Laxmi Dental's 1-Year Lock-In Ends: 7.1 Million Shares Eligible for Trading

• The one-year lock-in period for Laxmi Dental Ltd. shares ends on Tuesday, January 20, making 7.1 million shares (13% of total equity) eligible for trading.
• These shares, valued at approximately ₹167 crore based on Monday's closing price, do not necessarily mean immediate sale but become available for trading.
• Promoters hold 41.7% stake, while mutual funds like ICICI Prudential, HDFC, and Kotak hold about 11% combined.
• Major public investors include Orbimed Asia (22.4%) and Goldman Sachs India Equity Portfolio (3.5%).
• The stock has fallen 60% from its post-listing high of ₹584 and 45% from its IPO price of ₹428, with experts anticipating increased volatility.

Why It Matters: Laxmi Dental's lock-in period ends, making 13% of shares eligible for trading amid significant stock decline.