The lock-in period of Global Surfaces, Sai Silks (Kalamandir), JSW Infrastructure, Platinum Industries and Exicom Telesystems opened on Monday with the stocks of all five companies ending the session in green
The value pertains to the total lock-up opening shares and it is important to note that not all of these shares will come for sale as a sizable portion of these shares are also held by promoters and groups.
Bharat Highways Invit, RK Swamy, JG Chemicals, Gopal Snacks, Popular Vehicles & Services and Krystal Integrated Services are some of the counters where the one-month lock-ins get lited in April, as per a study by Nuvama Institutional Equities.
Bharat Highways Invit s IPO debuts on NSE with a 1.1% premium and 8 times subscription. The company plans to use the proceeds to repay debt. The IPO is valued at Rs 2,500 crore.