11 IPO stocks to see lock-in expiry worth Rs 2,378 crore in next two months. Do you own any?

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.

Bharat Coking Coal follows with an expiry on April 13, involving shares valued at Rs 178 crore.

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.

Gaudium IVF and Women Health faces a relatively small expiry of Rs 22 crore on May 25, which is unlikely to materially impact stock movement on its own.

Clean Max Enviro Energy will see Rs 336 crore worth of shares unlocked on May 26.

PNGS Reva Diamond Jeweller rounds off the list with an expiry of Rs 74 crore on May 27.