Description

BSE announces the listing of 2,28,55,350 equity shares of INDO SMC LIMITED with various lock-in periods ranging from February 2026 to January 2029.

Summary

BSE has listed 2,28,55,350 equity shares of INDO SMC LIMITED in demat form. The listing includes shares under various categories: promoter lock-in shares, anchor investor shares, and public IPO shares. Different tranches have lock-in periods expiring between February 2026 and January 2029.

Key Points

  • Total shares listed: 2,28,55,350 equity shares in demat form
  • 45,71,070 shares with lock-in until January 26, 2029 (distinctive numbers 1 to 45,71,070)
  • 45,39,465 shares with lock-in until January 26, 2028 (distinctive numbers 45,71,071 to 91,10,535)
  • 75,73,815 shares with lock-in until January 26, 2027 (distinctive numbers 91,10,536 to 1,66,84,350)
  • 8,74,000 anchor investor shares with lock-in until February 17, 2026 (distinctive numbers 1,66,84,351 to 1,75,58,350)
  • 8,82,000 anchor investor shares with lock-in until April 18, 2026 (distinctive numbers 1,75,58,351 to 1,84,40,350)
  • 44,15,000 fully paid-up IPO shares without lock-in (distinctive numbers 1,84,40,351 to 2,28,55,350)
  • All shares are held in demat form

Regulatory Changes

No regulatory changes. This is a standard listing notification following IPO procedures.

Compliance Requirements

  • Lock-in shares cannot be transferred until their respective lock-in expiry dates
  • Promoter shares remain locked-in for periods ranging from 1 to 3 years as per SEBI IPO guidelines
  • Anchor investor shares have lock-in periods of approximately 1 month and 3 months as per regulations
  • All shares must remain in demat form

Important Dates

  • February 17, 2026: Lock-in expiry for first tranche of anchor investor shares (8,74,000 shares)
  • April 18, 2026: Lock-in expiry for second tranche of anchor investor shares (8,82,000 shares)
  • January 26, 2027: Lock-in expiry for third tier promoter shares (75,73,815 shares)
  • January 26, 2028: Lock-in expiry for second tier promoter shares (45,39,465 shares)
  • January 26, 2029: Lock-in expiry for first tier promoter shares (45,71,070 shares)

Impact Assessment

Market Impact: The listing enables trading of INDO SMC LIMITED shares on BSE. Approximately 19.3% of shares (44,15,000 shares) are freely tradable immediately, while the remaining shares are under various lock-in periods. This staggered release of locked-in shares over the next 3 years will gradually increase the free float.

Liquidity Impact: Initial liquidity will be limited to the non-locked-in IPO shares. Liquidity will improve progressively as anchor investor and promoter lock-ins expire in phases.

Investor Impact: Investors can now trade INDO SMC LIMITED shares on BSE, subject to lock-in restrictions for certain categories of shareholders. The long lock-in periods for promoter shares (up to 3 years) indicate regulatory commitment to stability.

Impact Justification

Standard IPO listing announcement with lock-in requirements for promoters and anchor investors. Medium impact as it enables trading of newly listed company shares with specific lock-in constraints.