NSDL, two other stocks see shareholder lock-in periods end on Monday. Details here

Shares of National Securities Depository Ltd. (NSDL), Sri Lotus Developers and Realty Ltd. and M&B Engineering Ltd. will be in focus on Monday, November 3, as shares of these companies have their respective lock-in periods ending, according to a note by Nuvama Alternative and Quantitative Research.

NSDL will see 7.5 million shares become eligible for trade once the lock-in period ends. The number of shares amounts to 4% of the company's outstanding equity.

Based on the current market price, the number of shares that will free up for trading as the lock-in period ends, are valued at nearly ₹870 crore.

Shares of NSDL continue to trade above their IPO price of ₹800. The stock has made a post-listing high of ₹1,425 within the first few sessions of listing, before correcting marginally from those levels.

Shares of NSDL settled 1.16% lower on Friday at ₹1,158.55. The stock remains 45% above its IPO price of ₹800.

Sri Lotus Developers will see 7.9 million shares or 2% of its outstanding equity become eligible to trade with its three-month shareholder lock-in ending on Monday.

At the current market price, shares worth ₹144 crore will become eligible to trade from Monday. The stock is up close to 22% from its IPO price.

M&B Engineering will see the unlocking of 3.8 million shares or 7% of its outstanding equity become eligible for trade tomorrow, when its three-month shareholder lock-in ends. At the current price, the number of shares that become eligible for trading are worth ₹172 crore in value.

It must be clarified that lock-in periods ending does not necessarily mean that the shares will be sold in the open market. Lock-in periods ending only means that they will become eligible for trade.