Rs 7,000 crore boom! Groww and Lenskart are among the seven newly listed companies whose shareholder lock-in will end in December

Rs 7,000 crore boom! Groww and Lenskart are among the seven newly listed companies whose shareholder lock-in will end in December

Shares of as many as seven newly listed companies could see increased activity in December as their shareholder lock-in periods expire. At current market prices, the value of shares eligible for trading post-maturity for these companies is estimated at close to Rs 7,000 crore.Importantly, the end of a lock-in does not mean that all these shares will be sold immediately, but it does mean that they can now be traded. Here’s an overview of the key companies that will be active in the coming month.

1.) Growth – The newly listed company, which rose as much as 94% above its issue price, will see its shareholder lock-in end on December 10, freeing up 14.92 crore shares, or about 2% of the company’s total equity. The stock made its stock market debut on November 12 and traded at a 14% premium to the issue price, according to Nuvama’s alternative and quantitative research report.2.) Lenskart Solutions – India’s largest eyewear retailer will see around 4 crore shares come out of the one-month lock-in. That roughly amounts to 2% of the total assets. The Peyush Bansal-led company made its stock market debut on November 10 and listed at a 3% discount to the issue price. The lock-in ends on December 8.

3.) Urban company – The company will see 4.15 crore shares cleared for trading as the three-month shareholder lock-in ends on December 15. The number of shares that will be free for trading will be 3% of the company’s outstanding equity. Shares of Urban Company have fallen 15% from their debut price of Rs 162 per share. On November 27, Kotak Institutional Equities initiated coverage with a sell call on the stock.


4.) Orkla India – According to Nuvama Alternative & Quantitative Research, around 34 lakh Orkla India shares will become freely tradable when the one-month lock-in ends on December 3, representing around 2% of the company’s outstanding equity. The Rs 1,667 crore IPO saw blockbuster subscription with the total issue subscribed 48.7 times, driven by strong institutional demand.5) Pine Labs – The company will have 3.97 crore shares that will be freely tradable when the one-month lock-in period ends on December 8, representing about 3% of the outstanding equity. The Rs 3,900 crore IPO made its stock market debut on November 14, at a premium of 9.5%. The issue was subscribed 2.48 times, almost entirely led by institutional demand.6.) Stud accessories – The company will see around 12 lakh shares become freely tradable as the one-month lock-in ends on December 5, accounting for almost 3% of the outstanding equity. Earlier this year, the helmet maker reported a net profit of Rs 20.6 crore, up 18% from Rs 17.5 crore reported in the same quarter of the previous fiscal. The company’s revenue from operations stood at Rs 154 crore, a jump of over 6% from Rs 149 crore in the corresponding quarter of the previous fiscal.

7.) Prostarm info systems – The company will release 3.11 crore shares for trading as the lock-in period of six months and above ends on December 5, representing a sizeable 53% of the outstanding equity. Prostarm Info Systems shares are listed at a 19% premium to its IPO price on June 3, 2025. The stock debuted at Rs 125 on the BSE.

(Disclaimer: Recommendations, suggestions, views and opinions expressed by the experts are their own. These do not represent the views of The Economic Times)

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