Thank you @StonePitbull this is super helpful. just to summarize
-
For anchor investors who buys in the IPO which is just one day before it opens for general subscription – lock-in 30 days (which is now 90 days i believe)
-
For VC’s or the promoter: lock-in period is one year.
As per some articles, it is mentioned that one year period is applicable for companies which does not have an identified promoter. I believe it should be applicable for promoter held entities as well ?
Subscribe To Our Free Newsletter |