As many as 13 listed companies are set to witness the expiry of their shareholder lock-in periods over the coming week, spanning the final three trading sessions of 2025 and the first two days of the new year.
According to estimates by Nuvama Alternative & Quantitative Research, shares worth nearly ₹55,000 crore (around $6 billion) will become eligible for trading during this period. A significant portion of this value is concentrated in a single company, HDB Financial Services.
Below is a day-wise breakdown of the upcoming lock-in expiries.
The week commenced with a substantial unlock, with shares worth over $1 billion becoming tradable. Ventive Hospitality alone accounts for the bulk of this, as shares valued at ₹8,791 crore exit their lock-in on Monday. As of Friday’s close, Ventive’s stock was trading 12% above its issue price.
Other companies seeing lock-in expiries on the same day include TruAlt Bioenergy (₹100 crore), Jinkushal Industries (₹13 crore), Jain Resource Recycling (₹497 crore), and Epack Prefab Technologies (₹110 crore).
While shares of TruAlt Bioenergy and Jinkushal Industries are trading 19% and 26% below their IPO prices, Jain Resource Recycling has surged 78% since listing. Epack Prefab Technologies has also delivered strong gains, trading 45% above its issue price.
Two companies, Pace Digitek and Ellenbarrie Industrial Gases, will see their lock-in periods conclude on Tuesday.
Shares worth ₹108 crore of Pace Digitek and ₹810 crore of Ellenbarrie Industrial Gases will become eligible for trading. Both stocks are currently trading about 13% below their respective IPO prices.
On the final trading day of 2025, real estate developer Kalpataru and Akme Fintrade will see their lock-in restrictions lifted.
Kalpataru will have shares worth nearly ₹3,900 crore unlocked, while Akme Fintrade, adjusted for its stock split, will see shares valued at around ₹60 crore become tradable. Kalpataru’s stock is down 16% from its IPO price, whereas Akme Fintrade has declined 43%.
A relatively lighter day follows, with two underperforming IPOs seeing their lock-in periods end on New Year’s Day.
Glottis, which has fallen 53% from its issue price within three months of listing, will have shares worth ₹13 crore unlocked. All Time Plastics, whose shares are down 5% from the issue price, will see ₹105 crore worth of shares become tradable.
The week will conclude with the most significant lock-in expiry. HDB Financial Services’ six-month lock-in period ends on Friday, resulting in nearly 58% of its outstanding equity, approximately 481.5 million shares, becoming eligible for trading.
At Friday’s December 26, the closing price of these shares was valued at nearly ₹37,000 crore. HDB Financial’s stock continues to hover close to its IPO price of ₹740.
It is important to note that the expiration of a lock-in period does not automatically imply selling pressure. Rather, it simply allows previously restricted shareholders the option to trade their holdings.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Dec 30, 2025, 10:28 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
