Shares worth around $35 billion are set to become eligible for trading as pre-listing shareholder lock-in periods expire across 116 companies between November 9, 2026, and February 26, 2027, according to a report by Nuvama Alternative & Quantitative Research.
The upcoming expiries could put several recently listed companies in focus, although the unlocking of shares does not necessarily translate into immediate selling pressure. A significant portion of the shares is held by promoters and promoter groups, who may not necessarily sell their holdings once the lock-in period ends.
Nuvama's analysis covers both promoter and non-promoter shareholders of companies listed up to November 5, 2026. The $35 billion figure represents the total value of shares becoming eligible for trading during the period. Among the notable companies facing lock-in expiries in November are Zetwerk Manufacturing Business, Jio Platforms, Shiprocket and Horizon Industrial Parks.
Zetwerk is scheduled to see 75 million shares, equivalent to 4 percent of its outstanding equity, released from lock-in on November 20. Jio Platforms will see 36 million shares, or 0.4 percent of its outstanding equity, become eligible for trading on November 25. Shiprocket has 37 million shares, representing 5 percent of its outstanding equity, scheduled to be unlocked on November 16. Horizon Industrial Parks will see 97 million shares, or 3 percent of its outstanding equity, released on November 18.
Other companies facing November expiries include Ardee Industries, which will see 12 million shares unlocked on November 9, and LEAP India, with 23 million shares scheduled to be released on November 11.