Meesho lock-in expiry looms. Time to be cautious as ₹60,000-crore worth of stocks to be tradable?
Shares of new-age tech stock Meesho could face some turbulence next week as the lock-in on nearly 68% of its pre-IPO shares will expire on 9 June 2026. This would make the total stock worth ~ ₹60,000 crore tradable the very next day, as per JM Financial’s estimates.
Even if one were to assume that only 10% of the company’s stake will be available for trade immediately post-expiry, the total outflows could be ~ ₹6,000 crore, more than the total IPO size of ~ ₹5,400 crore, the brokerage estimated. This high liquidity could weigh heavily on the counter.
