Now Reading: 45 IPO lock-ins to expire, unlocking shares worth $7.6 billion
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45 IPO lock-ins to expire, unlocking shares worth $7.6 billion
MUMBAI: Shares worth $7.6 billion from 45 recently listed companies are set to become tradable between August 12 and September-end as post-IPO lock-in periods expire, according to data compiled by Nuvama Alternative…
The Story in Brief
MUMBAI: Shares worth $7.6 billion from 45 recently listed companies are set to become tradable between August 12 and September-end as post-IPO lock-in periods expire, according to data compiled by Nuvama Alternative & Quantitative Research. The largest unlocks include JSW Infrastructure ($1.48 billion), JSW Cement ($848 million), Fractal Analytics ($745 million), and Shreeji Shipping Global ($731 million).
The lock-in expiry allows promoters, anchor investors, and pre-IPO shareholders to sell holdings, though the Economic Times notes this may not automatically trigger sales. Stocks with lock-ins exceeding six months could see reduced overhang from private equity and early investors, improving public float and index inclusion chances, said Abhilash Pagaria, head of Nuvama Alternative & Quant Research.
The Indian Opinion
Stories of massive IPO lock-in expiries often trigger panic about a supply glut crashing stock prices. That narrative ignores that many holders, especially anchor investors and promoters, are not guaranteed sellers. The real test is not the unlock date but the actual block deals and promoter filings in the weeks after. Watch the volume spikes and the share of pledged holdings being freed. Until then, this is a number in a spreadsheet, not a market event.
Source: economictimes.indiatimes.com
This story was synthesised by AI from the source linked above.
