According to the current rule issued by SEBI last year in August 2021, the lock-in period is brought down from 1 year to 6 months. This was done to entice more investors to invest their money in pre-IPO companies and startups. The lock-in period of Madbow Ventures Limited varies depending on which type of investor you are:
Foreign Venture Capital Investor - These investors have a lock-in period of 6 months from the procurement date of (Comapny Name) shares.
Alternative Investment Funds II - These investors don't have to serve any lock-in period.
Other investors - These investors include body corporate, retail, high net-worth individuals. The lock-in period for them is 6 months from the date of listing of Madbow Ventures Limited enlisted shares.