Dalal Street is heading into a busy phase of IPO lock-in expiries, with a significant portion of pre-listing shareholder restrictions set to be lifted over the next three months. According to estimates from Nuvama Alternative & Quantitative Research, as many as 53 companies will see their lock-ins expire between July and September 2026, potentially unlocking stocks worth nearly $11 billion.
The figure refers to the value of shares becoming eligible for trading as lock-up periods end. However, not all of these shares are expected to be sold in the secondary market, as a substantial portion remains held by promoter groups who typically continue to retain their stakes.
