The shareholder lock-in period for eight companies—including IPOs like Groww, Lenskart, and Pine Labs—will expire this week, according to Nuvama Alternative & Quantitative Research.
Based on Friday’s closing prices, the shares becoming eligible for trading are valued at over ₹6,500 crore. Importantly, the end of the lock-in does not imply that all these shares will be sold; it simply means they can now be traded if holders choose to do so.
Here’s a list of companies to free up for trade this week
Pine Labs
Newly listed Pine Labs will face two shareholder lock-in expiries this week. The first comes on Monday, December 8, when 19.8 million shares—about 2% of its outstanding equity—will become available for trading.
A second lock-in release follows on Friday, December 12, unlocking 39.7 million shares, or 3% of the total equity. The shares becoming tradable on Friday are valued at ₹984 crore in total.
Lenskart
About 40.7 million shares—equivalent to 2% of the company’s outstanding equity—will become available for trading once the one-month lock-in expires on Monday, December 8. At Friday’s closing price, this block of shares is valued at roughly ₹1,701 crore.
(This is a developing story)
Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.
