Between January 11 and April 15, 2024, 54 companies will see their IPO shareholder lock-in periods end, releasing shares worth $13.52 billion. Here’s a summary of the companies with lock-ins ending in January.
IPO Lock-in Expiry
1. India Shelter Finance
With the release of 3.7 million shares, the lock-in period for India Shelter Finance ends, allowing for increased market activity.
2. DOMS Industries
On January 17, DOMS Industries’ lock-in concludes, freeing up 3.4 million shares for trading.
3. INOX India
INOX India’s lock-in period ends, putting 3.3 million shares into circulation starting January 18.
4. Motisons Jewellers
Motisons Jewellers will see its lock-in period end, releasing 3.3 million shares into the market.
5. Happy Forgings
On January 22, Happy Forgings concludes its lock-in, making 2 million shares available for trading.
6. Credo Brands
Credo Brands’ lock-in expiration on January 22 frees 3 million shares for market transactions.
7. Suraj Estate Developers
The lock-in period for Suraj Estate Developers ends, and 1.7 million shares will be released into the market on January 21.
8. Muthoot Microfinance
Muthoot Microfinance’s lock-in period concludes, freeing up 5 million shares for trading on January 22.
9. RBZ Jewellers
RBZ Jewellers’ lock-in expiration on January 22 makes 1 million shares available for trading.
10. Azad Engineering
With the lock-in ending on January 25, Azad Engineering will have 2 million shares available for market activities.
11. Innova Captab
Innova Captab’s lock-in period concludes on January 26, releasing 2 million shares into the market.
