Ather Energy to Borana Weaves: IPO-lock-in expiry for 61 companies to release $21 bn worth of shares in 4 months
IPO lock-in expiry: A total of 61 companies are slated to have their pre-listing shareholder lock-ins lifted between May 28, 2025 and September 22, 2025, which could potentially free up shares amounting to $21 billion, according to a report by domestic brokerage Nuvama Alternative & Quantitative Research.
Some of the key companies that will witness IPO lock-in expiries include recently listed Ather Energy and Borana Weaves.
While the value of shares set to be open for trading pertains to the total lock-up opening shares, it's important to understand that not all of these shares will be sold. This is because a sizable portion of these shares is also held by the promoter and promoter group companies.
Nuvama said it has only considered those companies that got listed on the Indian stock exchanges by May 26, 2025.
The lock-in period for an IPO is a specified duration during which certain shareholders, like promoters and anchor investors, are prohibited from selling their shares.
These lock-in regulations are designed to promote stock price stability and allow the company time to establish itself in the market after its IPO. The duration of the IPO lock-in period varies depending on the category of investor — such as promoters, anchor investors, and non-promoter shareholders.
Here is a detailed list of companies set to face IPO lock-in expiry over the next few months:
Only Ather Energy and Borana Weaves shares are among those that will see one-month and three-month IPO lock-in expiries.
Around 21 million shares of Ather Energy will be available for trade on June 2, followed by another 21 million on July 31.
Meanwhile, 2 million shares of Borana Weaves will be available for trading on June 23, and an additional 2 million will be up for trading on August 21.
Ather Energy shares are currently trading below their IPO price of ₹ 321 apiece. The stock had listed at ₹ 328 in May. Meanwhile, Borana Weaves stock had listed two days ago at ₹ 243 as against the IPO price of ₹ 216. Today, the stock closed the session at ₹ 232.55, below its listing price but above the issue price.
Some 28 companies will see their six-month IPO lock-in expiry between June 2 and August 18. Enviro Infra, Vishal Mega Mart, Sai Life Sciences, Mamata Machinery, Unichem Aerospace and Dr Agarwal's Health Care are some of the companies up for six-month lock-in expiries.
Disclaimer: The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
44 minutes ago
- Indian Express
Axis Max Life Concludes Brand Transition with Domain Migration
Continuing with its rebranding initiative from Max Life Insurance to Axis Max Life Insurance that was initiated in December 2025, the leading protection brand has now moved to a new digital address – To facilitate a seamless transition, the company has put in place a system so that individuals who land on the old website address will be automatically redirected to the new address – About Axis Max Life Insurance Axis Max Life Insurance Limited, earlier known as Max Life Insurance Company Ltd., is a joint venture between Max Financial Services Limited (MFSL) and Axis Bank Limited, a leading Indian private sector bank in India. As a leading player in the life insurance space, Axis Max Life Insurance offers a wide array of protection and life insurance cum long term savings products to serve the needs of individuals from different walks of life. For over two decades, Axis Max Life Insurance has achieved multiple milestones and provided innovative protection solutions to millions. This commitment Axis Max Life Insurance to provide best in class service has been underscored with a claim settlement ratio (CSR) of 99.70% as per annual audited financials for FY 24-25. This is the third time in a row that the company has achieved a CSR greater than 99.5%. Impact of the Transition on Customers The movement to the new web domain and the rebranding to Axis Max Life Insurance will not impact the existing policies of customers. There will be no change with regards to the features and benefits of policies held by existing customers. The main change apart from the new web address – will be in terms of the look and feel of the website and the use of an updated logo for the rebranded entity, Axis Max Life Insurance. What Can Customers Expect from the Transformation? The rebranding is only designed to underscore the importance of the continuing strategic partnership between Max Financial Services Limited (MFSL) and Axis Bank Limited. This move will serve to strengthen the Axis Max Life Insurance brand by continuing to build on the synergies of a partnership that involves two key players in India's financial services landscape. In the meantime, all of the company's online services will continue to be available on the new website – Going forward, this partnership and rebranding is expected to enhance the visibility of Axis Max Life as a leading brand in the protection space. Additionally, the continuous commitment of the brand towards offering best in class services to its customers is expected to improve existing customer experience. This will be achieved through further digitisation of processes and introduction of products that are in line with the changing dynamics of the protection space. About the New Brand Identity The Axis Max Life rebranding goes beyond just a name change and a shift to new domain. During the initial phase of this re-branding in December 2024, Axis Max Life also unveiled a new logo that combined the iconic burgundy-coloured capital letter 'A' of Axis Bank with the traditional blue colour of the old Max Life Logo. This symbolises the synergistic relationship the two entities have had in the past and plan to continue in the future. Continued Commitment to Brand Values The rebranding and movement to a new web domain has however, kept one key thing unchanged – the core values that drive Axis Max Life Insurance. These core values of trust, protection and innovation will continue to drive the company's future endeavours. New initiatives of the company will also continue to be supported by inclusion of advanced technologies, introduction of superior service mechanisms and further development of a customer-centric support system. In case of any queries regarding your existing policies or domain migration, please reach out to our customer service team at For quick access to our online services such as premium payments and checking/updating policy information, we urge you to bookmark our new website address – Disclaimer: This content is sponsored and does not reflect the views or opinions of IE Online Media Services Pvt Ltd. No journalist is involved in creating sponsored material and it does not imply any endorsement whatsoever by the editorial team. IE Online Media Services takes no responsibility for the content that appears in sponsored articles and the consequences thereof, directly, indirectly or in any manner. Viewer discretion is advised.
India Gazette
an hour ago
- India Gazette
Strong economic growth in Q4 of FY25 due to rise in net indirect taxes, GDP to grow at 6.3 to 6.5% in FY26: SBI Report
New Delhi [India], May 31 (ANI): India's economy recorded strong growth in the fourth quarter of FY25, mainly due to a sharp rise in net indirect taxes, stated a report by the State Bank of India. The report stated that India's GDP grew by 7.4 per cent in Q4 FY25. This growth came as a pleasant surprise and was higher than expected, supported by a 12.7 per cent increase in net indirect taxes. The jump in tax collections significantly contributed to the overall expansion in economic activity during the quarter. It said, 'Q4 throws a pleasant surprise at 7.4 per cent buoyed by growth in net indirect taxes.' SBI has also projected a positive outlook for the Indian economy in the current financial year. It expects the country to remain the fastest-growing major economy in FY26, with GDP growth estimated to be in the range of 6.3 per cent to 6.5 per cent. It added, 'We believe that the Indian economy is poised to remain the fastest-growing major economy in FY26 (GDP growth expected at 6.3-6.5 per cent).' According to the report, the growth momentum is likely to be supported by strong macroeconomic fundamentals, a robust and healthy financial sector, and sustained focus on long-term development goals. These factors are expected to help India maintain stability even in the face of global uncertainties. In January this year, the gross GST revenue stood at Rs 1.96 lakh crore, marking a 12.3 per cent increase compared to the same month last year. February collections reached Rs 1.84 lakh crore, up 9.1 per cent year-on-year. In March, GST collections again touched Rs 1.96 lakh crore, registering a 9.9 per cent annual rise, according to data released by the government. Almost all sectors exhibited better growth numbers in Q4 FY25. The services sector takes the lead with growth at 7.3 per cent in Q4. Among services (in Q4), 'Public administration, defence and Other Services' grew by 8.7 per cent and 'Financial, Real Estate & Professional Services' grew by 7.8 per cent. On a yearly basis services sector grew by 7.2 per cent in FY25 as against 9.0 per cent in FY24. The report also pointed to a rise in household savings, as reflected in the latest RBI annual report. Higher savings are expected to aid domestic investments and provide the necessary financing for growth without adding inflationary pressures. Therefore, SBI does not foresee any major demand-driven price hikes in FY26. SBI concluded that despite potential external and geopolitical risks, India is well-placed to continue on a stable and high-growth path in the coming year. (ANI)
India Gazette
an hour ago
- India Gazette
Union Minister Manohar Lal Khattar meets President Asian Development Bank Masato Kanda
New Delhi [India], May 31 (ANI): Minister of Housing and Urban Affairs and Power, Manohar Lal Khattar and the Asian Development Bank President, Mr. Masato Kanda met today at Shram Shakti Bhawan to discuss ADB's unflagging support and investment in the Indian Urbanisation, said a release from the Ministry of Power. According to the release, the meeting emphasised ADB's past support extended to various developing sectors and highlighted potential areas of investment to achieve the glorious vision of 'Viksit Bharat 2047'. Union Minister Lal and President Kanda discussed a range of issues, addressing India's development in Mass Transit Systems, Inclusive Housing, Urban Sanitation and Infrastructure, Urban Governance and Reforms, among other topics. The Hon'ble Minister shed light on the expanse of the development boom experienced by the mobility sector, as successful models of Multi-Modal Transit Systems are being deployed and scaled up throughout the country. According to the release, the Minister emphasised the significant progress made under key flagship missions such as Swachh Bharat Mission, AMRUT, and PMAY-Urban, and underscored the opportunity for ADB to align its investments with India's urban development agenda to advance the shared vision of creating sustainable, inclusive, and connected cities. ADB's President, Kanda, congratulated India for the steadfast growth witnessed in the Rapid Rail Transit System (RRTS) and called the progress impressive. He also commended on how the Rail Network tactfully managed air pollution, transportation and social challenges, and how it is a matter of immense pride to be associated with the project. Continuing on this pattern of growth, the President advised how such efforts can be amplified by using integrated planning and holistic development, ensuring the involvement of private players equipped to deploy innovation on the ground for path-breaking results. As per the release, both officials discussed the importance of the Urban Challenge Fund being forward-looking in its design, with strong support from municipal corporations to improve the bankability of projects. The Minister appreciated ADB's collaboration in developing knowledge frameworks aligned with the priorities outlined in the Union Budget 2025-26. The Fund envisions cities as Growth Hubs, serving as blueprints for transforming water, sanitation, and waste services in 100 Indian cities. The Minister also expressed interest in ADB initiating demonstration projects that could serve as lighthouse models for future urban development. The meeting concluded with a vote of thanks from Srinivas Katikithala, Secretary, Housing and Urban Affairs, with an expression of appreciation for ADB's partnership and commitment. (ANI)
