Description

Lock-in details for 6.78 crore equity shares of KSH International Limited following IPO listing, with various lock-in periods ranging from 30 days to 3 years.

Summary

BSE has published lock-in details for KSH International Limited’s equity shares following their IPO listing. The circular provides comprehensive lock-in information for 6,77,55,700 equity shares held in demat form, with various lock-in periods applicable to different categories of shareholders including anchor investors, promoters, and public shareholders.

Key Points

  • Total equity shares covered: 6,77,55,700 (all in demat form)
  • Anchor investor shares: 55,46,874 shares with differentiated lock-in periods
  • 27,73,435 anchor investor shares locked-in for 30 days until January 17, 2026
  • 27,73,439 anchor investor shares locked-in for 90 days until March 18, 2026
  • Promoter/pre-IPO shares have lock-in periods ranging from 1 year to 3 years
  • 1,06,90,123 shares allotted to public have no lock-in restrictions
  • Company registered office located in Pune, Maharashtra
  • Lock-in details provided as per page 97-99 of the company’s prospectus

Regulatory Changes

No regulatory changes introduced. This is a standard disclosure complying with existing SEBI IPO lock-in regulations.

Compliance Requirements

  • KSH International Limited must ensure locked-in shares are not transferred or pledged during the specified lock-in periods
  • Depositories (NSDL/CDSL) will enforce lock-in restrictions on the specified demat shares
  • Company Secretary must maintain accurate records of lock-in schedules
  • No action required from public shareholders whose shares are not under lock-in

Important Dates

  • December 19, 2025: Lock-in commencement date for most categories
  • January 17, 2026: Lock-in expiry for 30-day anchor investor shares (1,69,260 + 1,69,260 + 1,23,688 + 1,23,689 shares)
  • March 18, 2026: Lock-in expiry for 90-day anchor investor shares (24,80,487 + 24,80,490 + 1,23,689 shares)
  • June 21, 2026: Lock-in expiry for certain promoter shares (1-year lock-in)
  • December 21, 2026: Lock-in expiry for multiple tranches of promoter shares (1-year lock-in)
  • December 21, 2028: Lock-in expiry for long-term locked shares (3-year lock-in)
  • Circular Date: December 19, 2025

Impact Assessment

Market Impact: Minimal immediate impact. Lock-in schedules are standard post-IPO formalities that provide transparency about share availability for trading.

Liquidity Impact: 5,70,65,577 shares (84.2%) are under various lock-in periods, limiting immediate tradable float to public allotment of 1,06,90,123 shares plus anchor shares post their respective lock-in periods.

Investor Impact: Public investors face no restrictions. Anchor investors and promoters must comply with specified lock-in timelines. Staggered unlock dates (January, March, June 2026, and December 2026/2028) will gradually increase available float.

Compliance Impact: Routine disclosure requirement with no additional compliance burden beyond standard post-listing obligations.

Impact Justification

Routine IPO listing lock-in disclosure with no immediate market impact; informational notice for compliance purposes