Meesho, Tata Capital shares worth over ₹4,500 crore to free up for trade as lock-in ends today

Wednesday, January 7, will be an important trading session for two stocks, e-commerce player Meesho Ltd. and recent listing Tata Capital, as their respective shareholder lock-in periods come to an end.

As many as 109.9 million shares of Meesho, or 2% of its outstanding equity, will become eligible for trading today after the expiry of its one-month shareholder lock-in, according to Nuvama Alternative & Quantitative Research.

Based on Tuesday's closing price, these shares are valued at around ₹1,997 crore.

Shares of Meesho are still up nearly 64% from their issue price of ₹111, although they are down 28% from their post-listing high of ₹254.

The company made its stock market debut on December 10, listing at a premium to its issue price and closing 53% above the IPO price on the first day of trade.

Meesho's three-day IPO, with an issue size of over ₹5,000 crore, received healthy subscription from both institutional and retail investors.

Shares of Tata Capital, the largest IPO of 2025, will also see the end of their three-month shareholder lock-in period on Wednesday.

About 71.2 million shares, or 2% of the company's outstanding equity, will become eligible for trading.

After remaining locked in a narrow range for much of the last three months, Tata Capital shares have moved above their issue price over the past two weeks, including a gain of over 6% last Friday.

At Tuesday's closing price, the shares coming out of lock-in are valued at around ₹2,573 crore. The stock is now up 11% from its issue price of ₹326.

All seven analysts tracking Tata Capital have a 'Buy' rating on the stock, with price targets going as high as ₹410.

The ₹15,000 crore-plus IPO was fully subscribed by the close of bidding, with the stock debuting around its issue price and continuing to trade within a narrow band thereafter.

Apart from these two stocks, shareholder lock-ins will also end for a few other recently listed names.

Aequs will see 16.7 million shares, or 2% of its outstanding equity, worth about ₹230 crore, become eligible for trading. The stock currently trades 10% above its IPO price.

Vidya Wires will see 8.7 million shares, or 4% of its outstanding equity, worth about ₹44 crore, come out of lock-in, with the stock trading 4% below its issue price.

It must be mentioned that the ending of the shareholder lock-in does not mean that all those shares will be sold in the open market, but they only get eligible to be traded.