“Over $32 Billion in Shares Set to Unlock by April 2025, Impacting 82 Companies”
A massive wave of share unlocks is set to hit the stock market, with over $32 billion worth of shares across 82 companies becoming eligible for trading between January 29 and April 30, 2025. According to brokerage Nuvama, this development could lead to a surge in supply, though not all shares may be offloaded immediately, as a significant portion remains in the hands of promoters and institutional investors. The lock-in expiries apply to companies that listed until January 28, 2025.
Among the upcoming unlocks, several companies with a one-month lock-in period will see their shares hitting the market soon. Indo Farm Equipment will unlock 20 lakh shares, or 4% of its total outstanding shares, on February 3. Standard Glass Lining Tech is set to release 40 lakh shares, accounting for 2% of its shares, while Quadrant Future Tek will free 20 lakh shares, representing 6% of its total stock, on February 10. Capital Infra Trust will witness a major unlock on February 13, as 7.1 crore shares—26% of its total—become available for trading. Laxmi Dental is next in line, with 40 lakh shares (7% of total shares) unlocking on February 17, followed by Stallion India Fluorochemicals, which will release 30 lakh shares (4%) on February 21.
For companies under the three-month lock-in category, several high-profile names are set to see major share unlocks. Swiggy, one of India’s largest food delivery platforms, will gradually release 7.84 crore shares, or 3.5% of its outstanding shares, across multiple tranches—30 lakh shares on January 29, 3 lakh on January 31, a significant 6.52 crore on February 10, 1 lakh on February 19, and another 1 crore on February 24. Niva Bupa Health Insurance will free 6.7 crore shares (4%), and ACME Solar Holdings will unlock 2.3 crore shares (4%) on February 10. NTPC Green Energy has a major unlock event scheduled for February 24, with 18.3 crore shares (2%) set to hit the market. Enviro Infra Engineers will follow on February 27, releasing 70 lakh shares—37% of its total.
In the six-month lock-in category, significant share unlocks are lined up. SBFC Finance will release 22.5 crore shares, representing 21% of its total outstanding stock, on February 11. TVS Supply Chain will follow with 9 crore shares (20%) unlocking on February 21, while Concord Biotech will free 2.1 crore shares (20%) on February 14.
Several companies with longer lock-in periods will also see major share releases. Hyundai Motor India is set to unlock a massive 50.8 crore shares, representing 62% of its total outstanding stock, on April 21. Bajaj Housing Finance will follow closely with a massive unlock of 529.1 crore shares (64%) on April 15. Waaree Energies will release 15.3 crore shares, or 53%, on April 25.
Companies with a one-year lock-in period are also preparing for major unlocks. BLS E Services will free 4.1 crore shares, representing 45% of its total shares, on February 6. Juniper Hotels will see 12.8 crore shares (58%) hitting the market, while GPT Healthcare will unlock 3.7 crore shares (46%), both on February 27.
Meanwhile, firms under the 1.5-year lock-in period will also release a substantial number of shares. Shree Tirupati Balajee will unlock 4.5 crore shares, or 55%, Manba Finance will free 2.7 crore shares (55%), and Tolins Tyres will release 2.1 crore shares (54%), with these shares becoming eligible for trading between March and April 2025.
With such a large number of shares hitting the market, investors will be closely monitoring potential price movements and supply-demand dynamics in the coming months. The expiry of these lock-ins presents both opportunities and challenges, making it a critical time for traders and market participants.
