Description

BSE announces the listing of 10,549,040 equity shares of Mehul Colours Limited following its IPO with various lock-in periods for different categories of shares.

Summary

BSE has announced the listing of 10,549,040 equity shares of Mehul Colours Limited following its Initial Public Offering (IPO). The shares are categorized into different tranches with varying lock-in periods, including anchor investor shares and regular IPO shares.

Key Points

  • Total shares listed: 10,549,040 equity shares
  • All shares are fully paid and in demat form
  • Multiple categories with different lock-in periods
  • Anchor investor shares have shorter lock-in periods (1-3 months)
  • Regular shares have lock-in periods ranging from 1-3 years
  • Share price band and other IPO details to be determined

Regulatory Changes

No specific regulatory changes mentioned in this listing circular.

Compliance Requirements

  • All shares must comply with respective lock-in periods
  • Anchor investors subject to specific lock-in restrictions
  • Company must maintain compliance with BSE listing requirements
  • Adherence to SEBI IPO regulations and disclosure norms

Important Dates

  • Lock-in start dates: July 31, 2025 and August 4, 2025
  • Lock-in end dates range from September 2, 2025 to August 10, 2028
  • Anchor investor lock-in expires: September 2, 2025 and November 1, 2025
  • Longest lock-in period expires: August 10, 2028

Impact Assessment

The listing adds a new equity security to BSE with a substantial share count of over 10.5 million shares. The staggered lock-in periods will create phased liquidity release over the next 3 years, with anchor investor shares becoming tradeable first. This structure is typical for IPOs and helps stabilize post-listing price discovery while protecting long-term investors.

Impact Justification

New equity listing with significant share count and varied lock-in periods affecting market liquidity