Astorne Capital: IPO Anchor Investments

Astorne Capital in SME IPOs (19 anchored)

IPOs anchored
37
2026 latest
Amount invested
INR 327.12 crore
at the anchor price
Median gain at open
+7.69%
listing day, vs issue price
Opened above issue price
72.97%
share of these IPOs
At 30-day unlock
+4.37%
median, 37 IPOs
At 90-day unlock
+3.74%
median, 34 IPOs
Vs same-year IPOs
-0.91
percentage points; median gap at open

All 37 IPOs Anchored

IPOListedInvested (INR crore)Share of anchor bookSchemes Gain at openGain at closeAt 30-day unlockAt 90-day unlock
SonaSelection India24 September 202622.7353.53%1+3.34%+8.51%-3.15%–
National Stock Exchange24 September 2026200.30%1+0.84%+1.85%-5.01%–
LCC Projects17 September 20263023.41%1+29.45%+16.51%-7.62%–
PNGS Reva4 March 202617.5710.30%1-2.85%+6.66%-14.04%-2.42%
Fujiyama Power Systems20 November 2025104.05%1-3.51%-8.58%-13.47%-10.02%
Advance Agrolife8 October 202558.66%1+14%+8.30%+38.75%+31.18%
Solarworld Energy Solutions30 September 202552.27%1+10.68%-7.83%-14.70%-24.62%
Jaro Institute of Technology Management and Research30 September 202553.70%10%-16.38%-29.59%-43.52%
VMS TMT24 September 2025518.71%1+5.96%+0.66%-28.93%-45.66%
Vikram Solar26 August 20255.030.81%1+1.81%+7.35%+0.30%-9.44%
Gem Aromatics26 August 20255.063.74%1+2.49%-1.83%-18.11%-43.62%
JSW Cement14 August 2025100.93%1+4.42%-0.63%-0.89%-14.67%
NSDL6 August 202550.42%1+10%+17%+55.22%+40.72%
Shanti Gold International1 August 202554.63%1+14.35%+15.27%+10.41%+6.42%
GNG Electronics30 July 202553.62%1+49.79%+40.67%+42.55%+35.46%
Sambhv Steel Tubes2 July 20255.013.11%1+34.15%+19.01%+55.74%+31.82%
ArisInfra Solutions25 June 20253013.34%1-7.66%-21.45%-34.25%-23.21%
Belrise Industries28 May 202550.78%1+11.11%+8.23%+15.67%+58.30%
Hexaware Technologies19 February 20255.320.20%1+5.30%+7.70%+3.97%+5.16%
Denta Water and Infra29 January 202557.56%1+10.54%+16.07%+4.37%+2.31%
Senores Pharmaceutical30 December 2024103.84%1+53.45%+42.47%+29.99%+47.85%
International Gemmological Institute20 December 20245.030.26%1+22.30%+12.99%+24.24%-23.48%
Swiggy13 November 20247.310.14%1+7.69%+16.92%+33.99%-7.15%
Western Carriers24 September 202453.38%1-0.58%-7.30%-16.44%-33.59%
Shree Tirupati Balajee Agro12 September 20246.0111.80%1+8.43%+13.86%-8.12%-6.01%
OLA Electric9 August 202450.18%10%+20%+44.17%-2.39%
Vraj Iron and Steel3 July 202459.75%1+15.94%+21.74%+10.94%+29.19%
SRM Contractors3 April 202410.0325.67%1+2.50%+7.62%-5.17%-15%
Platinum Industries5 March 202457.08%1+31.58%+29.36%+4.44%+13.19%
Jana Small Finance Bank14 February 202453%1-4.35%-11.07%-7.46%+50.63%
BLS E-Services6 February 202453.97%1+125.93%+171.11%+170.96%+126.37%
Muthoot Microfin26 December 2023103.51%1-5.40%-8.54%-20.57%-31.98%
Protean eGov13 November 202353.48%10%+11.49%+44.51%+81.48%
ESAF Small Finance Bank10 November 2023107.40%1+18.33%+15.08%+12.83%+17.42%
Plaza Wires12 October 20231050%1+40.74%+48.52%+125.09%+99.91%
Valiant Laboratories6 October 20231021.86%1+15.82%+21.61%+37.75%+23.75%
Zaggle Prepaid Ocean Services22 September 202383.16%10%-3.45%+30.95%+42.47%

"At 30-day unlock" and "At 90-day unlock" compare NSE's official close on the first trading day on or after allotment + 30 and + 90 days (the first day the shares can be sold) with the issue price. "–" means there is no figure: the date has not come yet, the IPO opened before 1 April 2022 (no 90-day lock-in then), or its allotment date is not on record.

Schemes and Entities Used

Mutual fund schemes are shown under their current name in AMFI's scheme list; other names are as printed in each IPO's anchor allocation letter to the exchanges. Mainboard IPOs listed in 2018 to 2026 whose anchor allocation letter we could read and reconcile: 485 IPOs. See the methodology.