Several companies, including Swiggy, Ola Electric, and NTPC Green Energy, will see their IPO lock-in periods expire in February. Shareholders might offload shares worth about Rs 70,500 crore, potentially increasing market volatility.
On February 10, Ola Electric will have the most significant number of shares (1,962.2 million) eligible for sale. Other companies like FirstCry, SBFC Finance, and NTPC Green Energy will also have over 100 million shares exiting the lock-in period. This could impact stock prices and market sentiment, especially since Indian equities have already dropped nearly 9% from their record highs.
Investors should keep an eye on these changes. The offloading of shares might influence market dynamics and trading strategies in the short term. It’s crucial to understand the effects of lock-in period expirations on market stability and investment decisions.