INDIA MARKET LENS
IPO◆ MixedIPO & Listings

IPO Lock-in Expiry: $35 billion in shares set to unlock across 116 companies; Jio, NSE, Zetwerk in focus

Reliance Industries is in focus in an ipo & listings development.

· LiveMint Markets

Upcoming IPO lock-in expiries could bring shares worth an estimated $35 billion onto investors’ radar, including holdings in Jio Platforms, Shiprocket and SBI Funds Management. The actual market impact will depend on which shareholders choose to sell and prevailing conditions.

Against that, the stock is +0.8% on the day at ₹1,334.70, and has returned -0.8% over three months. It sits 16% below its 52-week high. The oil & energy sector has moved -0.9% over the same period, so Reliance Industries is running 0.1 points ahead of its peers.

For Reliance Industries, the question is how much of this is already reflected in the price and how much re-rates the oil & energy peer set alongside it.

  • Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
  • With NSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
  • In focus: Reliance Industries (Jio) (RELIANCE), in Oil & Energy.
  • On the day, 2 of 2 are higher: State Bank of India (SBI) leads at +2.9% and Reliance Industries (Jio) trails at +0.8%.
  • Over three months: Reliance Industries (Jio) -0.8% against Oil & Energy -0.9% (0.1 points ahead); State Bank of India (SBI) -5.0% against Banks -0.6% (4.4 points behind).
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
Reliance Industries (Jio)RELIANCE · Oil & Energy₹1,334.70+0.8%+13.2%-0.8%-16.2%0.4×—
State Bank of India (SBI)SBIN · Banks₹1,072.15+2.9%+8.6%-5.0%-12.7%1.0×—

Oil & Energy

1M +4.2% · 3M -0.9%

Reliance Industries (Jio)

Banks

1M +3.8% · 3M -0.6%

State Bank of India (SBI)

Prices as of 11 Nov 2026, 11:17 IST. Sector moves are the average of the stocks we track in each sector.

RELIANCESBINOil & EnergyBanks