Description
Lock-in details for 162.9 million equity shares of Shreeji Shipping Global Limited with varying lock-in periods from 30 days to 3 years.
Summary
Shreeji Shipping Global Limited has listed 162,918,254 equity shares on BSE with detailed lock-in arrangements. The shares include various categories with lock-in periods ranging from 30 days for anchor investors to 3 years for promoter shares, with 11.4 million shares available for immediate trading.
Key Points
- Total equity shares listed: 162,918,254
- Promoter shares under 3-year lock-in: 32,583,652 shares
- Major block under lock-in until August 2028: 103,773,184 shares
- Anchor investor shares with 30-day lock-in: 2,444,700 shares (until September 20, 2025)
- Anchor investor shares with 90-day lock-in: 2,444,700 shares (until November 19, 2025)
- Immediately tradeable shares: 11,408,600 shares
- All shares are in demat form
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Lock-in compliance as per IPO prospectus pages 109-115
- Anchor investor lock-in periods must be observed
- Demat form mandatory for all shares
Important Dates
- August 22, 2025: Lock-in start date for multiple categories
- September 20, 2025: 30-day anchor investor lock-in expires
- November 19, 2025: 90-day anchor investor lock-in expires
- February 24, 2026: Lock-in expires for 10,263,418 shares
- August 24, 2026: Lock-in expires for another tranche
- August 24, 2028: Final lock-in expiry for largest block
Impact Assessment
Limited immediate trading liquidity with only 7% of shares (11.4 million) available for trading. Gradual increase in tradeable float as lock-in periods expire, with significant liquidity improvement expected from September 2025 onwards as anchor investor restrictions lift.
Impact Justification
New listing with significant lock-in arrangements affecting trading liquidity