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The Economic Times
The Economic Times
Sakshi Kumari

$14 billion worth of IPO shares set for lock-in expiry to hit Dalal Street by December

A sizeable pool of shares held by pre-listing investors is set to become eligible for release over the next three months, with shareholder lock-ins in 91 companies scheduled to expire between October 5 and December 29. Nuvama Alternative & Quantitative Research estimates that the opening covers shares worth about $14 billion.

However, this represents the total value of shares whose lock-ins are expiring and does not mean the entire pool will necessarily hit the market.

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