Three companies will see shares worth nearly ₹40,000 crore free up for trade today; details here
Published on 20/04/2026 07:42 AM
It must be noted that the end of the shareholder lock-in does not mean all the shares will be sold in the open market. They only become eligible to be traded. Here's a look at the three companies in greater detail:Hyundai Motor India, Canara HSBC Life Insurance, Amagi Media Labs are the three companies who will see their shareholder lock-ins end on Monday, April 20. Barring Canara HSBC Life Insurance, Hyundai Motor India and Amagi Media Labs are trading below their issue price.Based on the respective closing price on Friday, the total value of the shares that become eligible to be traded is worth ₹38,927 crore. It must be noted that the end of the shareholder lock-in does not mean all the shares will be sold in the open market. They only become eligible to be traded. Here's a look at the three companies in greater detail:Hyundai Motor India | The company will see its six-month and beyond shareholder lock-in period end on Monday. According to Nuvama Alternative and Quantitative Research, as many as 162.5 million shares, or 20% of the company's outstanding equity will free up for trade as the lock-in period ends. Based on Friday's closing price, those shares are valued at ₹30,696 crore. The stock currently trades 1% below its issue price of ₹1,906 apiece.Canara HSBC Life Insurance | The company will also see its six-month lock-in period end on Monday. According to Nuvama Alternative's note, as many as 522.5 million shares, or 55% of the company's outstanding equity will free up for trade today. Based on Friday's closing price, the total value of the shares that become eligible to be traded is worth ₹7,836.98 crore. The stock is trading 42% above its IPO price of ₹106 per share.Amagi Media Labs | The company will see as many as 11.1 million shares, or 5% of its outstanding equity become eligible to be traded once its three-month shareholder lock-in ends on Monday. Based on Friday's closing price, the total value of shares that free up for trade is worth ₹394 crore. The stock is trading nearly 2% below its issue price of ₹361 per share.Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.