What is the total value of pre-IPO shares becoming tradable?

Approximately $69 billion worth of pre-IPO shares are becoming tradable.

How long were the lock-in periods for these shares?

The lock-in periods for these pre-IPO shares were one, three, and six months.

Will all unlocked pre-IPO shares be immediately sold?

It is not expected that all unlocked pre-IPO shares will be immediately sold, as a large part is promoter-held and some stocks are trading below their issue price.

Home / Business and Economy / Mumbai: $69B in IPO Shares Now Tradable

Mumbai: $69B in IPO Shares Now Tradable

18 Mar

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Summary

Over $69 billion in pre-IPO shares are now tradable.
Lock-in periods of one to six months are expiring.
Supply overhang may limit near-term stock gains.

A substantial $69 billion in pre-IPO shares from 87 companies are now eligible for trading as mandatory lock-in periods conclude over the next three months. The initial expirations began this week, with more significant unlocks for companies like Urban Company, GK Energy, and Euro Pratik Sales scheduled. These lock-ins, lasting from one to six months, will significantly increase the potential supply of shares in the market.

Despite the increased availability, a significant portion of these shares are promoter-held, which may limit the immediate sell-off. Analysts anticipate that the current market environment and the fact that some stocks are trading below their issue price could prevent a rush of sales. While some shares like ICICI Prudential AMC remain at a premium, others may see their gains capped due to the impending supply overhang.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.