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IPO Shares Worth ₹6,500 Cr Unlocked This Week!
8 Dec
Summary
- Eight companies face shareholder lock-in expiry this week.
- Shares valued at over ₹6,500 crore become eligible for trading.
- Lock-in end means shares can be traded, not necessarily sold.
As many as eight prominent companies are set to see their shareholder lock-in periods expire this week. This significant event includes major IPOs from last month such as Groww, Lenskart, and Pine Labs, potentially unlocking substantial market activity.
The total value of shares eligible for trading now stands at over ₹6,500 crore, calculated using Friday's closing prices. This marks a crucial juncture for investors and the market, as these previously restricted shares can now be bought and sold.
It is important to note that the end of the lock-in period signifies that the shares are available for trading. This does not automatically mean that all these shares will be offloaded onto the open market, but rather that investors have the option to sell them.
