Over ₹70500 Crore in Shares to Hit Market in February 2025 as IPO Lock-ins End for Swiggy, Ola Electric, and FirstCry

In February 2025, over ₹70,500 crore worth of shares from companies like Swiggy, Ola Electric, and FirstCry will become tradable as their IPO lock-in periods expire. Ola Electric is set to release the largest volume, with 1.96 billion shares eligible for sale. This marks a significant market shift, with 82 companies’ shares unlocking by April, totaling over $32 billion in value.

CONTENTS:

• Over Rs 70,500 Crore in Shares Set to Hit Market as IPO Lock-in Periods Expire for Companies Like Swiggy, Ola Electric, and FirstCry in February 2025
• Over $32 Billion Worth of Shares to Be Unlocked by April 2025 as IPO Lock-in Periods End for 82 Companies, Including Swiggy and Hyundai Motor India
• Swiggy and Afcons Infrastructure Set to Unlock Shares as Lock-in Period Ends: Swiggy’s Q2 Loss Narrows, Afcons Sees 30% Profit Increase
• Ola Electric Unveils Roadster X Electric Motorcycle: Prices, Features, and Variants Revealed

Over ₹70500 Crore in Shares to Hit Market in February 2025 as IPO Lock-ins End for Swiggy, Ola Electric, and FirstCry

Over Rs 70,500 Crore in Shares Set to Hit Market as IPO Lock-in Periods Expire for Companies Like Swiggy, Ola Electric, and FirstCry in February 2025

Over ₹70500 Crore in Shares to Hit Market In February 2025, more than two dozen companies, including well-known names like Swiggy, NTPC Green Energy, TVS Supply Chain, Northern Arc Capital, FirstCry, Ola Electric, and Unicommerce Solutions, will see the expiration of their IPO lock-in periods. As a result, shares worth approximately Rs 70,500 crore could potentially enter the market. Ola Electric is set to release the largest volume, with 1.96 billion shares becoming eligible for sale on February 10. Other companies like FirstCry, SBFC Finance, NTPC Green Energy, and Sagility India will also see over 100 million shares reach the open market.

FirstCry, with a potential sale value of Rs 15,979 crore, is expected to have the highest value of lock-in shares, followed by Ola Electric at Rs 14,691 crore. Premier Energies will see shares worth Rs 10,752 crore become eligible for sale. Other companies with shares exceeding Rs 1,000 crore in sale value include Concord Biotech, Juniper Hotels, Ceigall India, Swiggy, NTPC Green Energy, and Northern Arc Capital.

While it’s not certain that shares will be sold immediately, the expiration of the lock-in periods gives shareholders the option to do so. Additionally, reports indicate that by April 30, over 80 companies will have their lock-in periods end, with a total potential sale value reaching around $32 billion.

Over $32 Billion Worth of Shares to Be Unlocked by April 2025 as IPO Lock-in Periods End for 82 Companies, Including Swiggy and Hyundai Motor India

Over ₹70500 Crore in Shares to Hit Market By April 2025, shares worth over $32 billion from 82 companies will become tradable as their IPO lock-in periods end, according to Nuvama brokerage. This includes well-known companies such as Swiggy, NTPC Green Energy, and Hyundai Motor India. While this could lead to an influx of market supply, many of the shares are held by promoters and group investors, which may limit immediate selling. For instance, Hyundai Motor India will unlock 50.8 crore shares (62% of its total) on April 21.

Shares will be unlocked throughout the period from January 29 to April 30, 2025. For example, ACME Solar, Indo Farm Equipment, and Capital Infra Trust will release substantial portions of their shares, with some companies like Capital Infra Trust unlocking 26% of their shares on February 13. However, it’s expected that not all shares will be sold right away, as much of the stock is likely to remain with the original investors.

Swiggy and Afcons Infrastructure Set to Unlock Shares as Lock-in Period Ends: Swiggy’s Q2 Loss Narrows, Afcons Sees 30% Profit Increase

The lock-in period for Swiggy and Afcons Infrastructure is set to end on January 29 and 31, 2025, respectively. Swiggy’s shares, listed on November 13, 2024, had an issue price of ₹390. During the lock-in period, insiders, including founders and promoters, are restricted from selling or transferring their shares, as they may possess advantageous information not available to outside investors.

For Swiggy, the company reported a slight reduction in its net loss for Q2 FY25, which stood at ₹625.5 crore, down from ₹657 crore a year ago. However, the loss increased sequentially compared to the ₹611 crore loss in Q1 FY25. Swiggy experienced significant growth in its food delivery and quick commerce sectors during this period.

Afcons Infrastructure, a subsidiary of the Shapoorji Pallonji Group, reported a 30% increase in its net profit for Q2 FY24, reaching ₹135.43 crore, up from ₹104.8 crore in the same period last year. The company also reduced its expenses by 11.45%, totaling ₹2,898.90 crore for Q2 FY24, compared to ₹3,273.96 crore in the previous year.

Ola Electric Unveils Roadster X Electric Motorcycle: Prices, Features, and Variants Revealed

Over ₹70500 Crore in Shares to Hit Market Ola Electric is set to unveil its Roadster X electric motorcycle today at 10:30 am. This follows the pre-production reveal of the Roadster series in August 2024. The production model of the Roadster X is now ready for launch, after the company had earlier introduced its Gen 3 S1 electric scooter range on January 31.

The Roadster X, which had a pre-production model with three battery options, offers a range of up to 200 km with the highest capacity. The 2.5 kWh battery offers 117 km, the 3.5 kWh version provides 159 km, and the 4.5 kWh battery option delivers a range of 200 km. The Roadster X is priced starting at ₹74,999 (Ex-Showroom Bengaluru) and includes features like multiple riding modes, a 4.3-inch LCD screen with Ola’s MoveOS 5, Ola Maps navigation, advanced regenerative braking, cruise control, DIY Mode, TPMS alerts, OTA updates, a digital key unlock, and connectivity with the Ola Electric App.

The Roadster, a mid-range variant, starts at ₹1,04,999 for the 2.5 kWh version, going up to ₹1,39,999 for the 6 kWh variant. It boasts a top speed of 126 km/h, accelerates from 0-40 km/h in 2.2 seconds, and offers a range of 579 km on a single charge, along with a 7-inch touchscreen and diamond-cut alloy wheels.

The Roadster Pro, the highest variant, is priced at ₹1,99,999 for the 8 kWh version and ₹2,49,999 for the 16 kWh model. This version can reach a top speed of 194 km/h and accelerates from 0-40 km/h in just 1.2 seconds. It offers the same 579 km range, a 10-inch touchscreen, and an advanced driver-assistance system (ADAS).

Ola Electric’s stock closed at ₹74.87 on January 4, reflecting a 2.35% increase or ₹1.72 gain.