Shares of 16 recently listed companies, with a combined value exceeding ₹11,900 crore, are set to become available for trading during the shortened trading week as their respective shareholder lock-in periods expire.
Of these 16 stocks, 10 are currently trading below their IPO prices, while one is quoting exactly at its issue price as of Friday’s close. Below is a detailed, day-wise breakdown of the companies facing lock-in expiries:
Four Companies to See Lock-in Expiry on December 22
Four companies, VMS TMT, IValue Infosolutions, International Gemmological Institute (IGI), and BLS E-Services will see the end of their shareholder lock-in on Monday. Except for BLS E-Services, all others are trading significantly below their IPO levels.
- VMS TMT: Around 1.4 million shares, representing 3% of outstanding equity and valued at ₹7.28 crore, will become tradable following the end of the three-month lock-in. The stock has fallen 47% from its IPO price of ₹99.
- IValue Infosolutions: Nearly 2.8 million shares, or 5% of outstanding equity, worth ₹70.6 crore (based on Friday’s close), will be unlocked. The stock is down 10% from its IPO price of ₹299.
- International Gemmological Institute (IGI): A substantial 244.4 million shares, accounting for 57% of outstanding equity and valued at ₹7,735 crore, will be released. Blackstone held a 76.5% stake as of the September quarter. The stock is trading 24% below its IPO price of ₹417.
- BLS E-Services: About 2 million shares, or 2% of equity, valued at ₹41.4 crore, will become available. Unlike its peers, the stock is up 53% from its IPO price of ₹135.
Saatvik Energy and GK Energy to See Lock-In Free of 2% Equity
Two recent listings, Saatvik Green Energy and GK Energy, will complete their three-month lock-in period on December 23.
- Both companies will see 2% of their outstanding equity freed up for trading.
- Based on Friday’s closing prices, shares worth ₹115 crore for Saatvik Green Energy and ₹70.6 crore for GK Energy will be unlocked.
- Saatvik Green Energy is trading 15% below its IPO price, while GK Energy is quoting exactly at its issue price of ₹153.
Ganesh Consumer, Atlanta Electricals and Moreon Dec 24
Three companies will see lock-in expiries midweek:
- Ganesh Consumer Products: About 1.9 million shares, or 5% of equity, valued at ₹43.41 crore, will be unlocked. The stock is down 29% from its IPO price of ₹322.
- DEE Development Engineers: Nearly 14 million shares, representing 20% of outstanding equity and valued at ₹301.2 crore, will be freed up following the end of the 1.5-year-and-beyond lock-in. The stock trades 6% above its IPO price of ₹203.
- Atlanta Electricals: Around 1.4 million shares, or 2% of equity, worth ₹133.3 crore, will become tradable. The stock is trading 26% above its IPO price of ₹754.
Also Read: Infosys Clarified on Recent 40% Surge in ADR: What You Need to Know
7 Companies to Free Shares on December 26
The final trading day of the week will see lock-in expiries for seven companies: Solarworld Energy Solutions, Seshaasai Technologies, Sanathan Textiles, Jaro Institute, Concord Enviro Systems, Arisinfra Solutions, and Anand Rathi Shares and Stockbrokers.
- Solarworld Energy Solutions: About 3.1 million shares (4% of equity), worth ₹83.7 crore, will be unlocked. The stock is down 23% from its IPO price of ₹351.
- Seshaasai Technologies: Nearly 2.9 million shares, or 2% of equity, valued at ₹80.3 crore, will become tradable. The stock trades 35% below its IPO price of ₹423.
- Jaro Institute: Around 800,000 shares (3% of equity), worth ₹44 crore, will be unlocked. The stock is down 38% from its IPO price of ₹890.
- Sanathan Textiles: A significant 48.6 million shares, or 58% of equity, valued at ₹2,157 crore, will be freed up after the end of the one-year lock-in. The stock is up 38% from its IPO price of ₹321.
- Concord Enviro Systems: About 9.4 million shares, representing 46% of equity and valued at ₹410 crore, will be unlocked. The stock is trading 38% below its IPO price of ₹701.
- Arisinfra Solutions: Nearly 36 million shares, or 44% of outstanding equity, worth ₹468 crore, will become tradable as the six-month lock-in expires. The stock is down 41% from its issue price of ₹222.
- Anand Rathi Shares and Stock Brokers: Roughly 2.7 million shares, or 4% of equity, valued at ₹159.3 crore, will be released. Despite cooling off from post-listing highs, the stock remains up 42% from its IPO price of ₹414.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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.
