Economic TimesLean R·
Shares worth $26 billion can soon hit market as IPO lock-ins end
Mumbai: About $26 billion worth of shares across 71 recently listed companies will become eligible for sale between June 17 and September-end as IPO lock-ins expire, according to Nuvama Alternative & Quantitative Research. The lifting of these lock-ins could create a potential supply overhang for several stocks, said analysts.Of this, shares worth about $15.96 billion across 31 companies that mostly made their stock market debuts in the last six months are slated to become eligible for sale…
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