Upcoming IPO Lock-In Expiries on Dalal Street
Dalal Street is gearing up for a significant wave of IPO lock-in expiries, with 57 companies set to release nearly $20 billion in stock between August and November. While not all shares will flood the market immediately, this influx may lead to increased trading activity. Major unlocks include JSW Cement and Ather Energy, which will release a staggering 162 million shares. This event could impact stock prices, especially amid cautious foreign institutional investor sentiment. Investors should stay alert as these unlocks unfold over the coming months.
