The Indian stock market will see a surge in IPO lock-in expiries over the next three months, with shares of 73 newly listed companies worth $34 billion becoming eligible for trade when their mandatory shareholder lock-in periods expire, according to Nuvama Alternative & Quantitative Research.
The value represents the worth of the total number of shares freed up for trade after lock-in periods of different time frames expire. However, it is worth noting that this only implies that they will become eligible for trade and doesn't imply that they will necessarily be sold in the primary market.