Peak XV Partners sells 2.66% stake in Groww parent via open market
GROWW · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.4 pts less than Nifty Midcap 150 and 0.5 pts less than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Peak XV Partners Investments VI-1 sold 16.7 crore shares (2.66%) of Billionbrains Garage Ventures (Groww) via open-market transactions between May 12 and September 17, 2026. Its stake dropped from 16.88% to 14.22%. The seller is not a promoter. PAC Sequoia Capital Global Growth Fund III also sold shares separately, filing its own disclosure.
Large early investor (Peak XV, formerly Sequoia) is trimming its stake but still holds 14.22%. May add near-term supply pressure on the stock.