Whalesbook
Toh scene yeh hai ki jab koi company IPO laati hai na, toh kuch bade investors (anchor investors) usme pehle paisa laga dete hain. Unke liye ek lock-in period hota hai, usually 30 ya 90 din ka, jisme woh shares bech nahi sakte. Jab yeh period khatam hota hai, tab woh apne shares bech sakte hain.
Aur April 2026 mein aise hi ₹3,769 Crore ke shares, 12 nayi companies ke unlock ho rahe hain. Sawaal yeh hai ki kya isse market mein selling pressure badhega? Par experts keh rahe hain ki asli impact kisi ek stock par nahi, balki alag-alag sectors par alag-alag hoga.
Tech aur Media Stocks Ka Kya Hoga?
Companies jaise Fractal Analytics aur Amagi Media Labs ko thodi mushkil ho sakti hai. Kyunki Indian IT sector mein aajkal earnings forecasts kam aa rahe hain aur AI ka bhi scene chal raha hai. Nifty IT index toh already 25% down hai yaar. Fractal Analytics, jiski market cap ₹13,630 Crore hai, aur Amagi Media Labs (₹7,000-₹7,700 Crore market cap), dono hi aise sector mein hain jahan valuations growth par depend karte hain. AI se service revenues par kitna asar padega, yeh bhi ek bada sawaal hai.
Logistics Sector Mein Stability?
Wahi, Shadowfax Technologies jaisi logistics companies mein zyada stable demand rehne ki ummeed hai. Inki market cap ₹6,800 Crore ke aas-paas hai aur performance e-commerce growth se judi hai. Tech ke comparison mein inke valuations mein itni tezi se girawat nahi dikhegi.
Mining Aur Renewables Ka Scene
Central Mine Planning & Design Institute (CMPDIL) aur Bharat Coking Coal (BCCL) jaise mining companies market cycles follow karti hain. Industry mein production badh raha hai (4.3% YoY), par Coal India ka production kam hua hai (1.5% YoY). CMPDIL toh March 31, 2026 ko list hote hi 10% discount pe chala gaya tha, matlab market ko pehle se hi doubts the. BCCL bhi 52-week low ke paas trade kar raha hai.
Renewable energy mein Clean Max Enviro Energy ka sector achha perform kar raha hai (4.6 GW capacity add hui Q1 FY26 mein), toh shayad inko zyada fark na pade.
Risk: Overvalued IPOs Aur AI Ka Dar
Sabse bada risk yeh hai ki kahi ye IPOs overpriced toh nahi the? Especially tech sector mein. Fractal Analytics ke pre-IPO P/E ratios 65.5x se 109.12x tak the, matlab investors ko future se badi ummeed thi. Agar market ka mood kharab hua ya AI disruption ka dar badha toh yeh high valuations tezi se gir sakte hain. IPO market bhi pehle 31% fees down thi, matlab dealers bhi cautious the. Jin companies ke finances kamzor hain ya jo recent mein high prices par list hue hain, unpar zyada risk hai.
Market Kaise Absorb Karega?
Sirf shares unlock hona hi nahi, market unhe kaise absorb karta hai, yeh overall economy aur investor sentiment par depend karega. Indian IPO market ab quality par focus kar raha hai. Achhe business models aur confirmed profits waali companies, especially logistics aur renewable energy jaisi stable sectors mein, tech aur cyclical industries ke muqable zyada better position mein hain anchor investor sales ko handle karne ke liye.