₹7,000 Crore Wave Ahead! Groww, Lenskart, and 5 Other Newly Listed Stocks Set for Action as Lock-ins End.
Seven recently listed companies are gearing up for a potentially active December as their shareholder lock-in periods come to an end. Based on current market prices, nearly ₹7,000 crore worth of shares will become eligible for trading.
It’s important to note that a lock-in expiry doesn’t guarantee immediate selling it simply means that the previously restricted shares can now be traded. Here’s a breakdown of the companies expected to see movement this month:
1. Groww
The market debutant which has already surged 94% above its issue price—will see its shareholder lock-in end on December 10. This will release 14.92 crore shares (around 2% of total equity). Groww listed on November 12 at a 14% premium, according to Nuvama’s alternative and quantitative research.
2. Lenskart Solutions
India’s top eyewear retailer will have 4 crore shares (approximately 2% equity) freed from its one-month lock-in on December 8. The Peyush Bansal led company entered the market on November 10 at a 3% discount to its issue price.
3. Urban Company
The home-services platform will see 4.15 crore shares (about 3% equity) become tradable as its three-month lock-in ends on December 15. The stock is currently trading 15% below its listing price of ₹162. Recently, Kotak Institutional Equities began coverage with a Sell rating.
4. Orkla India
Around 34 lakh shares (roughly 2% of equity) will become freely tradable on December 3 as the company’s one-month lock-in ends. Its ₹1,667 crore IPO received an overwhelming response, with overall subscription touching 48.7 times, largely driven by institutional investors.
5. Pine Labs
With the one-month lock-in ending on December 8, 3.97 crore shares (around 3% equity) will become available for trading. The ₹3,900 crore IPO debuted on November 14 at a 9.5% premium, backed primarily by institutional demand with 2.48× subscription.
6. Studds Accessories
The helmet maker will have 12 lakh shares (nearly 3% equity) unlocked on December 5. Earlier this year, Studds reported an 18% rise in net profit to ₹20.6 crore and a 6% jump in revenue to ₹154 crore.
7. Prostarm Info Systems
A major release is expected here 3.11 crore shares (a massive 53% of total equity**) will be freed as its multi-month lock-in expires on December 5. Listed on June 3, 2025, the stock debuted at ₹125, a 19% premium over the issue price.
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