What does one mean by ‘lock-in’ in IPO terms? |
What does one mean by ‘lock-in’ in IPO terms? Posted: 05 Feb 2010 12:55 AM PST What does one mean by ‘lock-in’? Lock-in refers to a freeze on the shares. Sebi guidelines have stipulated lock-in requirements on shares of promoters primarily to ensure that the promoters, who are controlling the company, shall continue to hold some minimum percentage in the company... Read More... |
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