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Will the shares of these companies including Nykaa, Paytm disappoint again in November?, due to this the decline may deepen


The lock-in period in Nykaa shares will be completed on November 10 and in Delhivery shares on November 24.
The lock-in period will end on November 15 in the policy market, November 18 in Paytm.
PE/VC shareholders can consider exiting a portion of their holdings.

Mumbai. If you have shares of Nykaa, Policybazaar, Paytm and Delhivery and you are worried about the continuous decline in them, then now you need to be more cautious. Because this month the lock-in period of big investors is going to end in 159.67 crore shares of these four companies. Market experts believe that retail investors should be careful while trading in these stocks.

According to the news of Moneycontrol, the lock-in period in the shares of these four companies will end in November and at present the total value of these shares is more than Rs 87,000 crore, while the combined size of their IPO was around Rs 34,600 crore.

Big investors can sell
In such a situation, after the lock-in period is over, PE/VC shareholders can consider exiting a part of their holdings. In fact, till now these investors could not sell the shares due to this time limit. Since there will be no such restriction after the lock-in period is over. The lock-in period will be completed on November 10 in Nykaa stock, November 15 in PB Fintech i.e. Policy Bazaar, November 18 in Paytm and November 24 in Delhivery shares.

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But these big investors are expected to stick with their investments so that retail investors do not get scared. Because these four stocks are falling continuously. They have lost an average of 19 per cent in the past one month, while the Sensex and Nifty indices have gained more than 4 per cent in the same period.

Keep an eye on the trading of these shares
Sameer Arora, Founder and Fund Manager, Helios Capital said, “I don’t think PE funds will sell their shares in one go. Looking at the current market environment and finding buyers for these stocks will be difficult. However, out of the total shares of Rs 87,000 crore, we will be able to pull out Rs 5,000-10,000 crore from the shares.”

“Furthermore, public market investors should carefully look at the track record of any PE/VC selling their stake in these companies. Is any investor constantly selling shares in the market which fall further after their exit?”

Nykaa, Policy Bazaar, Paytm and Delhivery had raised more than Rs 34,600 crore from the market through IPO. Contrary to the expectation of the investors, all these shares got beaten up badly after listing and the investors have suffered heavy losses. Presently, the share price of Nykaa is Rs 1108, whereas it was listed at Rs 2018 and made a high of Rs 2573.70. Similarly, the share price of Policy Bazaar is Rs 376. Its listing was Rs 1150 and it made an all-time high of Rs 1470. At the same time, Paytm and Delhivery have also disappointed investors.

Tags: business news, Investment, Paytm, stock market



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