Description
Lock-in schedule and details for BlueStone Jewellery and Lifestyle Limited equity shares post-IPO listing.
Summary
BlueStone Jewellery and Lifestyle Limited has provided detailed lock-in information for its equity shares following IPO listing. The circular outlines lock-in periods for different categories of shareholders including promoters, AIF/VCF investors, ESOP holders, and anchor investors.
Key Points
- Total of 15,13,20,372 equity shares with varying lock-in periods
- Promoter shares locked-in for 6 months to 2 years from August 14, 2025
- Anchor investor shares locked-in for 30-90 days
- AIF/VCF shares have specific lock-in exemptions and conditions
- ESOP shares not subject to lock-in restrictions
Lock-in Categories and Periods
Promoter Lock-in:
- Various tranches locked from August 14, 2025 to February 14, 2026/2027
- Mix of 6-month and 2-year lock-in periods
AIF/VCF Lock-in:
- Oister India Scheme V: 4,26,137 shares locked until December 16, 2025
- Pratithi Growth Fund I: 6,90,000 shares locked until January 27, 2026
- Other AIF/VCF shares not under lock-in
Anchor Investor Lock-in:
- 67,04,953 shares locked for 30 days until September 12, 2025
- 67,04,957 shares locked for 90 days until November 11, 2025
Important Dates
- August 14, 2025: Primary lock-in start date for promoter shares
- September 12, 2025: 30-day anchor investor lock-in expires
- November 11, 2025: 90-day anchor investor lock-in expires
- December 16, 2025: Oister India Scheme V lock-in expires
- January 27, 2026: Pratithi Growth Fund lock-in expires
- February 14, 2026/2027: Various promoter lock-in periods expire
Impact Assessment
The staggered lock-in release schedule will gradually increase the tradable float of BlueStone shares. Initial trading liquidity may be limited due to significant portions being locked-in, with gradual improvement as lock-in periods expire over the next 6 months to 2 years.
Impact Justification
Important for investors to understand lock-in periods affecting share trading liquidity