Groww Shares Fall 4% as Lock-in Ends; Expert Cautions on High Valuation

• Groww's parent company shares fell over 4% on Tuesday, December 9, but remain 47% above their ₹100 issue price.
• The one-month shareholder lock-in period for Groww ends on December 10, making ~14.92 crore shares (2% of equity) eligible for trading.
• A market expert advises caution on Groww stock, citing its valuation significantly outpacing fundamentals and market pricing in FY28 earnings.
• Groww's IPO was oversubscribed 17.6 times, with the stock listing at a 12% premium and closing with a 30% gain on its first day.

Why It Matters: Groww stock's lock-in expiry and high valuation impact investor decisions.