
$1.86 billion in lock-in shares to expire in July; Jyoti CNC, Medi Assist among key companies- analysts warn of market volatility
Representative image
A large volume of pre-IPO lock-in shares worth $1.86 billion is set to expire in July 2025, potentially triggering shifts in the shareholding patterns of several recently listed companies, including Jyoti CNC Automation, Unimech Aerospace, and Medi Assist Healthcare.
According to a Nuvama Institutional Equities report, these lock-in expiries span both promoter and non-promoter holdings across multiple firms.
The lock-in expiries are split between one-month and six-month durations. While the shares will become eligible for trading, Nuvama notes that not all will necessarily be sold in the open market. Many shares may continue to be held by promoters and long-term strategic investors.
Big names like Jyoti CNC, Medi assist lead the way
Three companies will see shares unlock under the one-month category. Scoda Tubes is scheduled to unlock $5 million worth of shares on July 2.
Oswal Pumps follows with $27 million on July 18, and Arisinfra Solutions will unlock $10 million on July 23. The combined total for this category is $42 million.
The six-month category includes larger unlocks from six companies. Unimech Aerospace & Manufacturing leads the list with a $501 million unlock on July 1.
Standard Glass Lining Tech. will release $259 million worth of shares on July 11, while Quadrant Future Tek is set for a $123 million unlock on July 14. Laxmi Dental will unlock $105 million on July 21.
Indo Farm Equipment will have two unlock events, $51 million on July 10 and $2 million on July 11, totalling $53 million.
Other companies scheduled for unlocks in July include RBZ Jewellers ($14 million), Vraj Iron & Steel ($37 million), Medi Assist Healthcare ($82 million), Jyoti CNC Automation ($598 million), and Sanstar Limited ($46 million).
Nuvama's analysis also looks beyond July. Between June 30 and October 30, 2025, a total of 57 companies are expected to see lock-in expiries, with a combined value of $15 billion. The analysis covers companies listed up to June 25, 2025.Lock-in expiries are closely tracked by investors and analysts as they influence market liquidity, stock availability, and overall shareholding structures in the post-IPO phase.
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