$31bn share lock-ins expire by September across 75 IPOs, opening PE/VC exits at Meesho, Vishal Mega Mart

Lock-in expiries on 75 recent IPOs unlock $31 billion in tradable shares between June and September. Retail-linked names dominate: Meesho frees 3.08 billion shares (68% of equity), Vishal Mega Mart 923 million, Shadowfax 260 million, alongside Wakefit. Expect staggered block deals as PE/VC backers trim stakes.

— Source publishedThu, 11 Jun, 2026, 19:51 IST·First seen Thu, 11 Jun, 2026, 19:55 IST·Source The Hindu BusinessLine

What happened

Lock-in expiries on 75 recent IPOs unlock $31 billion in shares by September, including Meesho (3.08 billion shares), Vishal Mega Mart (923 million), Wakefit

Key facts

  • $31 billion
  • 75 IPOs
  • 3,083 million shares (Meesho, 68% equity)
  • 923 million shares (Vishal Mega Mart)
  • 260 million shares (Shadowfax)

Why this matters

PE/VC trimming creates a four-month window to engage exiting backers on secondaries, PIPEs, or strategic stake purchases in newly-listed retail names before cap tables resettle.