IPO Stocks Worth Rs 4,500 Crore To Open For Trade In January

Additional shares of 14 newly listed companies worth nearly Rs 4,500 crore will become eligible for trading in India's secondary market later in January as the first lock-in period for anchor investors holding them ends. This can send the stocks tumbling as institutions offload stake to book profit.

Shares of Vishal Mega Mart Ltd. worth Rs 1,200 crore will become eligible for trading, the highest among the mainboard companies that will see their lock-in end. This is followed by International Gemmological Institute Ltd. and Inventure Knowledge Ltd. with Rs 950 crore and Rs 456.5 crore worth of shares eligible for trading.

Cumulatively, stocks worth Rs 4,481 crore will be eligible for trading with the 14 recently listed mainboard companies. Share prices may not fall even after the end of the lock-in date if the institutions decide to hold on the stock.

The lock-in period for anchor investors on 50% of their allotted shares in an initial public offering is 30 days after the allotment date and the period for the remaining 50% of shares is 90 days. 

The lock-in period is an agreement that restricts institutions from selling their shares for a specified period following its maiden ordering. This is done to ensure share price stability and long-term commitment.

India's IPO market wrapped up the year on a high note, with December witnessing 15 book built public offerings across sectors as diverse as diagnostics, fintech, hospitality, and aerospace manufacturing.

The month of December 2024 witnessed the highest number of IPOs being launched in the last 17 years. The last time when the count of public issues was higher dates back to February 2007.

After a stellar run in 2024, the initial public offering segment in India is expected to be active in 2025, with numerous IPOs lined up. Over 35 companies have already received SEBI’s approval to launch their IPO next year.

The major IPOs in 2025 include those to be launched by LG Electronics India Pvt., Tata Capital Ltd., Ather Energy Ltd., Zepto (operated by Kiranakart Technologies Pvt.), BlueStone Jewellery and Lifestyle Pvt., and Anand Rathi Share and Stock Brokers Ltd., among others.