1 / 8As many as 17 crore shares of 10 companies worth ₹5,763 crore, will become eligible for trading this week as their respective shareholder lock-in period ends. It must be noted that the end of the shareholder lock-in does not mean all the shares will sold in the open market, but they will just become eligible for trading. Here is a look at this list:
2 / 8Belrise Industries | This outperforming IPO will see 3.58 crore shares or 4% of its outstanding equity become eligible to trade with its three-month shareholder lock-in ending on Monday, August 25. At the current market price, shares worth ₹526 crore will become eligible to trade from Monday. The stock is up close to 70% from its IPO price.
3 / 8Syrma SGS | Nearly half of the value of shares becoming eligible to trade this week belong to Syrma SGS. The stock will see as many as 3.52 crore shares or 20% of its outstanding equity worth over ₹2,600 crore become eligible to trade from Monday, when its one-and-a-half-year and beyond shareholder lock-in period ends.
4 / 8Aegis Vopack | The company, another recent listing, will see the unlocking of 2.68 crore shares or 2% of its outstanding equity become eligible for trade on Tuesday, August 26, when its three-month shareholder lock-in ends. At the current price, the number of shares that become eligible for trading are worth ₹675.4 crore in value.
5 / 8Three fresh listings, GNG Electronics, Indiqube and Prostarm Info Systems, will also see their respective one-month and three-month shareholder lock-in end on Tuesday, August 26. While GNG and Indiqube will see 3% of their respective outstanding equity become eligible to trade, that figure for Prostarm is 4%. The value of shares becoming eligible for trading for GNG, Indiqube and Prostarm is ₹76 crore, ₹150 crore and ₹49 crore respectively.
6 / 8Two recently listed hotel names, Brigade Hotel Ventures and Schloss Bangalore will also see their one-month and three-month shareholder lock-in end on August 28. Both the stocks will see 5% of their outstanding equity become eligible to be traded. The value of Brigade Hotels’ shares becoming eligible to be traded is ₹155 crore, while for Schloss Bangalore, its worth ₹760 crore based on Friday’s closing price.
7 / 8Orient Technologies | The last name who’s shareholder lock-in will end on August 28, is Orient Technologies, where 2.21 crore shares or 53% of the company’s outstanding equity will become eligible to be traded. The value of these shares that become eligible to be traded, is worth ₹687 crore.
8 / 8Shanti Gold | The last name on this list, whose shareholder lock-in ends on Friday, August 29 is Shanti Gold. 4% of the company’s outstanding equity, or 27 lakh shares worth ₹66 crore, will become eligible to be traded on Friday.
