New Delhi, Jan. 7 -- E-commerce firm Meesho came under selling pressure in Wednesday's session, January 7, with its shares falling 5% to the lower price band of Rs.173 apiece on the NSE, as the supply of shares in the secondary market spiked following the expiration of the one-month shareholder lock-in period.
The one-month lock-in period for pre-IPO investors who had invested in the company before its public listing in December 2025 ended today, making up to 109.9 million equity shares, or 2% of the company's outstanding equity, eligible for trading after the expiry of the lock-in period, CNBC-TV18 quoted Nuvama Alternative and Quantitative Research as saying.
A lock-in period in an IPO refers to a predetermined timeframe during which ...
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