New Delhi, Dec. 22 -- Shares of 16 companies, with a combined valuation exceeding Rs.11,900 crore, will free up for trade this shortened week as their shareholder lock-in periods expire, according to Nuvama Alternative.

However, shares of 10 of the 16 companies are currently trading below their IPO prices, while one is trading exactly at its issue price as of Friday's close.

Four companies-VMS TMT, IValue Infosolutions, International Gemmological Institute, and BLS E-Services-are set to witness the expiry of their respective shareholder lock-in periods on Monday.

VMS TMT: Around 1.4 million shares, representing 3% of the company's outstanding equity and valued at Rs.7.28 crore, will become available for trading following the end of its...