Swiggy, Hyundai Shares in Focus as Massive Lock-in Expiry Wave Set for May–June

Swiggy, Hyundai Shares in Focus as Massive Lock-in Expiry Wave Set for May–June

As May–June 2026 approaches, Swiggy Limited and Hyundai Motor India are entering a crucial phase, with large portions of locked-in shares becoming eligible for trading—an event that could significantly impact stock prices and market volatility.

Lock-in expiries, mandated by Securities and Exchange Board of India (SEBI), prevent early investors from selling shares immediately after an IPO. Once these restrictions lift, a surge in tradeable shares often leads to increased supply, which can weigh on stock prices in the short term.

For Swiggy Limited, the final 18-month lock-in expiry in June 2026 marks the completion of a phased liquidity release. Earlier, in May 2025, around 83% of its shareholding—equivalent to 189.75 crore shares—became eligible for trading. These shares were valued at nearly ₹62,000 crore. The upcoming phase could trigger large block deals and a temporary “supply shock” as remaining locked-in shares hit the market.

Meanwhile, Hyundai Motor India faces its one-year lock-in expiry milestone on April 20, 2026. Around 163 million shares, representing about 20% of total equity, will become tradeable. Despite strong fundamentals, including robust SUV sales and a leading position in the mid-size segment, the sudden increase in supply may create near-term price pressure.

Market participants typically monitor such periods closely for bulk and block deal activity on exchanges like National Stock Exchange of India and BSE Limited, which often signal institutional intent before broader selling begins.

While lock-in expiries are fundamentally liquidity events rather than negative triggers, the balance between selling pressure and buyer demand will determine price movements. With strong business fundamentals supporting both companies, the upcoming months could present both risks and opportunities for investors navigating IPO stocks and market volatility.