Tata Tech, Flair Writing among 6 companies that will see lock-in expiry in next 1 month
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One month lock-in expiry
A total of 19 companies including Flair Writing, Tata Technologies, JSW Infra among others will see their pre-listing shareholder lock-ins lifted in the next one month. Here's what's at stake. Source: Alternative and Quantitative Research.
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Tata Technologies
About 7.9 million shares or 2% of total equity will be freed up in Tata Technologies towards the end of this month as the lock-in period for these shares ends on December 27.
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IREDA
State-owned IREDA will see about 100 million shares get freed from lock-in on December 24. This represents 4% of total equity in the company.
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Flair Writing
About 2.9 million shares or 3% equity will be out of lock-in in Flair Writing on December 28. The company's shares listed on the exchanges earlier this month on December 1.
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JSW Infra
JSW Infra, which made its debut on October 3, will see 52.9 million shares of 3% equity get freed up on December 26.
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Gandhar Oil Refinery
Gandhar Oil Refinery will see 4.4 million shares to come out of the lock-in period on December 28. This represents 5% equity in the company.
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Samhi Hotels
About 24.5 million shares of SAMHI Hotels will be freed from December 19 as the lock-in ends on December 18.