Investors' patience will now be tested after a record IPO in November
- In November, 10 companies raised a record Rs. 5,000 crore collected Share prices fluctuate when anchor investors start selling their shareholdings at the end of a 90-day lock-in period in an IPO allotment. According to the EPO, November was a bumper month in which 10 companies lost a record Rs. 2,119 crore. However, December will test the patience of investors who invest in stocks of these companies as the one-month mandatory lock-in period for anchor investors is coming to an end this month. As per SEBI rules, shares allotted to anchor investors are locked for 90 days from the date of allotment so they cannot sell the shares allotted to them during this period. Anchor Investors are large companies that invest heavily in IPOs. Stock prices fluctuate when anchor investors start selling their shares at the end of a 90-day lock-in period in an IPO allotment. The anchor investors' lock-in period of 10 IPOs in November is coming to an end in December. These companies include Naya...