IPO Lock-Ins Worth Rs 2 Lakh Crore To Hit D-Street By March: What Indian Investors Need To Know
As many as 108 recently-listed companies will likely have their pre-listing shareholder lock-ins released, with a total value of $24 billion, according to Nuvama Alternative & Quantitative Research. This means that shares worth $24 billion will become eligible for trading in the next three months.
The Lock-In Expiry Timeline
The upcoming unlocks include various sectors, indicating a busy phase for IPO lock-in expirations. Several firms will have their shareholder lock-ins released within the one-month, three-month, and six-month periods. Stocks such as Vidya Wires, Meesho, Canara HSBC Life Insurance, WeWork India, Lenskart Solutions, LG Electronics, NSDL, JSW Cement, among many others in the mainboard segment will see their lock-in periods expire.
One-Month Lock-In Releases
According to Nuvama, one-month lock-in releases begin on Dec. 18. Fujiyama Power Systems will see the release of five million shares, or 2% of outstanding equity. Further, Capillary Technologies will unlock three million shares on Dec. 19, followed by Excelsoft Tech with six million shares on Dec. 24 and Sudeep Pharma with two million shares on Dec. 26.
Three-Month Lock-In Expiries
Three-month lock-in expiries also begin on Dec. 18, beginning with Euro Pratik Sales, which will unlock three million shares, or 3% of total outstanding shares. VMS TMT and Ivalue Infosolutions will release one million and three million shares, or 5 per cent, respectively, on Dec. 22. Anand Rathi will release three million shares on Dec. 26.
Six-Month Lock-In Period Releases
The six-month lock-in period releases begin on Dec. 19, with Oswal Pumps releasing seven million shares on Dec. 26. Arisinfra Solutions will unlock 36 million shares, representing 44% of its total outstanding equity on the same day.
Impact On Indian Investors
The upcoming lock-in expiries are likely to have a significant impact on the Indian stock market. With a large number of shares becoming eligible for trading, investors can expect increased volatility in the market. It is essential for investors to stay informed and up-to-date with the latest developments in the market to make informed investment decisions. For more information on Indian stock market news, visit our website.
Conclusion
In conclusion, the upcoming IPO lock-in expiries are a significant event for the Indian stock market. With a large number of shares becoming eligible for trading, investors can expect increased volatility in the market. It is essential for investors to stay informed and up-to-date with the latest developments in the market to make informed investment decisions. For more information on stock market tips and investment strategies, visit our website.