Description
Lock-in schedule for GNG Electronics Limited equity shares following IPO listing, with various lock-in periods for different categories of shareholders.
Summary
GNG Electronics Limited has listed its equity shares on BSE with detailed lock-in arrangements for different categories of shareholders. The company has a total of 11,40,11,517 equity shares with varying lock-in periods ranging from 30 days to 2 years depending on the shareholder category.
Key Points
- Total equity shares: 11,40,11,517 shares in demat form
- Promoter shares: 2,28,02,310 shares locked-in for 2 years (until 28-Jan-2027)
- Pre-IPO investors: 7,17,81,570 shares locked-in for 1 year (until 28-Jan-2026)
- Public issue shares: 1,10,49,347 shares with no lock-in restrictions
- Anchor investor shares: 58,28,290 shares with differentiated lock-in periods
- Company registered office: Unit No. 415, Hubtown Solaris, N.S. Phadke Marg, Andheri (East), Mumbai - 400 069
Regulatory Changes
No regulatory changes introduced. This is a standard IPO listing notification with prescribed lock-in requirements as per SEBI regulations.
Compliance Requirements
- Company must maintain accurate records of lock-in shares
- Shareholders cannot trade locked-in shares until respective lock-in periods expire
- Company Secretary to ensure compliance with lock-in restrictions
- Demat form mandatory for all equity shares
Important Dates
- Listing Date: 29-Jul-2025
- Anchor Investor Lock-in (30 days): Until 26-Aug-2025 for 29,14,142 shares
- Anchor Investor Lock-in (90 days): Until 25-Oct-2025 for 29,14,148 shares
- Pre-IPO Lock-in expiry: 28-Jan-2026
- Promoter Lock-in expiry: 28-Jan-2027
Impact Assessment
Medium impact on market liquidity as approximately 89.31% of total shares are under various lock-in periods. Only 1,10,49,347 shares (9.69%) from public issue are immediately available for trading. Gradual unlock of shares will increase trading liquidity over time, with significant releases expected in August 2025 (anchor investors) and January 2026 (pre-IPO investors).
Impact Justification
Standard IPO listing with lock-in details affecting trading liquidity for specific shareholder categories