The number of shares that will be freeing up for trading amount to $17 billion in value, according to the latest note by Nuvama Alternative and Quantitative Research.
1 / 8More than 120 crore shares of as many as 66 companies will become eligible to be traded until the end of October 2025, as their respective shareholder lock-ins across various timelines open.
2 / 8The number of shares that will be freeing up for trading amount to $17 billion in value, according to the latest note by Nuvama Alternative and Quantitative Research.
3 / 8Out of the 120 crore shares, majority of them, or 35 crore shares belong to one entity – Hexaware Technologies – whose lock-in will open on August 18. The number of shares here amount to 58% of the company’s outstanding equity.
4 / 8Recently listed luxury hospitality company Schloss Bangalore (SBL), which owns ‘The Leela’ brand of hotels, will see its one-month lock-in period ending on June 30. This will free up 1.8 crore shares of the company to trade, according to Nuvama’s note.
5 / 8Besides, another strong listing and IPO subscription, DAM Capital’s 2.7 crore shares or 38% of the outstanding equity of the company becomes eligible to be traded as the company’s six-month lock-in period ends on June 27.
6 / 8Other recent listings like Borana Weaves, Belrise Industries, Prostarm Info Systems, Aegis Vopak Terminals, and Scoda Tubes will also see their respective shareholder lock-ins come to an end.
7 / 8Ola Electric Mobility’s 44 crore shares will become eligible for trading as the lock-in period ends on August 8. The number of shares amounts to 10% of the company’s outstanding equity.
8 / 8To clarify, shareholder lock-in ending does not necessarily mean that the shares will be sold in the market. They just become eligible to be traded.
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