Lock-In Period End: This stock, which has lost 60% from its 52-week high, will see its 1-year lock-in period end.:Lock-In Period End: Market experts believe that the end of the lock-in period may increase volatility in the stock in the near term and investors will now be keeping an eye on how much share actually comes into the market.

News Topical, Digital Desk : Lock-In Period End: Shares of recently listed Laxmi Dental Ltd. will be in focus on Tuesday, January 20. The one-year lock-in period for the company's shareholders ends today, making a large number of shares eligible for trading.

According to Nuvama Alternative & Quantitative Research, after the lock-in period ends, approximately 7.1 million shares of the company, or approximately 13% of the total equity, will become available for trading in the market. However, it is important to note that the end of the lock-in does not mean that all these shares will be immediately sold in the open market, but rather that they only become eligible for trading. Based on Monday's closing price, the total value of these shares that will be available for trading after the lock-in period ends is estimated to be approximately ₹167 crore.

Shareholding Pattern As of the December quarter, promoters held a 41.7% stake in Laxmi Dental. Among public shareholders, mutual funds held around 11%. These include ICICI Prudential Pharma Healthcare and Diagnostics Fund – 4.58%, HDFC Pharma and Healthcare Fund – 1.37%, and Kotak Healthcare Fund – 1.37%. Other major public investors include Orbimed Asia with a 22.4% stake and Goldman Sachs India Equity Portfolio with a 3.5% stake. Additionally, around 40,000 retail shareholders, with authorized share capital up to ₹2 lakh, hold an 8.2% stake in the company. This figure is higher than the 7.3% stake held by retail investors at the end of the September quarter.

Stock Performance Since hitting a post-listing high early last year, Laxmi Dental shares have seen a steady decline. The stock has lost nearly 60% from its post-listing high of ₹584 and nearly 45% from its IPO price of ₹428. Market experts believe that the expiry of the lock-in period could increase volatility in the stock in the near term, and investors will now be watching to see how much of the shares actually come to market.