return to news
  1. Vikram Solar, Shreeji Shipping, Patel Retail, Gem Aromatics to see 3-month lock-in expiry on Nov 20; check details

Market News

Vikram Solar, Shreeji Shipping, Patel Retail, Gem Aromatics to see 3-month lock-in expiry on Nov 20; check details

Upstox

3 min read | Updated on November 20, 2025, 10:47 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

The expiry of the shareholder lock-in period makes the equity shares eligible for trading. However, it does not mean that all shares will be sold in the open market.

Around 93 lakh shares of Vikram Solar Ltd will become eligible for trading on November 20. | Image: Shutterstock

Around 93 lakh shares of Vikram Solar Ltd will become eligible for trading on November 20. | Image: Shutterstock

Shares of recently listed Vikram Solar, Gem Aromatics, Shreeji Shipping and Patel Retail are in focus on Thursday, November 20, as their three-month lock-in period ended.
Open FREE Demat Account within minutes!
Join now

The expiry of the shareholder lock-in period makes the equity shares eligible for trading. However, it does not mean that all shares will be sold in the open market.

CompanyPrice (As of 10:45 am)Change
Vikram Solar₹307.86+2.6%
Shreeji Shipping₹307.75-1.2%
Patel Retail₹217.62-0.48%
Gem Aromatics₹189+6%

Vikram Solar

Around 93 lakh shares of solar photovoltaic module manufacturer Vikram Solar Ltd became eligible for trading on November 20, according to Nuvama Alternative & Quantitative Research.

The stock had debuted at ₹338 apiece on the NSE, reflecting a premium of 1.81% over the issue price of ₹332.

The ₹2,079.37 crore IPO was a fresh issuance of shares aggregating to ₹1,500 crore and an offer for sale (OFS) of ₹579.37 crore. The issue was subscribed 54.63 times.

Shreeji Shipping

Shipping and logistics company Shreeji Shipping Global Ltd saw 24 lakh shares worth ₹75 crore free up for trade on Thursday on expiry of the three-month shareholder lock-in period.

The stock had listed at ₹270 apiece on the NSE at a premium of 7.14% over the IPO issue price of ₹252 per share.

The initial public offering was exclusively a fresh issuance of equity shares worth ₹410.71 crore. The IPO was subscribed 58.10 times.

Patel Retail

Around 9 lakh shares of retail supermarket chain Patel Retail became eligible for trade on Thursday at the end of the three-month shareholder lock-in period, accrording to Nuvama Alternative.

The ₹242.76 crore IPO consisted of new equity shares worth ₹217.21 crore and an OFS of ₹25.55 crore by promoters Dhanji Raghavji Patel and Bechar Raghavji Patel. The public offer was subscribed 95.70 times.

The stock had made a robust debut at ₹300 apiece, up 17.65% from the issue price of ₹255 per share.

Gem Aromatics

Speciality ingredients maker Gem Aromatics saw a total of 21 lakh shares, or 4% of its outstanding equity, free up for trade on November 20.

The stock listed at ₹333.10 on the NSE, a premium of 2.49% over the IPO issue price of ₹325.

The initial share sale, which aimed to raise ₹451.25 crore, was a combination of fresh issuance of shares valued at ₹175 crore and an OFS of 85 lakh shares worth ₹276.25 crore. The issue was subscribed to 30.27 times.


To add Upstox News as your preferred source on Google, click here.
SIP
Consistency beats timing.
promotion image

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

Next Story