Impact of Mandatory Lock-in Expirations on Pre-IPO Shares
Those mandatory lock-ins on that $69 billion in pre-IPO shares—across eighty-seven companies—are all set to expire in the next three months. Nuvama Alternative & Quantitative Research says that means these shares become eligible for trading. Potential supply in the market is definitely going up.
The first bit of this whole thing already happened. ICICI Prudential AMC shares, about seventy lakh shares, or one percent of the equity, got unlocked on March 17.
Then there are more moves coming up. Later this month, you’ll see KSH International and Gujarat Kidney & Super Speciality letting four to six percent of their equity float. Gaudium IVF and Women Health will also see about thirty lakh shares, four percent of equity, freed up on March 27.
These were just the first wave, of course. They were subject to shorter lock-in periods, one to three months.
A bigger wave is expected when you look at the shares with six-month or longer lock-ins.
Urban Company is taking up the biggest chunk of this. Ninety-four point one crore shares—that’s nearly sixty-six percent of its outstanding equity—became tradable starting March 17.
GK Energy, with thirteen point one crore shares, sixty-five percent—and Euro Pratik Sales, sixty-three crore shares, sixty-two percent—they’re also seeing a significant amount of shares unlocked.
But here’s where things get complicated. Even with this huge amount of shares becoming available, analysts are cautious. They think the actual selling pressure might be limited.
Abhilash Pagaria from Nuvama put it this way: the actual supply might be lower because a lot of those shares are still held by the promoters.
Kamraj Singh Negi, who is the MD and CEO for Investment Banking at Pantomath Capital Advisors, echoed that sentiment. He noted that a sudden rush by investors to sell immediately after the lock-in ends is unlikely right now.
Still, that potential supply overhang could definitely cap any near-term upside for some of these stocks.
Investor behavior is going to hinge on how the stock performs. Look at some companies nearing expiry—Dev Accelerator, GK Energy, Ivalue Infosolutions—they are currently trading below their issue price. That might stop people from selling aggressively.
On the flip side, you have ICICI Prudential AMC and Bharat Coking Coal. They keep trading at a premium. You can’t rule out profit-booking happening there.
Overall, you get a lot of potential supply flowing in with these lock-in expirations. But the real market impact? That depends entirely on investor mood, how the stocks move, and what’s happening in the wider market. It’s all mixed up.
Written by Gree News Team — Senior Editorial Board
Gree News Team covers international news and global affairs at Gree News. Our collective of senior editors is dedicated to providing independent, accurate, and responsible journalism for a global audience.
More from Ipo
View All
Zepto's Aggressive Scaling in the Quick Commerce Market
Zepto is really making waves right now. It’s overtaken Instamart, according to the latest numbers floating around from that red herring draft prospectus they released. We’re talking about quick commerce. The sheer scale of it is what’s interesting. They’ve become the second biggest player in India f
Jun 10, 2026 by Gree News Team
IPOs: Clean Max vs. Shree Ram Twistex Analysis
IPOs. Clean Max Enviro Energy Solutions and Shree Ram Twistex. Both opened up on February 23rd and will close on the 25th. It’s a choice, really. One is a play on renewable energy infrastructure. The other is textile manufacturing. You get to pick. The initial subscription data tells a story, though
May 10, 2026 by Gree News Team
Analysis of Clean Max and Shree Ram Twistex IPO Results
Two mainboard IPOs finally closed today, February 25th. Clean Max Enviro Energy Solutions and Shree Ram Twistex. It’s a choice for investors, really. One side is a renewable energy infrastructure play. The other? Textile manufacturing. The numbers coming out of the gate are definitely mixed. Take Cl
May 10, 2026 by Gree News Team
The Journey and Potential of the National Stock Exchange IPO
The chatter around the National Stock Exchange, it’s been building for ages. This whole IPO thing—the one rumored to be worth a staggering twenty-three thousand crores—it’s finally starting to move, according to what people familiar with the scene are saying. The official move, or rather, the invita
May 10, 2026 by Gree News Team
Latest Headlines
Political Speculation and Internal Turmoil within the TMC
Fresh visuals surfaced of Sushmita Dev meeting Assam Chief Minister Himanta Biswa Sarma. That kind of thing just kicks the speculation into high gear about her next move. It’s all about her potential entry into the BJP, right? This happened right after she stepped down from Rajya Sabha and walked ou
Jun 10, 2026 by Gree News Team
FIFA World Cup 2026: Structure, Geography, and the Official Match Ball
The FIFA World Cup 2026 is really starting to feel imminent now. It’s heading toward North America the USA, Mexico, and Canada are slated to host this massive global spectacle. People are talking about it constantly. It’s not just a standard tournament anymore. This time around, they’re throwing way
Jun 10, 2026 by Gree News Team
Lionel Messi and Argentina's World Cup Journey in Group J
Argentina’s taking on Group J in this new setup USA, Mexico, and Canada it feels like more than just football now. It’s about that farewell, isn't it? Lionel Messi is chasing something special right now, playing out this final chapter with the Albiceleste against Algeria, Austria, and Jordan. There’
Jun 10, 2026 by Gree News Team
Federal Judge Bars Nitrogen Gas Execution in Alabama
A federal judge just slammed the door shut on Alabama’s plan to use nitrogen gas for executing Jeffery Lee. Permanently barred it, ruling the method violated basic constitutional rights about cruel and unusual punishment. This decision dropped like a stone. It came just one day after an appeals cour
Jun 10, 2026 by Gree News Team
Kerala Board Plus One Results 2026 Announcement and Checking Methods
The Kerala Board Plus One results for 2026 are finally coming today, June 10th. That’s when the Directorate of Higher Secondary Education will officially announce everything. Students who took the DHSE Kerala Class 11 exams in 2026 can start checking their scores now. You have a few places to look,
Jun 10, 2026 by Gree News Team
Threats and Intimidation Against Former Judge Justice Gautam Patel
Chief Justice Surya Kant stepped in on the matter involving threats and intimidation aimed at former Bombay High Court judge Justice Gautam Patel. This happened while he was visiting the UK, raising the issue with India’s High Commissioner there. It came out of a report by The Times of India. The wh
Jun 10, 2026 by Gree News Team
Intersection of Art, Politics, and Public Morality at Film Screening
The buzz around the screening for ‘Bharat Bhhagya Viddhaata’ was definitely something special that Tuesday evening in Delhi. It wasn't just about watching a movie; it felt like a convergence a mix of film fans, some political heavyweights, and a surprising amount of high-level government presence. P
Jun 10, 2026 by Gree News Team
The Political Feud: Shivakumar vs. Kumaraswamy and the Vokkaliga Rivalry
A meeting that hasn't even happened is already sparking political sparring. Karnataka Chief Minister DK Shivakumar and Union Minister HD Kumaraswamy. It just underlines how bitter one of the state’s longest-running rivalries still is. Shivakumar was doing some outreach, a carefully choreographed exe
Jun 10, 2026 by Gree News Team
Protest and Political Standoff in Mexico City Before the World Cup
A protest choked off an avenue leading right to Mexico City’s Azteca Stadium for hours on Tuesday. It was just days before that massive World Cup opening match. As football fans started flooding in, all those co-hosts the US, Canada, and Mexico you see the real mess happening back home. Thousands of
Jun 10, 2026 by Gree News Team
The Global Nuclear Arms Race: Spending, Capabilities, and Future Risks
Nearly eight decades since Hiroshima and Nagasaki. And the world’s nuclear powers aren't slowing down. They keep spending more, modernizing faster, and experts are watching them move weapons out of storage and into potential use. It’s a real arms race happening right now. The nine states that hold n
Jun 10, 2026 by Gree News Team
The Chaos of Cinema: Volume, Competition, and the Shifting Market
The Friday arrived packed. June 12th. It wasn't just another day; it was a collision of cinema. Nine films, all hitting the screens at once. *Main Vaapas Aaunga*, Imtiaz Ali’s directorial effort. Then you had Kangana Ranaut’s *Bharat Bhhagya Vidhaata*. And the horror mixed in Vikram Bhatt’s *Haunted
Jun 10, 2026 by Gree News Team
Stock Market Updates: June 10th Performance and Sector Analysis
Stock market updates today, June 10th. Everything turned sour in late trading Wednesday. Domestic equity markets basically gave up all those gains they managed to hold during the day. Heavy selling hit midcap, smallcap stocks, plus metals, realty, and financial names dragging the main indices into n
Jun 10, 2026 by Gree News Team
Iran Football Team Travel and World Cup Arrangements
Iran’s football team is heading to Los Angeles, apparently. They announced Tuesday that they'll be flying there the day before their first group-stage game against New Zealand. It feels like a lot happening all at once. But where exactly will they be staying? They won't actually be in L.A. for long.
Jun 10, 2026 by Gree News Team
The Impact of Gen AI on Job Applications and Hiring Strategies
When you start looking for a job, everyone builds this whole structure: the résumé, that killer cover letter, tailoring it perfectly. The whole point was always that application could make you jump out from the crowd of hundreds of applicants. But honestly? Recruiters are starting to think that play
Jun 10, 2026 by Gree News Team
Narendra Modi's Milestone: India's Longest-Serving Prime Minister
Narendra Modi just hit a huge milestone. India’s longest-serving elected Prime Minister. Forty-three hundred ninety-nine days in office now. That beats Nehru's record, which was the first one. Former Vice President Venkaiah Naidu spoke about it. He praised the leadership and everything Modi has done
Jun 10, 2026 by Gree News Team