14 companies’ lock-ins end, including SBI Funds
In short
14 companies are seeing shareholder lock-ins end this week, and the expected supply is nearly ₹3,000 crore. SBI Funds is among the names listed, and four companies were slightly below their issue price at last Friday’s close.
This could add shares to the market and affect prices. The reporting does not say exactly how much each stock may move or whether the selling will actually happen.
What the reporting says
14 companies, including SBI Funds, are set to see shareholder lock-ins end this week, bringing in supply worth nearly ₹3,000 crore. The source says 10 of the 14 names are trading above their issue price, while SBI Funds, Veegaland, LCC Projects and Pranav Constructions were marginally below issue price as of last Friday’s close. The reporting does not state the exact lock-in expiry dates for each name or the final market impact.
Why it matters
14 companies, including SBI Funds, are due to have shareholder lock-ins expire this week, with nearly ₹3,000 crore of potential supply mentioned. The source also says 10 of the 14 names are trading above issue price, while SBI Funds, Veegaland, LCC Projects and Pranav Constructions were slightly below issue price at last Friday’s close. The immediate market effect is uncertain because actual selling is not stated.