About $14 Billion in IPO Shares Face Lock-In Expiry, Setting Up a Potential Supply Overhang on Dalal Street by December
Dalal Street is heading into a heavy supply window as lock-in periods expire on shares in 91 companies over the next three months, releasing stock worth roughly $14 billion. The largest scheduled release is from Central Mine Planning & Design Institute, where 464 million shares are set to become tradable, raising the prospect of near-term volatility as investors assess whether newly unlocked holders choose to sell or stay put.
