Egypt names Islam Azzam as stock market chairman for a year
From August 25 to November 27, 2025, 57 companies are expected to have their pre-listing shareholder lock-ins released, with a total value of USD 20 billion. This figure represents the overall value of shares that will become available, though it is crucial to understand that not all of these shares will be put up for sale, as a significant number are also owned by Promoters [1].
The forthcoming unlocks encompass various sectors, indicating a busy phase for IPO lock-in expirations. Several firms will have their shareholder lock-ins released within the one-month period concluding mid-September. GNG Electronics will unlock roughly 3 million shares, representing 3% of the company's overall outstanding equity; Brigade Hotel Ventures will release around 18 million shares, which is about 5% of the company's total outstanding equity. Indiqube Spaces will issue approximately 7 million shares, which is 3% of the company's total outstanding equity. Aditya Infotech is expected to release about 4 million shares, equal to 4% of its total outstanding equity [1].
A bigger portion of unlocks is set to happen from late August to mid-November according to the three-month timeline. Belrise Industries is set to issue around 36 million shares, which accounts for 4% of the company’s total equity outstanding. Prostarm Info Systems plans to issue about 2 million shares, also representing 4% of its total outstanding equity. Aegis Vopak Terminals intends to release approximately 27 million shares, making up 2% of its total outstanding equity. Schloss Bangalore will issue roughly 18 million shares, corresponding to 5% of the company’s total outstanding equity [1].
Two major unlocks are planned within the six-month timeframe where Ather Energy will release around 162 million shares, which represents 44% of the total outstanding equity of the company; and Borana Weaves will issue approximately 3 million shares, amounting to 10% of the company's total outstanding equity [1].
The objective of these lock-in periods is to provide stability, avoid immediate price fluctuations, and showcase commitment to the long-term success of the companies after their IPOs. Mohit Gulati, the CIO and managing partner of ITI Growth Opportunities Fund, noted that these periods bring out two kinds of investors: smart traders who use the window to take money off the table where valuations have clearly run ahead of themselves, and patient, value-driven investors who see these very sell-offs as an opportunity to build long-term positions in businesses they like [1].
References:
[1] https://www.livemint.com/market/ipo/ipo-lock-in-of-57-companies-to-expire-in-3-months-20-billion-shares-to-flood-stock-market/amp-11756112289663.html
Comments
No comments yet