Goldman Sachs Invests ₹210 Crore in Groww, Shares Rise 4%

Goldman Sachs Buys ₹210 Crore Worth of Groww Shares, Boosting Stock Price

In a significant development, global investment firm Goldman Sachs acquired shares worth ₹210 crore of Billionbrains Garage Ventures, the parent company of discount broking platform Groww, through block deals on June 4. This move led to a surge in the stock price of Groww on Friday, June 5, with shares jumping over 4% to ₹198.15 per share in intraday deals.

According to data released by the BSE, Goldman Sachs purchased 1,13,43,750 shares of Groww at ₹185.50 per share, amounting to ₹210.42 crore. The block deal data was made public after the stock market hours on Thursday. The purchase was made by Friale Fund IV LLC, which sold the shares to Goldman Sachs.

The acquisition of Groww shares by Goldman Sachs comes on the back of a robust set of earnings reported by the company for the March quarter of the financial year 2025-26 (FY26). Groww's profit after tax (PAT) doubled year-on-year, standing at ₹696.4 crore in Q4FY26 compared to ₹309.1 crore in the same period a year ago, marking a 122% YoY increase. On a quarter-on-quarter (QoQ) basis, the PAT was higher by 26%.

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Groww's EBITDA performance was also robust, standing at ₹938.7 crore in the quarter under review, rising 142% YoY over ₹388.2 crore in the year-ago period. Similarly, it rose 30% on a sequential basis. The company's growth in active users strengthened by 25% YoY to 16.7 million at the end of FY26, making it India's largest broker in terms of number of active users.

Groww witnessed a growth in its market share across products like mutual funds, stocks, equity derivatives, and margin trading facility. In the mutual fund space, its market share rose to 14% from 12.3% on a YoY basis while in stocks, it increased to 15.7% from 12.1%. In the derivatives segment, the share almost doubled to 10.6% from 6.8% earlier and in the MTF segment, it stood at 2.7% compared with just 0.9%.

The company plans to deploy the cash generated (including proceeds from fundraise) for scaling lending business on balance sheet, within broking and consumer credit.

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