Indian IPO shares plunged after lock-up periods expired, releasing millions into market.

On March 16, 2026, shares of four Indian companies—Fractal Analytics, Aye Finance, Park Medi World, and Nephrocare Health Services—fell after their IPO lock-in periods expired, releasing millions of shares into the market. Fractal Analytics dropped 4.35%, Aye Finance tumbled 7.42%, and Park Medi World and Nephrocare declined 3.2% and 2.8%, respectively. The move follows the unlocking of nearly 3.6 crore shares, with broader market impact expected as lock-ins for 88 recent IPOs expire through June 2026, potentially releasing $72 billion in tradable shares.