
Shares of Billionbrains Garage Ventures Ltd. slipped as much as 3% on Wednesday, December 10, after its shareholder lock-in ended. Groww’s 1-month shareholder lock-in ended on Wednesday. Hence, close to 150 million shares freed for trading.
At around 11.54 AM, Groww was trading 4.18% lower at ₹143.21, against the previous close of ₹149.45 on NSE. The counter touched an intraday high and low of ₹148.30, and ₹142.11, respectively.
According to brokerages, about 149.20 Million shares or about 2% of the company’s outstanding are available for trade with the end of shareholder lock-in.
Based on the company’s closing price, the company’s shares worth ₹2,223 Crore are available for trade.
It is to be noted that the end of the lock-in period does not necessarily mean that all the shares will be sold in the open market. It only means that such shares are eligible for trading.
Furthermore, another 2% or 149 Million of the company’s outstanding shares will be free for trade on February 9, 2026. This is when the company’s 3-month shareholder lock-in will come to an end.
Groww made its stock debut on stock exchanges in November.
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