According to brokerage Nuvama, 82 companies' pre-listing shareholder lock-in periods will end between January 29 and April 30, 2025, making over $32 billion worth of shares available for trading. Although there may be an increase in supply as a result of this unlock, not all shares may be sold right away because promoters and group investors still own a sizable portion. Companies that are listed until January 28, 2025, are subject to the lock-in expiries.
1-month lock-in expiry
Standard Glass Lining Tech will release 40 lakh shares, or 2% of all outstanding shares, on February 3; Indo Farm Equipment will release 20 lakh shares, or 4% of all outstanding shares, on February 3; and Quadrant Future Tek will release 20 lakh shares, or 6% of all shares, on February 10. These companies have a one-month lock-in.
Furthermore, 7.1 crore shares, or 26% of Capital Infra Trust's total outstanding shares, will be released when the lock-in period ends on February 13. On February 17, Laxmi Dental will unlock 40 lakh shares, or 7%, and on February 21, Stallion India Fluorochemicals will release 30 lakh shares, or 4%.
3-month lock-in expiry
A total of 16 stocks—including popular brands like Swiggy—are locked in for three months. 6.52 crore shares on February 10, 30 lakh shares on January 29, 3 lakh shares on January 31, 1 lakh shares on February 19, and 1 crore shares on February 24 are the various tranches in which Swiggy will release 7.84 crore shares, or approximately 3.5% of its total outstanding shares.
Other notable unlocks include Niva Bupa Health Insurance, which will release 6.7 crore shares, and ACME Solar Holdings, which will unlock 2.3 crore shares, or 4% of total shares. Both of these unlocks expire on February 10.
On February 27, Enviro Infrastructure Engineers will unlock 70 lakh shares, or 37% of the total shares. 18.3 crore shares, or 2% of all of its outstanding shares, will be released by NTPC Green Energy on February 24.
6-month and beyond lock-in expiry
Major unlocks in the six-month category include Concord Biotech, which will release 2.1 crore shares, or 20%, on February 14; TVS Supply Chain, which will release 9 crore shares, or 20% of total shares, on February 21; and SBFC Finance, which will release 22.5 crore shares, or 21% of its total outstanding shares, on February 11.
Of the companies with later lock-in expiries, Bajaj Housing Finance will release 529.1 crore shares, or 64% of total shares, on April 15 and Hyundai Motor India will unlock 50.8 crore shares, or 62% of its total outstanding shares, on April 21. On April 25, 15.3 crore shares, or 53% of all shares, will be unlocked by Waaree Energies.
1-year and 1.5-year lock-in expiry
GPT Healthcare (3.7 crore shares, or 46% of total shares), Juniper Hotels (12.8 crore shares, or 58% of total shares), and BLS E Services (4.1 crore shares, or 45% of total shares) are among the stocks that have a one-year lock-in as of February 6.
Shree Tirupati Balajee, which will unlock 4.5 crore shares, or 55% of all shares, Manba Finance, which will free 2.7 crore shares, or 55% of all shares, and Tolins Tyres, which will release 2.1 crore shares, or 54% of all shares, between March and April 2025, are among the companies that fall under the 1.5-year lock-in category.
