Shareholder Lock In Expiry: Shares Worth ₹1,634 Crore Set to Become Tradeable This Week

Shares worth over ₹1,634 crore across five companies are set to become eligible for trading this week as their respective shareholder lock-in periods come to an end. Notably, three of these stocks are currently trading below their issue prices.

It is important to clarify that the expiry of a lock-in period does not necessarily imply immediate selling pressure. It simply allows previously restricted shareholders to sell their holdings in the open market.

ECOS (India) Mobility & Hospitality

The lock-in period for 12 million shares, representing 20% of outstanding equity, ends on March 4, according to Nuvama Alternative & Quantitative Research.

At Friday’s closing price, these shares are valued at approximately ₹182.5 crore. The stock is currently trading 54% below its issue price of ₹334, indicating significant post-listing weakness.

Anlon Healthcare

Around 11.9 million shares, or 22% of total equity, will become eligible for trading on March 4. Unlike some peers on the list, the stock is performing above water and currently trades 18% higher than its IPO price of ₹91.

Vikran Engineering

The lock-in expiry for Vikran Engineering falls on March 5. A substantial 116.1 million shares, accounting for 45% of its outstanding equity, will become tradeable.

At current levels, the value of these shares stands at approximately ₹795 crore. The stock is presently trading 29% below its issue price of ₹97 per share.

Urban Company

On March 5, about 7.1 million shares will become eligible for trading, translating to a value of nearly ₹76 crore. The stock is currently 4% above its issue price of ₹103 per share.

Also Read: Nifty 50 Falls Over 1% on March 2; L&T Leads Losses While BEL Gains

Baazar Style Retail

The company will see 15 million shares, or 20% of its outstanding equity, freed up for trading on March 5. These shares are valued at around ₹453 crore, with the stock currently trading 22% below its IPO price of ₹389.

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.