Description
BSE announces the listing of 12,435,000 equity shares of Sunsky Logistics Limited following its IPO, with various lock-in periods applicable to different tranches.
Summary
BSE has listed 12,435,000 fully paid equity shares of Sunsky Logistics Limited following its Initial Public Offering (IPO). The shares are held in demat form with different lock-in periods applicable to various tranches, ranging from free float to lock-ins extending until October 2028.
Key Points
- Total securities listed: 12,435,000 equity shares
- All securities are fully paid and in demat form
- Four distinct tranches with different lock-in provisions
- 3,660,000 shares are free from lock-in restrictions
- Remaining shares have staggered lock-in periods
Security Details
Tranche 1: 2,500,000 shares (Distinctive Numbers 1 to 2,500,000)
- Lock-in period: 27.09.2025 to 14.10.2028
Tranche 2: 2,663,650 shares (Distinctive Numbers 2,500,001 to 5,163,650)
- Lock-in period: 27.09.2025 to 14.10.2027
Tranche 3: 3,611,350 shares (Distinctive Numbers 5,163,651 to 8,775,000)
- Lock-in period: 27.09.2025 to 14.10.2026
Tranche 4: 3,660,000 shares (Distinctive Numbers 8,775,001 to 12,435,000)
- No lock-in restrictions (Free)
Important Dates
- Lock-in start date (Tranches 1-3): September 27, 2025
- Lock-in expiry (Tranche 3): October 14, 2026
- Lock-in expiry (Tranche 2): October 14, 2027
- Lock-in expiry (Tranche 1): October 14, 2028
Impact Assessment
This is a standard IPO listing with minimal market impact. The staggered lock-in structure ensures gradual release of promoter/investor holdings over a three-year period, providing stability to the stock price. Approximately 29.4% of shares are freely tradable immediately upon listing.
Impact Justification
Routine IPO listing announcement for a single company with standard lock-in provisions