There are 10 stocks that will see the restrictions placed on anchor investors' share sell lifting in December. Traditionally, such stocks on an average have seen price declining on the anchor opening date and further decline have been witnessed in such shares in the next five trading sessions. From December 8 onwards, there are 10 such stocks that will see anchor investors deadline to sell share being lifted.  

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These stocks are FSN Ecommerce Ventures, FINO Payments Bank, SJS Enterprises, PB Fintech, Sigachi Industries, One 97 Communications, Sapphire Foods, Latent View Analytics, Tarsons Products and Go Fashion.  

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FSN Ecommerce Ventures shares, which will see anchor investors 30-day lock-in period expiring tomorrow, December 8, 2021, have been trading flat on BSE at Rs 2187.30, down Rs 4 per share in Monday's intraday trade. Refer to the table below for stocks that will see anchor investors lock-in unravelling this month

As many as 51 stocks have gone public so far this year, of which lock-in restrictions of anchor investors in 41 issuances have already elapsed.  

With the time deadline for selling such securities being lifted, as many as 76% of 41 issuances have experienced selling pressure on the anchor lock-in opening dates, and the average decline has been 2.6%, said an Edelweiss report.  

In 25 out of 41 such stocks, the issues declined by 2.2% on the day of the anchor opening date, while as many as 61% of such issues traded 3.9% down after five days of the anchor opening date, said the report.  

As per the same report, as many as 10 IPOs mopped up a whopping Rs 361bn on aggregate. 

Who is an anchor investor?  

As per Ministry of Corporate Affairs, a Qualified Institutional Buyer (QIB) is an anchor investor, who make an application of a value of at least Rs 10 crore in a public issue. There shall be a lock-in of 30 days on the shares allotted to the anchor investor from the date of allotment in the public issue.

Allocation to anchor investors shall be on a discretionary basis and subject to the conditions laid down by the ministry and the Securities Exchange Board of India (SEBI).