Five stocks worth nearly ₹2,200 crore will become eligible to trade when their respective shareholder lock-in period ends today.
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1 / 6As many as 15.21 crore shares of five companies worth ₹2,195.64 crore, will become eligible for trading on Monday, December 15, as their respective shareholder lock-in period ends. It must be noted that the end of the shareholder lock-in does not mean all the shares will sold in the open market, but they will just become eligible for trading. Here is a look at this list:
2 / 6Emmvee Photovoltaic Power | This IPO will see 3.01 crore shares or 4% of its outstanding equity become eligible to trade with its one-month shareholder lock-in ending today. At the current market price, shares worth ₹585.60 crore will become eligible to trade from Monday. The stock is down 10% from its IPO price.
3 / 6PhysicsWallah | The stock will see as many as 7.17 crore shares or 3% of its outstanding equity worth over ₹978.705 crore become eligible to trade from Monday, when its one-month shareholder lock-in period ends. The stock is up close to 25% from its IPO price.
4 / 6Urban Company | The company, another recent listing, will see the unlocking of 4.15 crore shares or 3% of its outstanding equity become eligible for trade on today, when its three-month shareholder lock-in ends. At the current price, the number of shares that become eligible for trading are worth ₹538 crore in value. The stock is up close to 26% from its IPO price.
5 / 6Shringar House of Mangalsutra | The other name whose shareholder lock-in will end today, is Shringar House of Mangalsutra, where 0.36 crore shares or 4% of the company’s outstanding equity will become eligible to be traded. The value of these shares that become eligible to be traded, is worth ₹70.74 crore. The stock has risen 19% from its IPO price.
6 / 6Dev Accelerator | The stock will see 0.52 crore shares or 6% of its outstanding equity worth over ₹22.46 crore become eligible to trade from Monday, when its three-month shareholder lock-in period ends. The stock is down close to 30% from its IPO price.
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