Swiggy’s stock witnessed a sharp fall in early trading on Tuesday as the six-month IPO lock-in period for non-promoter, pre-IPO investors officially ended. This led to heightened selling pressure, pushing the stock price down by over 7%.
Majority of Shares Now Eligible for Trading
As of May 13, 2025, approximately 83% of Swiggy’s total shareholding — nearly 189.75 crore equity shares — became eligible for trading. This massive unlock follows the end of the mandated lock-in period that had barred early investors from offloading their holdings post the company’s public debut.
The total value of the shares that became tradable is estimated to be around ₹62,000 crore, according to stock exchange data. Despite this development, it’s important to understand that lock-in expiry doesn’t guarantee immediate selling. It simply allows shareholders the option to trade on the open market.
Learn more about IPO lock-in periods and their impact on stock volatility.
Market Reaction
Swiggy shares plunged 7.33% to ₹297.00 per share during early morning trade on the Bombay Stock Exchange (BSE). By 9:25 AM, the price slightly recovered to ₹302.20, still down by 5.71% from the previous close.
This event marks a crucial moment for Swiggy, which went public just six months ago in one of the most anticipated IPOs in India’s tech space.
What’s Next for Investors?
While some investors see this as a bearish signal, others view the dip as a potential buying opportunity. It remains to be seen how much of the newly unlocked shares will actually hit the market.
Related Read: How Swiggy’s IPO Changed the Indian Tech Startup Landscape
For investors, this could be a good time to reassess your portfolio strategy. Major post-IPO unlocks can introduce volatility, but they also bring liquidity and market maturity.
For more insights into Indian markets and IPO trends, explore our Markets section.
