News

It is important to note that the expiry of the lock-in period does not necessarily mean all these shares will be sold in the open market, but they will become eligible for trading. Here’s a look at the list:About 18.51 crore shares of eight companies, worth ₹10,197.23 crore, will become eligible for trading on Monday, March 30, as their respective shareholder lock-in periods end. It is important to note that the expiry of the lock-in period does not necessarily mean all these shares will be sold in the open market, but they will become eligible for trading. Here’s a look at the list:Shringar House of Mangalsutra | The IPO will see 5.28 crore shares, or 55% of its outstanding equity, become eligible for trading as its six-month and beyond shareholder lock-in ends on Monday. At the current market price, shares worth ₹955.68 crore will become eligible for trading. The stock is up 10% from its IPO price and ended 5.05% lower on Friday at ₹181.Manba Finance | The stock will see 1.01 crore shares, or 20% of its outstanding equity, worth ₹103.02 crore become eligible for trading as its six-month and beyond shareholder lock-in ends on Monday. The stock is down 15% from its IPO price and ended 6.16% lower on Friday at ₹102.Jaro Institute of Technology | The company will see 1.21 crore shares, or 55% of its outstanding equity, become eligible for trading on March 30 as its six-month and beyond shareholder lock-in ends. At the current price, these shares are valued at ₹515.40 crore. The stock has fallen 52% from its IPO price of ₹890 and ended 9.11% lower on Friday at ₹425.95.Ganesh Consumer Products | The IPO will see 1.96 crore shares, or 49% of its outstanding equity, become eligible for trading as its six-month and beyond shareholder lock-in ends on Monday. At current prices, these shares are worth ₹324.67 crore. The stock is down 49% from its IPO price of ₹322 and ended 0.89% lower on Friday at ₹165.65.Atlanta Electricals | The company will see 5.23 crore shares, or 68% of its outstanding equity, become eligible for trading on March 30 as its six-month and beyond shareholder lock-in ends. At the current price, these shares are valued at ₹6,485.20 crore. The stock is down 64% from its IPO price of ₹754 and ended 3.68% higher on Friday at ₹1,240.Anand Rathi Share and Stock Brokers | The stock will see 3.16 crore shares, or 50% of its outstanding equity, worth ₹1,382.50 crore become eligible for trading as its six-month and beyond shareholder lock-in ends on Monday. The stock is down 6% from its IPO price of ₹414 and ended 4.51% lower on Friday at ₹437.50.PNGS Reva Diamond Jewellery | The company will see 0.22 crore shares, or 7% of its outstanding equity, become eligible for trading on March 30 as its one-month shareholder lock-in ends. At the current price, these shares are valued at ₹77 crore. The stock is down 9% from its IPO price of ₹386 and ended 3.59% lower on Friday at ₹350.Clean Max Enviro Energy Solutions | The company will see 0.44 crore shares, or 4% of its outstanding equity, become eligible for trading on March 30 as its one-month shareholder lock-in ends. At the current price, these shares are valued at ₹353.76 crore. The stock is down 24% from its IPO price of ₹1,053 and ended 3.76% lower on Friday at ₹804.Disclaimer: 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.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.