PhysicsWallah, Emmvee Photovoltaic Power and 3 More Companies to See Shareholder Lock-In Expiry

Shares of 5 recently listed companies, totalling nearly 15.21 crore shares valued at ₹2,195.64 crore, will become eligible for trading on Monday, December 15, following the expiry of their respective shareholder lock-in periods.

It is important to note that the end of a lock-in period does not necessarily imply immediate selling in the open market; rather, it simply allows these shares to be freely traded. Below is a snapshot of the companies witnessing share unlocking:

Emmvee Photovoltaic Power

Approximately 3.01 crore shares, representing 4% of Emmvee Photovoltaic Power’s outstanding equity, will become eligible for trading as its one-month lock-in period concludes. At current market prices, these shares are valued at ₹585.60 crore. The stock is currently trading about 10% below its IPO price.

PhysicsWallah

The edtech firm PhysicsWallah will see the unlocking of around 7.17 crore shares, or 3% of its outstanding equity, worth roughly ₹978.71 crore. These shares become eligible for trading upon the completion of the company’s one-month lock-in period on Monday. The stock has gained nearly 25% from its IPO price.

Urban Company

Another recent entrant to the market, Urban Company, will have 4.15 crore shares, around 3% of its total equity, freed up for trading as its three-month shareholder lock-in expires today. At prevailing prices, the unlocked shares are valued at approximately ₹538 crore. The stock is up close to 26% from its IPO level.

Shringar House of Mangalsutra

The company will witness the end of its shareholder lock-in today, making 0.36 crore shares, or 4% of its outstanding equity, eligible for trading. These shares are valued at about ₹70.74 crore. The stock has appreciated nearly 19% since its IPO.

Also Read: Dividends and Bonus Issues This Week (Dec 15 - Dec 19): eClerx, Indian Oil, Can Fin Homes, Dr Lal Pathlabs to Hit Record Dates

Dev Accelerator

With the conclusion of its three-month lock-in period, around 0.52 crore shares, representing 6% of the company’s equity worth over ₹22.46 crore, will become eligible for trading on Monday. The stock is currently trading nearly 30% below its IPO price.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.