Currently, if most IPO proceeds are to be used for capital expenditure, then the lock-in for the promoters’ shares is 36 months. But if the IPO-bound company states that the objective is for loan repayments, then the lock-in is only for 18 months.
Broad-based domestic tailwinds to drive midcap outperformance: Daljeet Kohli
Daljeet Kohli of Roha Asset Managers LLP expresses strong optimism for the Indian domestic market, citing factors like rate cuts, increased liquidity, and a favorable