported impressive financial results for Q4, with profit after tax more than doubling to ₹686 crore, compared to ₹309 crore a year earlier. The company's total income also surged by 81% year-on-year to ₹1,536 crore. Analysts remain optimistic about Groww's long-term growth potential, highlighting strong trading activity and expansion in margin trading facilities. However, they express concerns over high valuations, projecting 54% earnings per share (EPS) growth for FY27 and 30% for FY28, while maintaining a cautious 'sell' rating due to current valuations being ahead of sustainable revenue growth.