Shareholder Lock-in: Urban Company, ICICI Prudential AMC Among Companies to Become Eligible for Trading This Week More than 100 crore shares across nine recently listed companies are set to become eligible for trading this week as their respective shareholder lock-in periods expire. Among the companies where shares will become tradable are Urban Company, ICICI Prudential Asset Management Co, Aye Finance, and Fractal Analytics. However, the end of the lock-in period does not guarantee that all eligible shares will be sold in the open market. It simply means they are now available for trading. The list of companies includes Park Medi World, which will see 8.5 million shares, or 2% of its outstanding equity, become tradable on March 16. The stock closed 2.97% lower on Friday at ₹192.80, trading 19% above its IPO price of ₹162. Nephrocare Health Services will have 2.8 million shares, or 3% of its equity, eligible for trade on the same day. Its shares ended 4.01% lower at ₹537.55, currently trading 17% above its IPO price of ₹460. Fractal Analytics is another company with a lock-in period ending on March 16. A total of 6.9 million shares, or 4% of its equity, will become tradable. The stock is currently trading 12% below its IPO price of ₹900. Aye Finance’s one-month lock-in period will expire on March 16, making 17.6 million shares, or 7% of its equity, eligible for trade. Urban Company’s six-month and beyond lock-in period ends on March 17, resulting in 940.9 million shares, or 66% of its equity, becoming tradable. The stock is currently trading 7% above its IPO price of ₹103. ICICI Prudential Asset Management Co’s three-month lock-in period will also end on March 17, with 7 million shares, or 1% of its equity, becoming eligible for trade. The stock is trading 33% above its IPO price of ₹2,165.#fractal_analytics #urban_company #park_medi_world #aye_finance #icici_prudential_amc
