This week, several companies which listed on the stock market after their initial public offerings over the last few months will see the end of their anchor lock‑in periods across different durations.
Under the three‑month lock‑in, Fujiyama Power Systems Ltd. will open fifty lakh shares (2%) and Tenneco Clean Air India with 14 million shares (3%) on Feb. 16, and Capillary Technologies Ltd. with thirty lakh shares (4%) on Feb. 17.
In the six‑month lock‑in group, Highway Infrastructure Ltd. will see 3.9 crore shares — amounting to a significant 54% — become available on Feb. 16.
Additionally, All Time Plastics Ltd. will release 10 lakh shares (2%), JSW Cement Ltd. will open 20 lakh shares (0.1%), and BlueStone Jewellery Ltd. will have 5.8 crore shares (36%) unlocked, all on Feb. 16.
For the one-month lock‑in category, Amagi Media Labs Ltd. will have 1.1 crore shares, representing 5% of its outstanding equity, released on Feb 18. The stock listed on Jan. 21 and is up 7% since.
The anchor lock-in period mandates that 50% of the shares allotted to anchor investors are locked for 90 days, while the remaining 50% are locked for 30 days. This period begins from the date of allotment. Once the lock-in period concludes, investors are free to sell their shares.
Typically, trading volumes for such stocks rise during the session, making prices volatile.
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