Description

BSE announces the listing details of 39,20,000 equity shares of Dhillon Freight Carrier Limited post SME IPO with lock-in periods ranging from October 2026 to October 2028.

Summary

BSE has announced the listing of 39,20,000 equity shares of Dhillon Freight Carrier Limited following the completion of its SME IPO. All shares are fully paid and in demat form, with varying lock-in periods. The shares are categorized into promotional holdings with lock-in dates ranging from October 2026 to October 2028, and IPO shares with no lock-in restrictions.

Key Points

  • Total shares listed: 39,20,000 equity shares
  • All securities are fully paid and in demat form
  • Five distinct share blocks with different distinctive number ranges
  • Lock-in periods apply to 25,20,000 shares (promotional holdings)
  • 14,00,000 shares are free from lock-in (IPO shares)
  • Lock-in start dates: September 26 and September 30, 2025
  • Lock-in end dates vary: October 14, 2026/2027/2028

Share Distribution Details

Share Block 1: 9,95,500 shares (DN: 1 to 9,95,500)

  • Lock-in: September 30, 2025 to October 14, 2026

Share Block 2: 7,30,500 shares (DN: 9,95,501 to 17,26,000)

  • Lock-in: September 30, 2025 to October 14, 2027

Share Block 3: 7,84,000 shares (DN: 17,26,001 to 25,10,000)

  • Lock-in: September 30, 2025 to October 14, 2028

Share Block 4: 10,000 shares (DN: 25,10,001 to 25,20,000)

  • Lock-in: September 26, 2025 to October 14, 2026

Share Block 5: 14,00,000 shares (DN: 25,20,001 to 39,20,000)

  • No lock-in (Free IPO shares)

Compliance Requirements

  • Shareholders must adhere to specified lock-in periods for restricted shares
  • Promotional holdings cannot be transferred before respective lock-in expiry dates
  • All shares are held in dematerialized form only

Important Dates

  • Lock-in Start Date (Blocks 1-3): September 30, 2025
  • Lock-in Start Date (Block 4): September 26, 2025
  • First Lock-in Expiry: October 14, 2026 (Blocks 1 & 4)
  • Second Lock-in Expiry: October 14, 2027 (Block 2)
  • Third Lock-in Expiry: October 14, 2028 (Block 3)

Impact Assessment

  • Limited market impact as this is a standard SME IPO listing
  • 35.7% of total shares (14,00,000) are immediately tradeable
  • 64.3% of shares (25,20,000) subject to lock-in restrictions
  • Staggered lock-in expiry reduces potential selling pressure on the market
  • Relevant primarily to IPO subscribers and existing shareholders of Dhillon Freight Carrier Limited

Impact Justification

Routine SME IPO listing announcement affecting only investors of Dhillon Freight Carrier Limited