IPO market gets reality check as  billion stock lockups expire – The Times of India

IPO market gets reality check as $4 billion stock lockups expire – The Times of India

The country’s newest stocks joined a broader market selloff in the country as sale restrictions on about $4 billion of such shares expired on Monday.That’s adding pressure to a stock market already down $1 trillion in value since mid-Dec. Lockups in FirstCry operator BrainBees Solutions, Ceigall India, Ola Electric Mobility and Unicommerce eSolutions were among…

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