NSDL, two other stocks see shareholder lock-in periods end on Monday. Details here
Published on 02/11/2025 02:05 PM
NSDL, two other stocks see shareholder lock-in periods end on Monday. Details hereNSDL will see 7.5 million shares become eligible for trade once the lock-in period ends. The number of shares amounts to 4% of the company's outstanding equity.By Meghna Sen November 2, 2025, 2:05:35 PM IST (Published)2 Min ReadShares of National Securities Depository Ltd. (NSDL), Sri Lotus Developers and Realty Ltd. and M&B Engineering Ltd. will be in focus on Monday, November 3, as shares of these companies have their respective lock-in periods ending, according to a note by Nuvama Alternative and Quantitative Research.
NSDL will see 7.5 million shares become eligible for trade once the lock-in period ends. The number of shares amounts to 4% of the company's outstanding equity.
Based on the current market price, the number of shares that will free up for trading as the lock-in period ends, are valued at nearly ₹870 crore.
Shares of NSDL continue to trade above their IPO price of ₹800. The stock has made a post-listing high of ₹1,425 within the first few sessions of listing, before correcting marginally from those levels.
Shares of NSDL settled 1.16% lower on Friday at ₹1,158.55. The stock remains 45% above its IPO price of ₹800.
Sri Lotus Developers will see 7.9 million shares or 2% of its outstanding equity become eligible to trade with its three-month shareholder lock-in ending on Monday.
At the current market price, shares worth ₹144 crore will become eligible to trade from Monday. The stock is up close to 22% from its IPO price.
M&B Engineering will see the unlocking of 3.8 million shares or 7% of its outstanding equity become eligible for trade tomorrow, when its three-month shareholder lock-in ends. At the current price, the number of shares that become eligible for trading are worth ₹172 crore in value.
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.Continue ReadingNote To ReadersDisclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsIPONSDLShareholder Lock-In