Axis Securities highlighted a cumulative Rs 2,378 crore worth of anchor investor shares set to be unlocked across 11 recently listed companies during April and May, raising the possibility of near-term supply pressure in select IPO names. The data, as of March 2026, shows a cluster of 30-day lock-in expiries concentrated through April, followed by 90-day expiries spilling into May.
Sedemac Mechatronics is among the earliest April unlocks, with shares worth about Rs 364 crore becoming eligible for trading on April 7.
Amagi Media Labs faces an unlock of Rs 366 crore on April 18, making it one of the larger events in the month.
On the same day, GSP Crop Science will see Rs 127 crore worth of shares unlocked. While smaller in size, the clustering with Amagi’s expiry could contribute to cumulative pressure mid-month.
Shadowfax Technologies is set for a significant expiry on April 22, with shares worth Rs 397 crore coming out of lock-in.
Central Mine Planning & Design will witness the largest April expiry, with Rs 421 crore worth of shares unlocking on April 23.
Moving into May, Fractal Analytics leads with the biggest expiry across both months, as shares worth Rs 528 crore become eligible for sale on May 12.
Aye Finance will also see an expiry on May 12, with Rs 168 crore worth of shares unlocking.