New Delhi, May 12 -- Billionbrains Garage Ventures, the parent company of investment platform Groww, witnessed a 6.82% decline in its shares to Rs.180.33 apiece on NSE in Tuesday's trading session amid block deal reports following the IPO lock-in expiry.
According to a CNBC TV-18 report, 5.01% equity or 30.91 crore shares worth Rs.5,637 crore changed hands at Rs.182.3 per share.
The stock opened at Rs.184 apiece today, as compared to the previous close of Rs.193.52 on Monday.
CNBC-TV18 had earlier reported that several early investors in Groww, including Peak XV and Y Combinator, are preparing to offload stakes through block deals after the lock-in expiry period.
The base issue size was estimated at around Rs.4,750 crore, accounting f...
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