Shares worth $26 billion can soon hit market as IPO lock-ins end (opens original article in a new tab)
About $26 billion in shares from 71 companies will become available for sale as IPO lock-ins expire, potentially affecting stock prices.
- About $26 billion worth of shares from 71 companies will become eligible for sale as IPO lock-ins expire between June 17 and September-end
- Shares worth $15.96 billion from 31 companies, including ICICI Prudential AMC, will become eligible for sale in the next month
- ICICI Prudential AMC's shares worth $11.87 billion, nearly 70% of its outstanding equity, will be unlocked on June 19
- Analysts warn that the potential share sales could pressure stock prices if institutional demand cannot absorb the supply
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