Meesho shares experienced a sharp decline on Wednesday, January 7, hitting the 5% lower circuit as the company's one-month shareholder lock-in period expired. The stock opened over 4% lower at ₹174.5 on NSE and touched a day low of ₹173.13 with a day high of ₹180 per share. According to Upstox News, 109.9 million shares representing 2% of the company's outstanding equity worth approximately ₹2,000 crore became eligible for trading. Despite the sharp decline, Meesho stock continues to trade above its IPO issue price of ₹111 per share. The SoftBank-backed e-commerce platform had made a strong debut on December 10, listing at over 46% premium at ₹162.50 per share, and reached an all-time high of ₹254.40 on December 18 before correcting 28% from its peak.
The Meesho decline is part of a massive week of share unlocks, with fourteen companies witnessing shares worth approximately ₹14,000 crore becoming eligible for trading as their shareholder lock-in periods conclude. According to CNBC-TV18 reports, this substantial volume of shares being released presents significant risk of increased selling pressure across the market. The list includes several prominent recent listings such as Meesho, Tata Capital, LG Electronics India, and WeWork India, representing some of the most significant IPOs of 2025. Market analysts warn that this influx could trigger considerable selling pressure, impacting stock prices despite many companies trading above their IPO levels but below post-listing highs.
Tata Capital, recognized as the largest IPO of 2025, concluded its three-month shareholder lock-in period on Wednesday, January 7, with 71.2 million shares or 2% of outstanding equity worth ₹2,573 crore becoming tradeable. According to Nuvama Alternative and Quantitative Research, the release of shares from lock-in does not necessarily imply immediate selling in the open market, but only makes these shares available for trading. The stock has shown renewed momentum in recent weeks, moving 11% above its issue price of ₹326 after trading in a narrow range for most of the past three months. The shares gained over 6% in Friday's session and ended 0.49% higher on Tuesday at ₹361.35. Analyst sentiment remains exceptionally positive, with all seven analysts tracking Tata Capital maintaining a 'Buy' rating on the stock, with price targets reaching as high as ₹410 per share. The company's ₹15,000 crore plus IPO was fully subscribed by the end of the bidding period, and the stock made its debut close to the issue price.
LG Electronics India began its three-month shareholder lock-in period expiry on Thursday, January 8, with 15.2 million shares or 2% of outstanding equity worth ₹2,211 crore becoming eligible for trading based on Wednesday's closing price. The stock ended 2.7% lower on Wednesday at ₹1,454.60, reflecting market concerns ahead of the unlock. According to CNBC-TV18 reports, the company recently received its lowest price target since listing when Avendus Spark initiated coverage with a 'Reduce' rating and a price target of ₹1,536 per share on December 24. The brokerage noted that while competition has increased and customer bargaining power has weakened, LG Electronics' extensive reach continues to remain a key strength. The stock has risen about 28% from its issue price of ₹1,140 but has corrected around 17% from its post-listing high of ₹1,749. WeWork India, the Indian unit of the global co-working space provider, will conclude its three-month lock-in period on Tuesday, with 10.4 million shares or 8% of outstanding equity worth ₹637 crore freeing up. The stock currently trades 6% below its issue price of ₹648.
Bansal Wire Industries concluded the massive unlock wave on Friday, January 9, as the stainless steel wire manufacturer's six-month and longer-term shareholder lock-in period expired. According to Nuvama Alternative and Quantitative Research, 31.3 million shares or nearly 20% of the company's total outstanding equity became eligible for trading, with an estimated value of ₹945 crore based on Thursday's closing price. The company, regarded as India's second largest steel wire manufacturer and largest stainless steel wire manufacturer, ended 1.18% lower on Thursday at ₹301.90 per share. The stock continues to trade approximately 18% above its issue price of ₹256 per share. According to the September 2025 quarter shareholding pattern, promoters held a 77.99% stake in Bansal Wire Industries, marginally above the minimum public shareholding requirement of 75%. The company operates across three key segments: high carbon steel wire, mild steel wire, and stainless steel wire, with its dominant market position reflected in its ability to maintain margins despite raw material cost fluctuations.
