$14 billion worth of IPO shares set for lock-in expiry to hit Dalal Street by December

Shares in 91 companies are due to emerge from IPO lock in restrictions over the three months through December, putting stock valued at about $14 billion in a position to be traded on Dalal Street. The schedule extends across November and December, although the material does not provide company by company dates or values. Central Mine Planning & Design Institute represents one identified release, with 464 million shares set to become eligible for trading. Eligibility does not mean those shares will be sold, and the eventual market impact will depend on how many existing holders choose to reduce their stakes.

Lock in expiries matter because they enlarge the pool of tradeable equity and can create a temporary supply overhang if early investors or promoters seek liquidity. That pressure may affect recently listed stocks more directly than the wider indices, with IPO heavy pockets of the market and Central Mine Planning & Design Institute specifically exposed. Sector conclusions beyond that are not supported by the information provided. Elevated volumes, block transactions, exchange disclosures and sustained selling after each expiry would confirm that the unlocked shares are reaching the market. Limited disposals, orderly absorption by institutions and stable trading volumes would weaken the overhang interpretation.