Shares worth around $19 billion across 80 recently listed companies are set to become eligible for trading as pre-listing shareholder lock-ins expire between Aug. 24 and Dec. 29, 2026, according to Nuvama Alternative & Quantitative Research.
The unlocks could increase the potential supply of shares in several recently listed stocks. However, Nuvama cautioned that the entire value should not be treated as potential selling supply, as a sizeable portion of the shares is held by promoters and promoter groups. The analysis covers companies listed up to Aug. 21, 2026.
Stocks Facing Lock-In Expiry In The Next 30 Days
Vikram Solar is scheduled to see 12.28 million shares, or 34% of its outstanding equity, unlocked on Aug. 24.
Shreeji Shipping Global follows on Aug. 25, with 10.38 million shares, equivalent to 64% of its outstanding equity.
On Aug. 27, Xtranet Technologies will see 2 million shares, or 38% of its equity, unlocked. Lohia Corp will have 6 million shares, or 5%, while INDO-MIM will have 12 million shares, or 2%, become eligible for trading.
Also on Aug. 27, Clean Max Enviro Energy Solutions will see 34 million shares, or 29% of its outstanding equity, unlocked.
The schedule continues into September, with Manipal Health Enterprises seeing 35 million shares unlocked on Sept. 2. Juniper Green Energy and MV Electrosystems will see 12 million and 2 million shares unlocked, respectively, on Sept. 3.
Ardee Industries has 12 million shares, or 4% of its outstanding equity, scheduled to unlock on Sept. 9. Technocraft Ventures has 2 million shares, or 4%, and LEAP India has 23 million shares, or 5%, scheduled for Sept. 11.
Milky Mist Dairy Food has 17 million shares, or 2% of outstanding equity, scheduled to unlock on Sept. 15, followed by Dhoot Transmission with 5 million shares and Molbio Diagnostics with 2 million shares.
Shiprocket has 37 million shares, or 5% of its outstanding equity, scheduled to unlock on Sept. 16.
September Unlocks Include High-Percentage Releases
Several stocks in September face unlocks involving a significant portion of their outstanding equity.
SEDEMAC Mechatronics will see 17 million shares, or 38%, unlocked on Sept. 10, while Shree Ram Twistex will see 19 million shares, or 47%, unlocked on Sept. 11.
Innovision has 13 million shares, equivalent to 54% of outstanding equity, scheduled to unlock on Sept. 23.
GSP Crop Science will see 25 million shares, or 53%, unlocked on Sept. 25.
On Sept. 28, Rajputana Stainless will see 46 million shares, or 55%, become eligible for trading. Powerica has 1 million shares, or 0.8%, scheduled to unlock on Sept. 30.
Larger Unlocks Later In The Year
The lock-in calendar extends into October, November and December, with several companies facing sizeable releases.
Central Mine Planning & Design Institute is scheduled to see 464 million shares, or 65% of outstanding equity, unlocked on Oct. 6.
Om Power Transmission has 19 million shares, or 55%, scheduled to unlock on Oct. 19, while OnEMI Technology Solution has 66 million shares, or 39%, scheduled for Nov. 9.
In December, CMR Green Technologies has 142 million shares, or 65%, scheduled to unlock on Dec. 9. Hexagon Nutrition has 67 million shares, or 54%, scheduled to unlock on Dec. 15.
Turtlemint Fintech Solutions has 160 million shares, or 54% of outstanding equity, scheduled to unlock on Dec. 28.
Why Lock-In Expiry Matters
A lock-in expiry allows previously restricted shareholders to sell their shares, potentially increasing the free float and supply available in the market.
However, the expiry itself does not mean that all unlocked shares will be sold. Nuvama's analysis includes both promoter and non-promoter shareholders, and a sizeable portion of the unlocked shares is held by promoters and promoter groups.
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