Description

BSE circular detailing the listing of equity shares for Goel Construction Company Limited with distinctive number ranges and lock-in periods.

Summary

BSE has issued a circular regarding the listing of equity shares of Goel Construction Company Limited. The circular provides details of distinctive number ranges for various categories of shares, including both locked-in and freely tradeable securities.

Key Points

  • Total of 1,44,49,600 equity shares being listed
  • Majority of shares (1,17,03,600) are subject to lock-in restrictions
  • Only 27,46,000 shares are freely tradeable
  • All securities are in demat form
  • Lock-in periods vary from 3 months to 3 years

Share Categories

Locked-in Securities:

  • 33,000 shares: Lock-in from Sep 2, 2025 to Sep 8, 2027 (2 years)
  • 10,41,600 shares: Lock-in from Sep 2, 2025 to Sep 8, 2026 (1 year)
  • 37,82,940 shares: Lock-in from Sep 3, 2025 to Sep 8, 2026 (1 year)
  • 28,94,140 shares: Lock-in from Sep 3, 2025 to Sep 8, 2027 (2 years)
  • 28,89,920 shares: Lock-in from Sep 3, 2025 to Sep 8, 2028 (3 years)
  • 5,30,400 shares: Lock-in from Sep 5, 2025 to Oct 4, 2025 (1 month)
  • 5,31,600 shares: Lock-in from Sep 5, 2025 to Dec 3, 2025 (3 months)

Free Securities:

  • 27,46,000 shares: Fully paid and freely tradeable

Important Dates

  • Lock-in commencement: September 2-5, 2025
  • Lock-in expiry dates: Range from October 4, 2025 to September 8, 2028
  • Various lock-in periods: 1 month, 3 months, 1 year, 2 years, and 3 years

Impact Assessment

The listing will provide limited immediate trading liquidity as approximately 81% of shares are subject to lock-in restrictions. The staggered release of locked-in shares over different time periods may create periodic increases in available float, potentially affecting share price dynamics as lock-in periods expire.

Impact Justification

Standard equity listing with significant lock-in periods affecting trading liquidity