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Friale Fund IV LLC sold 1.13 crore Groww parent shares for roughly Rs 210 crore in a block deal, with Goldman Sachs Bank Europe SE buying the full stake at a 2.4% discount. The sale extends a wave of early investor exits following the expiry of Groww's post-listing lock-in period.
Peak XV, Ribbit Capital, and other early Groww investors plan to sell shares worth Rs 4,750 crore via block deals, with a floor price of Rs 177 per share. The announcement triggered a sharp stock price drop as markets priced in the large supply of shares hitting the market.
Groww reported a 122% jump in net profit to Rs 686 crore for Q4, with revenue from operations rising 87% year-on-year to Rs 1,505 crore. The numbers show India's large retail investment platforms converting rapid user growth into strong earnings, raising the prospect of a future public listing.
Bank of Maharashtra reported a 35% rise in Q4 net profit, putting its shares in focus today. Groww also posted higher revenue, while Nelco, PNB Gilts, SML Isuzu, Ugro Capital, and Indosolar are among other companies reporting results.
Groww reported Q4 FY26 revenue of Rs 1,535.5 crore and a profit of Rs 686 crore as customer assets crossed Rs 3 trillion, up 36% year-on-year. The company plans to channel profits and fresh fundraise proceeds into scaling its lending business across consumer credit and broking segments.
Groww reported Rs 686 crore in net profit for Q4 FY26, more than doubling year-on-year, as revenue from operations jumped 88% to Rs 1,505 crore. The results reinforce Groww's position as one of India's most profitable fintech platforms amid a retail investing boom. Financials were sourced from NSE filings; further
Bank of America initiated Groww with a 'Buy' rating and ₹235 price target, implying 21% upside, lifting the stock to a 52-week high and a $13.92 billion market cap. BoFA projects 30% revenue CAGR through FY28 and EBITDA margins of 67%, citing India's retail investing growth. The lock-in period expiry and capital market
Groww shares jumped 7% to an all-time high after Bank of America initiated coverage with a buy rating. The call adds institutional weight to the Indian retail brokerage platform's valuation and could attract further analyst coverage from competing firms.
Indian large-cap stocks including Adani Green Energy and Groww have surged up to 34% in April as the Sensex and Nifty recover roughly 7% from an 11% March decline. Rising optimism over Iran-US peace talks has eased global risk sentiment and supported renewed buying in Indian equities. Ten large-cap names are leading th
Tag
Friale Fund IV LLC sold 1.13 crore Groww parent shares for roughly Rs 210 crore in a block deal, with Goldman Sachs Bank Europe SE buying the full stake at a 2.4% discount. The sale extends a wave of early investor exits following the expiry of Groww's post-listing lock-in period.
10d ago · 3 min · Markets
Peak XV, Ribbit Capital, and other early Groww investors plan to sell shares worth Rs 4,750 crore via block deals, with a floor price of Rs 177 per share. The announcement triggered a sharp stock price drop as markets priced in the large supply of shares hitting the market.
1mo ago · 2 min · Markets
Groww reported a 122% jump in net profit to Rs 686 crore for Q4, with revenue from operations rising 87% year-on-year to Rs 1,505 crore. The numbers show India's large retail investment platforms converting rapid user growth into strong earnings, raising the prospect of a future public listing.
1mo ago · 2 min · Business
Bank of Maharashtra reported a 35% rise in Q4 net profit, putting its shares in focus today. Groww also posted higher revenue, while Nelco, PNB Gilts, SML Isuzu, Ugro Capital, and Indosolar are among other companies reporting results.
1mo ago · 2 min · Markets
Groww reported Q4 FY26 revenue of Rs 1,535.5 crore and a profit of Rs 686 crore as customer assets crossed Rs 3 trillion, up 36% year-on-year. The company plans to channel profits and fresh fundraise proceeds into scaling its lending business across consumer credit and broking segments.
1mo ago · 2 min · Business
Groww reported Rs 686 crore in net profit for Q4 FY26, more than doubling year-on-year, as revenue from operations jumped 88% to Rs 1,505 crore. The results reinforce Groww's position as one of India's most profitable fintech platforms amid a retail investing boom. Financials were sourced from NSE filings; further
2mo ago · 1 min · Business
Bank of America initiated Groww with a 'Buy' rating and ₹235 price target, implying 21% upside, lifting the stock to a 52-week high and a $13.92 billion market cap. BoFA projects 30% revenue CAGR through FY28 and EBITDA margins of 67%, citing India's retail investing growth. The lock-in period expiry and capital market
2mo ago · 1 min · Markets
Groww shares jumped 7% to an all-time high after Bank of America initiated coverage with a buy rating. The call adds institutional weight to the Indian retail brokerage platform's valuation and could attract further analyst coverage from competing firms.
2mo ago · 1 min · Markets
Indian large-cap stocks including Adani Green Energy and Groww have surged up to 34% in April as the Sensex and Nifty recover roughly 7% from an 11% March decline. Rising optimism over Iran-US peace talks has eased global risk sentiment and supported renewed buying in Indian equities. Ten large-cap names are leading th
2mo ago · 1 min · Markets
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