IPO lock-in expiry: $24 bn worth of shares set to unlock on D-Street from Oct 2026 to Jan 2027 —What investors must know
As many as 99 companies are set to see their pre-listing shareholder lock-in periods expire between 12 October 2026, and 29 January 2027, potentially making shares worth approximately $24 billion eligible for trading, according to an analysis by Nuvama Institutional Equities.
The upcoming lock-in expiries cover companies listed up to 8 October 2026, and include both promoter and non-promoter shareholders. However, the total value represents shares becoming eligible for trading after the lock-in period ends and does not indicate the actual amount of stock that will enter the market.
A significant portion of the eligible shares is held by promoters and promoter groups, who may choose to retain their holdings rather than sell them. Nevertheless, the expiries could increase the available supply of shares and influence trading activity, particularly in stocks where a substantial proportion of outstanding equity becomes eligible for trading.
Nuvama Institutional Equities has analysed the lock-in expiry schedules across three key periods — one month, three months and six months — highlighting companies whose shares are set to become eligible for trading between October 2026 and January 2027.
Several companies are scheduled to see their one-month and three-month lock-in periods expire during October. The dates and share quantities identified by Nuvama Institutional Equities are listed below.
View full Image
Among these companies, Xtranet Technologies stands out because the scheduled unlock represents 38% of its outstanding shares, according to Nuvama's figures. The actual market impact will depend on the shareholders involved and the extent to which they choose to sell.
November will see lock-in expiries across companies in sectors including renewable energy, healthcare, logistics, jewellery, dairy and financial services.
Horizon Industrial Parks has the largest disclosed share quantity in this November list, at 97 million shares, followed by Manipal Health Enterprises at 35 million shares and Shiprocket at 37 million shares. The percentage of outstanding equity becoming eligible for trading, however, is only one of several factors investors need to consider when assessing potential supply pressure.
OnEMI Technology Solution is notable in this group, with 66 million shares, representing 39% of its outstanding equity, scheduled to become eligible for trading on 9 November.
CMR Green Technologies has 142 million shares, representing 65% of its outstanding equity, scheduled to expire on 9 December. Hexagon Nutrition follows on 15 December, with 67 million shares, or 54% of its outstanding equity, becoming eligible for trading.
January has several significant scheduled lock-in expiries, including those of SBI Funds Management, Laser Power & Infra, Kusumgar and CSM Technologies.
SBI Funds Management has the largest disclosed January unlock in this schedule, with 1,428 million shares, equivalent to 70% of its outstanding equity, listed for 18 January. Laser Power & Infra has 78 million shares, or 55% of outstanding equity, scheduled to become eligible for trading on the same date.
Kusumgar also features twice in the January schedule, with 63 million shares, representing 60% of its outstanding equity, scheduled for 14 January. CSM Technologies and Advit Jewels have 55% and 53% of their outstanding equity, respectively, listed for lock-in expiry on 4 January.
Dhanya Nagasundaram works as a Content Producer at LiveMint, specializing in news related to financial markets, stocks, and business. With over eight years of experience in journalism and content creation, she has honed her skills in data-driven reporting and market analysis. Her focus is on monitoring stock trends, initial public offerings (IPOs), corporate news, policy shifts, and larger economic trends that affect investors and market players. <br><br> At LiveMint, Dhanya consistently writes and produces articles that make complex financial topics accessible to readers. She keeps a close eye on equity markets, commodities, and macroeconomic indicators, assisting audiences in comprehending how global and domestic events influence investment perspectives. Her stories frequently underscore emerging trends within sectors, the IPO market, company earnings results, and market strategies pertinent to both retail and institutional investors. <br><br> Before her tenure at LiveMint, Dhanya accumulated a wealth of professional experience at various companies, including MintGenie, Informist, Cogenics, Chary Publications, KPMG, and the Royal Bank of Scotland. These positions allowed her to establish a solid foundation in financial research, reporting, and content creation. <br><br> Throughout her career, she has explored numerous subjects such as trading strategies, commodities, IPOs, wealth generation, corporate profits, and macroeconomic indicators. Her background in both financial journalism and corporate settings has given her the ability to tackle stories with analytical rigor while ensuring clarity for her audience. Through her contributions, Dhanya strives to deliver insightful, trustworthy, and investor-centric financial content.
Get Latest real-time updates
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
HomeMarketsIPOIPO lock-in expiry: $24 bn worth of shares set to unlock on D-Street from Oct 2026 to Jan 2027 —What investors must know
✕
Wait for it…
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.