Three stocks have their share lock-in periods ending on Tuesday; Details here
Yatra Online is still trading around its IPO price of ₹142 and is one of the very few listings of 2023 that are trading either below, or around their IPO price.
Shares of Yatra Online, Signature Global and Sai Silks Kalamandir will be in focus on Tuesday as shares of these companies have their respective three-month lock-in periods ending today.
Signature Global will see 4.1 million shares become eligible for trade once the lock-in period ends. The number of shares amounts to 3% of the company's outstanding equity.
The stock has more than doubled since it listed on September 27 this year, with returns of 122%. The stock had an IPO price of ₹385 per share.
Yatra Online will have the highest percentage of outstanding shares becoming eligible for trading once its lock-in period ends.
12.3 million shares or 8% of the company's outstanding equity will become eligible for trading today.
Yatra Online is still trading around its IPO price of ₹142 and is one of the very few listings of 2023 that are trading either below, or around their IPO price.
Sai Silks Kalamandir will also see 4.1 million shares or 3% of its outstanding equity become eligible for trading with the lock-in period ending.
The stock has gained 25% from its IPO price since it was listed in September this year.
It must be clarified that lock-in periods ending does not necessarily mean that the shares will be sold in the open market. Lock-in periods ending only means that they will become eligible for trade.
First Published: Dec 26, 2023 8:55 AM IST
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