The decline came after reports said that some of Groww’s existing investors were looking to offload shares worth up to ₹4,750 Cr through block deals

As Groww’s six month IPO lock-in period expired today, investors sold the fintech major’s shares worth ₹5,325.8 Cr via multiple bulk deals.

Groww shares slid sharply after a block deal by early investors followed the lock-in expiry. Analysts said the fall reflected supply pressure and weak markets rather than any fresh business setback.