Laxmi Dental Shares: 13% Equity Lock-in Ends Today Amidst 60% Drop

• Laxmi Dental shares will be in focus today, January 20, as a one-year shareholder lock-in period concludes.
• Approximately 7.1 million shares, or 13% of the outstanding equity, will become eligible for trading.
• The value of these newly tradable shares is estimated at ₹167 crore based on Monday's closing price.
• The stock has plummeted 60% from its 52-week high of ₹584 and 45% from its IPO price of ₹428.
• Promoters hold 41.7% stake, while Mutual Funds (11%) and retail shareholders (8.2%) are significant public holders.

Why It Matters: Laxmi Dental faces potential selling pressure as 13% of its equity lock-in ends today after a significant stock drop.