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  1. Nearly $21 billion worth of shares will likely be available for trading next month: IREDA, One Mobikwik on the list; check details

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Nearly $21 billion worth of shares will likely be available for trading next month: IREDA, One Mobikwik on the list; check details

Upstox

2 min read | Updated on May 29, 2025, 13:34 IST

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SUMMARY

On Thursday, shares of Indian Renewable Energy Development Agency (IREDA) were trading 1.91% higher while shares of Vishal Mega Mart gained 1.24% during the intraday period. Inventurus Knowledge Solutions shares, however, were down 0.19%

Trading

Gandhar Oil Refinery will see 2 crore lock-in shares, accounting for 20% of the outstanding shares, getting lifted on Thursday. | Image: Shutterstock

A total of $21 billion worth of shares are likely to hit the market next month as 24 companies’ pre-listing shareholder lock-in periods are set to expire over the next 30 days, Business Today reported citing a study by Nuvama Institutional Equities.
According to a Business Today report, Gandhar Oil Refinery will see 2 crore lock-in shares, accounting for 20% of the outstanding shares, getting lifted on Thursday.
Meanwhile, Vishal Mega Mart, IREDA and Inventurus Knowledge Solutions are likely to see $1.1-3.7 billion worth of shares coming to the market for trading in the next few sessions. These shares are worth $38 million.
On Thursday, shares of Indian Renewable Energy Development Agency (IREDA) were trading 1.91% higher while shares of Vishal Mega Mart gained 1.24% during the intraday period. Inventurus Knowledge Solutions shares, however, were down 0.19%.

The report further said that Fedbank Financial Services will see its lock-in getting removed on Friday, May 30. A total of 7.4 crore shares worth $81 million, accounting for 20% of the outstanding shares, will be released to the market.

Environ Infra Engineers (9.1 crore shares), Ather Energy (2.1 crore shares) and IREDA (53.8 crore shares) would see their lock-ins getting expired on June 2, Inventurus Knowledge on June 9 (10 lakh shares), Suraksha Diagnostic (2.2 crore shares) on June 10 and Vishal Mega Mart (254.20 crore shares) and Sai Life Sciences (10 crore shares) on June 17.

The study included businesses listed up until May 26, the Business Today report said.
One Mobilkwik Systems will see pre-listing shareholder lock-ins expire on June 18, India Shelter Finance Corp on June 19, Inox India on June 20, Credo Brands Marketing and Suraj Estate Developers on June 23, and Muthoot Microfinance on June 24. Others included Ventive Hospitality (June 26), Carraro India (June 26), Sanath Textiles (June 26), Mamata Machinery (June 26), Transail Lighting (June 27), and DAM Capital Advisors.
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