Rs 3.35 lakh-crore IPO lock-in to expire by August-end; BCCL, Meesho, ICICI Pru AMC on list

A large wave of IPO lock-in expiries is set to hit the market over the next few months, with shares worth an estimated Rs 3.35 lakh crore ($35 billion) expected to become eligible for trading by August 31. Around 70 companies are scheduled to see their IPO lock-ins expire across one-month, three-month and six-month categories, potentially making previously restricted shares eligible for sale.

What is IPO lock-in?

IPO lock-in periods restrict certain shareholders, including promoters, anchor investors, and pre-IPO investors, from selling their shares immediately after a company lists. Once these restrictions expire, additional shares become available for trading, which can sometimes influence stock prices depending on investor sentiment and selling pressure.

How many IPOs will witness lock-in by August end?

One-month lock-in expiry

Among the upcoming lock-in expiries, only one company is expected to witness a one-month lock-in opening during the period. OnEMI Technology Solution is scheduled for June 5, with around 5 per cent of its equity becoming eligible for trading.

Three-month lock-in expiry

In the three-month lock-in category, several companies are lined up for share unlocks across June and July. SEDEMAC Mechatronics is scheduled for June 8 with 3 per cent of equity becoming tradable, followed by Central Mine Planning on June 23 with 2 per cent. Sai Parenteral and Powerica are both set for June 29, with 4 per cent and 3 per cent of equity, respectively becoming available. Om Power Transmission will witness its lock-in expiry on July 14, covering around 4 per cent of equity.

Six-month lock-in expiry

The biggest impact is expected to come from six-month lock-in expiries, which involve substantially larger portions of company equity becoming available for trading. Several major companies are scheduled for unlocks during this period.

Aequs will see 22 per cent of its equity unlocked on June 9, while Meesho is expected to witness one of the largest unlocks on June 10 with around 68 per cent becoming tradable. Wakefit Innovations will see 49 per cent of equity unlocked on June 12, while CORONA Remedies and ICICI Pru AMC are both set for unlocks involving nearly 70 per cent of equity.

Other major upcoming unlocks include Nephrocare Health Services at 51 per cent, Amagi Media Labs at 56 per cent, Fractal Analytics at 51 per cent, and Bharat Coking Coal with around 70 per cent of shares becoming available.

IPO lock-in expiry at a glance

One-month lock-in expiry

Only one company is scheduled for a one-month lock-in expiry during the period:

OnEMI Technology Solution–June 5 (5 per cent of equity)

Three-month lock-in expiry

Several companies will witness three-month lock-in openings during June and July:

• SEDEMAC Mechatronics–June 8 (3 per cent)
• Central Mine Planning–June 23 (2 per cent)
• Sai Parenteral–June 29 (4 per cent)
• Powerica–June 29 (3 per cent)
• Om Power Transmission–July 14 (4 per cent)

Six-month lock-in expiry

The largest chunk of share unlocks is expected from six-month lock-in expiries, where substantial portions of company equity may become available for trading.

Major names include:

• Aequs–June 9 (22 per cent)
• Meesho–June 10 (68 per cent)
• Vidya Wires–June 11 (6 per cent)
• Wakefit Innovations–June 12 (49 per cent)
• CORONA Remedies–June 12 (70 per cent)
• Park Medi World–June 17 (4 per cent)
• Nephrocare Health Services–June 17 (51 per cent)
• ICICI Pru AMC–June 19 (70 per cent)
• Bharat Coking Coal–July 17 (70 per cent)
• Amagi Media Labs–July 20 (56 per cent)
• Fractal Analytics–August 14 (51 per cent)
• Clean Max Enviro Energy–August 27 (29 per cent)

Among the largest upcoming unlocks, Meesho, ICICI Pru AMC, Bharat Coking Coal, and CORONA Remedies stand out due to the sizable percentage of equity becoming tradable.

Market participants typically monitor such events closely because large-scale unlocks can increase market liquidity but may also create near-term pressure if early investors or existing shareholders decide to book profits.

Analysts note that while lock-in expiries do not automatically result in selling activity, they often remain important triggers for traders tracking supply dynamics and post-listing stock performance.