About $14 Billion in IPO Shares Face Lock-In Expiry on Dalal Street by December
Dalal Street is headed into a heavy supply phase over the next three months as lock-ins expire on shares in 91 companies, releasing stock worth roughly $14 billion. The largest single overhang is expected from Central Mine Planning & Design Institute, where 464 million shares are set to become tradable, raising the prospect of heightened volatility as investors assess post-lock-in selling pressure.
