$17.7 billion worth of shares to enter market in next 3 months as IPO lock-in expires for 66 cos

The above data pertains to only those companies which have been listed up until March 25, 2024.

There are eight stocks with 1-month share lock-in viz. , Exicom Telesystems, Bharat Highways Invit, , J.G Chemicals, , Popular Vehicles & Services and . Their lock-in period will end between April 1 and April 18 in the pecking order. The largest chunk of shares will be available in the case of Bharat Highways Invit largest where 82.6 mn shares or 19% shares will get unlocked on April 5.

There are 22 companies where a 3-month investor lock-in period will expire. These include the likes of , , , Popular Vehicles & Services and . For Mukka, nearly 12 million shares will get unlocked for sale while for Jyoti 7 million shares will be available for sale, Nuvama note said. Nearly 11 million shares which accounts for 5% of the total outstanding shares will be released in case .

Nuvama also estimated opening of 5 & 6-month lock-in in over 50 companies including Honasa Conumer which operates Mamaearth brand, IREDA, , , , , , Gandhar Oil, , Manoj Vaibhav Gems, JSW Infra and Medi Assist Healthcare among others.

Some of the keenly watched stocks include IREDA where the lock-in period ends on May 30 and will likely unlock 1,478 million shares. For Tata Technologies 262 million shares will be unlocked on May 27 while for , 158 million shares will be available on sale.

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