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Nexus Select Trust IPO Lockup Expiry - US$1.5bn Stake Comes Free. Will Likely Be a Coordinated Exit

140 Views15 May 2024 10:25
Nexus Select Trust (NST IN) raised around US$391m in its India IPO in May 2023. The company's pre-IPO shareholders will be released from their lockup soon.
What is covered in the Full Insight:
  • Quick IPO recap
  • Lock-up dynamics
  • Recent updates
  • Acquisition plans
  • Concluding thoughts
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Sumeet Singh
Head of Research, IPOs & Placements
Aequitas Research
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