Paytm shares tumble 4% as lock-in period expires
Paytm shares have wiped off 72% of investors' wealth since listing, falling from IPO price of ₹2,150 to an intraday low of ₹605.80 today.
lock in period
November 2022
February 2022
Citi to sell Nykaa shares worth ₹250 crore via block deal; stock falls 7%
The lock-in period for Nykaa share expires today, which means promoters and investors can liquidate their pre-IPO stocks owned by them.
IPO nightmares for anchor investors!
Barring a handful of issues, gains for anchor investors post lock-in expiry have not been spectacular.
