Stake sale · Financial Services

Friale Fund sells Groww shares worth ₹210.4 crore

What they do

Groww is a stock broking and wealth management platform with over 1.3 crore active users

Friale Fund IV LLC sold 1.13 crore shares of Groww in a block deal at ₹185.5 per share

The sale comes after the lock-in period for pre-IPO shareholders expired about a month ago

Friale Fund IV LLC sold 1.13 crore shares of Groww in a block deal.
The block deal was valued at ₹210.4 crore.
Shares were sold at ₹185.5 each, a discount of about 2.4% to the previous close.
The buyer was Goldman Sachs Bank Europe SE.
Earlier, other investors like Peak XV Partners, YC Holdings, and Ribbit Capital had sold shares worth ₹5,352 crore via multiple block deals.
The lock-in period for pre-IPO shareholders expired about a month before this deal.
Groww's share price has risen ~21% in the past three months but fallen 13.7% in the past month.

The sale follows the expiry of the lock-in period for pre-IPO shareholders, allowing them to sell shares.
Groww reported strong Q4 FY26 results: net profit ₹686.4 crore (up 122% YoY) and operating revenue ₹1,505.4 crore (up 88% YoY).
The company is the largest stock broking platform in India by active clients, with a 28.48% market share.

Groww was founded in 2016 as a mutual fund investment platform and later expanded into stock broking and wealth management.
It offers stocks, ETFs, IPOs, margin trading facility (MTF), futures and options (F&O), commodities, mutual funds, NFOs, bonds, loans, credit, API trading, indices, option chain, screener, calculators, and a blog.
The platform has 1.3 crore active users as of April 2026.

Friale Fund IV LLC (seller) — An investment fund that held pre-IPO shares of Groww.
Goldman Sachs Bank Europe SE (buyer) — The European arm of Goldman Sachs, a global investment bank.