Groww Share Price Decline 8.30% Ahead Of Q2 Results; Stock Trades At ₹155.79 After Recent Record Highs

November 20, 2025, Mumbai: In Thursday’s early trading session, shares for Billionbrains Garage Ventures Limited, the holding company of Groww, dropped sharply by as much as 8.30% to ₹155.79 per share as of 10:29 AM IST. The drop occurred just ahead of the company’s board meeting taking place tomorrow to announce its unaudited financial results for Q2 and H1 FY26, with a scheduled meeting on November 21, 2025.

The stock started the day at ₹157.55, reached a high of ₹162.27 and dropped to an intraday low of ₹154.10. Even with today’s drop, Groww is still well above its IPO issue price of ₹100, delivering a 58% gain since its listing on November 12. Trading volume continued to be strong with 256.97 lakh shares traded for a turnover of ₹405.57 crore. In this trading session, Groww’s market capitalization is at ₹1,04,883.20 crore, and its free float market cap is at ₹6,994.13 crore.

This week, the stock has experienced a turbulent ride as traders adjust their positions in advance of results. Monday and Tuesday saw the stock firmly rally and attain new highs before the downturn experienced today. The company remains part of the NIFTY IPO Index and continues to see active trading in the Stockbroking & Allied category.

Meeting Of The Board Of Directors Set For Tomorrow

As per the announcement filed on November 17, 2025, the Board of Directors has scheduled a meeting on Friday, November 21, 2025, to discuss and approve the unaudited standalone and consolidated financial results for Q2 and Q1 FY26. The notice satisfies the requirements of Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements), which has been filed with NSE and BSE.

IPO Recap

The Groww IPO, which is worth ₹6,632 crore, opened for subscription on November 4 and closed on November 7. The IPO was extremely well-received by investors, resulting in an overall subscription of an astounding 17.6 times. Qualified institutional buyers (QIBs) drove the demand at 22.02 times, with non-institutional investors (NIIs) following with 14.20x, and retail with 9.43 times. Before the IPO opened to investors, Groww also established an anchor book and raised ₹2,985.35 crore with 102 high-profile global and domestic institutions investing, including sovereign funds and large mutual funds. After it began trading on November 12, 2025, the stock had an excellent debut and benefited from further buying for several days before softening today.

REF: https://nsearchives.nseindia.com/corporate/BILLIONBRAINS_17112025185219_BMNoticeintimation.pdf

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