4 hours ago
From Aegis Vopack Terminals to an underperforming Motisons Jewellers, these stocks will see their shareholder lock-in periods end today, making shares worth ₹3,623 crore eligible to trade.
1 / 8
As many as 112 million shares of seven companies, worth ₹3,623 crore, will become free to trade, as their respective shareholder lock-in period ends on Monday, June 30. The companies include recent listing like Schloss Bangalore, Aegis Volpack Terminals among others. The end of the shareholder lock-in does not mean all the shares will be sold in the open market, but they only become eligible to be traded. Here is a look at that list.
2 / 8
Prostarm Info Systems | The recent listing will see 2.4 million shares, worth ₹34.6 crore become eligible to be traded on Monday. The stock ended 6% higher on Friday. The stock trades above its IPO price of ₹105.
3 / 8
Aegis Vopak Terminals | As many as 26.8 million shares of the company, worth ₹678 crore, will become eligible to be traded, once the shareholder lock-in period ends on Monday. The stock is trading just above its IPO price of ₹235.
4 / 8
Schloss Bangalore | The parent company of The Leela Hotels will see 18.1 million shares of the company or 5% of the total outstanding become eligible to trade on Monday. The total value of these shares, based on Friday's closing price, are valued at ₹745 crore. The stock trades below its IPO price of ₹435 per share.
5 / 8
Senores Pharma | The company will see 48% of its outstanding equity or 21.9 million shares worth ₹1,237 crore become eligible for trading on Monday. The stock trades above its IPO price of ₹391 per share.
6 / 8
Sai Life Sciences | The company recently saw a block deal and another lot of shares will become eligible to trade on Monday. 2 million shares worth ₹152 crore will see their lock-in period end on Monday. The stock trades above its IPO price of ₹549.
7 / 8
Stanley Lifestyles | The company will see its one-year shareholder lock-in end on Monday, when 21 million shares, worth ₹737 crore will become eligible to be traded. The stock trades marginally below its IPO price of ₹369.
8 / 8
Motisons Jewellers | The last in this list is Motisons Jewellers, when its one-and-a-half year shareholder lock-in will end on Monday. 19.7 million shares worth close to ₹40 crore will be freed up for trade on Monday. The stock trades well below its IPO price of ₹55 per share.
