Vishal Mega Mart, Meesho face lock-in unlock as $31B floods 75 IPOs
Pre-IPO investor lock-ins expire across 75 listings, freeing roughly $31 billion in shares including 923 million of Vishal Mega Mart and 3,083 million of Meesho. Near-term supply overhang threatens retail-sector tickers as ethanol blending rules and India-UK FTA luxury cuts reshape the consumption tape.
BL morning roundup: lock-in expiries unlock $31B across 75 IPOs including Vishal Mega Mart (923M shares) and Meesho (3,083M); ethanol-blended petrol gets excise exemption; luxury automakers cut prices on British-built cars pre-India-UK FTA.