Axis Max Life Insurance: IPO Anchor Investments
IPOs anchored
96
2026 latest
Amount invested
INR 1,808.79 crore
at the anchor price
Median gain at open
+14%
listing day, vs issue price
Opened above issue price
80.21%
share of these IPOs
At 30-day unlock
+22.75%
median, 91 IPOs
At 90-day unlock
+27.08%
median, 61 IPOs
Vs same-year IPOs
+3.29
percentage points; median gap at open
All 96 IPOs Anchored
| IPO | Listed | Invested (INR crore) | Share of anchor book | Schemes | Gain at open | Gain at close | At 30-day unlock | At 90-day unlock |
|---|---|---|---|---|---|---|---|---|
| Jio Platforms | 28 October 2026 | 50 | 0.62% | 4 | +21.36% | +26.68% | – | – |
| Zetwerk | 23 October 2026 | 30 | 1.33% | 4 | +5.46% | -8.44% | – | – |
| Tonbo Imaging | 23 October 2026 | 5 | 1.96% | 6 | +65.71% | +61.97% | – | – |
| Bonfiglioli Transmissions | 23 October 2026 | 14.95 | 1.97% | 1 | 0% | -1.96% | – | – |
| HD Fire Protect | 21 October 2026 | 7.48 | 3.51% | 3 | +23.62% | +13.19% | – | – |
| National Stock Exchange | 24 September 2026 | 70.54 | 1.05% | 3 | +0.84% | +1.85% | -5.01% | – |
| Kanohar Electricals | 16 September 2026 | 10 | 3.16% | 8 | +8.47% | +18.91% | +77.61% | – |
| Tempsens Instruments | 28 August 2026 | 7.01 | 3.60% | 8 | +111.33% | +95.55% | +81.13% | – |
| Shiprocket | 19 August 2026 | 15.60 | 2.15% | 8 | +35.05% | +47.89% | +27.48% | – |
| Molbio Diagnostics | 17 August 2026 | 7.15 | 2.54% | 8 | +21.44% | +29.08% | +68.13% | – |
| Dhoot Transmission | 17 August 2026 | 10.29 | 1.12% | 8 | +37.77% | +36.29% | +78.63% | – |
| Manipal Health | 5 August 2026 | 25 | 0.60% | 1 | +10.51% | +13.04% | +20.32% | – |
| SBI Funds Management | 21 July 2026 | 30 | 1.13% | 5 | +6.85% | +6.23% | -2.92% | -9.49% |
| Kusumgar | 15 July 2026 | 7.53 | 3.88% | 1 | +35.80% | +43.87% | +47.08% | +38.91% |
| Turtlemint Fintech | 29 June 2026 | 19.75 | 4.97% | 4 | -11.25% | -10.94% | -14.43% | -7.74% |
| Meesho | 10 December 2025 | 20 | 0.82% | 2 | +46.40% | +53.23% | +55.97% | +29.14% |
| Tenneco Clean Air India | 19 November 2025 | 5.10 | 0.47% | 1 | +27.20% | +23.63% | +11.83% | +38.04% |
| Physicswallah | 18 November 2025 | 15 | 0.96% | 1 | +33.03% | +42.42% | +21.16% | -7.93% |
| Pine Labs | 14 November 2025 | 30 | 1.71% | 2 | +9.50% | +13.52% | +7.30% | -3.52% |
| Lenskart Solutions | 10 November 2025 | 20 | 0.61% | 1 | -1.74% | +0.27% | +1.47% | +12.60% |
| LG Electronics India | 14 October 2025 | 35.75 | 1.03% | 2 | +50.01% | +48.24% | +44.40% | +25.43% |
| Seshaasai Technologies | 30 September 2025 | 7.67 | 3.15% | 1 | +2.13% | -2.73% | -9.08% | -35.28% |
| JSW Cement | 14 August 2025 | 15 | 1.39% | 3 | +4.42% | -0.63% | -0.89% | -14.67% |
| Aditya Infotech | 5 August 2025 | 13 | 2.23% | 2 | +50.37% | +60.39% | +84.92% | +101.70% |
| IndiQube Spaces | 30 July 2025 | 20.10 | 6.39% | 1 | -8.86% | -8.03% | -9.64% | -5.12% |
| Anthem Biosciences | 21 July 2025 | 30 | 2.95% | 4 | +26.85% | +28.13% | +40.46% | +36.06% |
| Crizac | 9 July 2025 | 10 | 3.88% | 2 | +14.71% | +25.56% | +24.02% | +15.57% |
| HDB Financial Services | 2 July 2025 | 37 | 1.10% | 3 | +12.84% | +13.64% | +3.83% | +1.10% |
| Schloss Bangalore | 2 June 2025 | 65 | 4.13% | 1 | -6.67% | +0.13% | -6.86% | -8.82% |
| Hexaware Technologies | 19 February 2025 | 12.32 | 0.47% | 2 | +5.30% | +7.70% | +3.97% | +5.16% |
| Dr. Agarwal’s Health Care | 4 February 2025 | 25 | 2.86% | 1 | 0% | -0.09% | -2.54% | -12.04% |
| Laxmi Dental | 20 January 2025 | 5.01 | 1.59% | 4 | +26.64% | +28.63% | -13.12% | -0.81% |
| Inventurus Knowledge Solutions | 19 December 2024 | 24.50 | 2.19% | 4 | +42.96% | +47.54% | +40.17% | +8.88% |
| Vishal Mega Mart | 18 December 2024 | 21 | 0.87% | 3 | +33.33% | +43.50% | +34.91% | +29.95% |
| Sai Life Sciences | 18 December 2024 | 14.50 | 1.59% | 1 | +18.40% | +39.28% | +29.39% | +28.39% |
| Swiggy | 13 November 2024 | 63.06 | 1.24% | 1 | +7.69% | +16.92% | +33.99% | -7.15% |
| Sagility India | 12 November 2024 | 33.63 | 3.56% | 2 | +3.53% | -2.27% | +38.03% | +75.77% |
| Waaree Energies | 28 October 2024 | 10 | 0.78% | 3 | +66.33% | +55.62% | +72.76% | +61.35% |
| Hyundai Motor India | 22 October 2024 | 116.65 | 1.40% | 3 | -1.33% | -7.16% | -11.74% | -7.29% |
| Kross Limited | 16 September 2024 | 5 | 3.33% | 1 | 0% | +8.25% | -19.18% | -8.51% |
| Bajaj Housing Finance | 16 September 2024 | 10 | 0.57% | 3 | +114.29% | +135.71% | +102.73% | +102% |
| Brainbees Solutions | 13 August 2024 | 43.54 | 2.31% | 6 | +40% | +46.04% | +29.40% | +27.08% |
| Ceigall India | 8 August 2024 | 14 | 3.73% | 3 | +4.49% | -3.55% | -3.74% | -11.37% |
| Akums Drugs and Pharmaceuticals | 6 August 2024 | 15 | 1.81% | 2 | +6.77% | +17.27% | +22.75% | +23.99% |
| Emcure Pharmaceuticals | 10 July 2024 | 8.44 | 1.45% | 1 | +31.45% | +34.84% | +29.47% | +32.08% |
| Stanley Lifestyles | 28 June 2024 | 5.37 | 3.33% | 1 | +34.13% | +28.66% | +55.99% | +31.41% |
| Go Digit General Insurance | 23 May 2024 | 10 | 0.85% | 1 | +5.15% | +12.50% | +18.03% | +26.65% |
| TBO Tek | 15 May 2024 | 7.98 | 1.15% | 1 | +55% | +52.86% | +66.31% | +84.90% |
| Aadhar Housing Finance | 15 May 2024 | 7.50 | 0.84% | 1 | 0% | +4.59% | +24.05% | +33.89% |
| Medi Assist Healthcare | 23 January 2024 | 7.30 | 2.08% | 5 | +10.05% | +11.03% | +13.55% | +17.78% |
| Azad Engineering | 28 December 2023 | 7.04 | 3.19% | 2 | +37.40% | +29.29% | +29.04% | +154.17% |
| India Shelter Finance | 20 December 2023 | 7.05 | 1.96% | 3 | +25.76% | +10.49% | +16.76% | +10.50% |
| DOMS Industries | 20 December 2023 | 10.01 | 1.86% | 6 | +77.22% | +67.85% | +83.26% | +82.01% |
| IREDA | 29 November 2023 | 15 | 2.33% | 6 | +56.25% | +87.50% | +218.59% | +424.38% |
| Honasa Consumer (Mamaearth) | 7 November 2023 | 16 | 2.09% | 4 | +1.85% | +4.04% | +18.55% | +34.77% |
| Cello World | 6 November 2023 | 15.40 | 2.72% | 1 | +27.93% | +22.18% | +22.08% | +30.43% |
| JSW Infra | 3 October 2023 | 25 | 1.98% | 3 | +20.17% | +32.18% | +42.65% | +78.32% |
| Yatra Online | 28 September 2023 | 21.50 | 6.16% | 3 | -10.21% | -4.30% | -6.51% | -0.39% |
| Signature Global | 27 September 2023 | 10 | 3.14% | 2 | +15.32% | +19.10% | +37.87% | +113.12% |
| RR Kabel | 20 September 2023 | 11 | 1.88% | 5 | +14.01% | +15.75% | +36.20% | +66.56% |
| Vishnu Prakash Punglia | 5 September 2023 | 16.93 | 18.45% | 2 | +66.67% | +47.17% | +67.78% | +109.70% |
| Concord Biotech | 18 August 2023 | 10 | 2.15% | 4 | +21.46% | +27.23% | +35.02% | +85.95% |
| SBFC Finance | 16 August 2023 | 10.02 | 3.29% | 4 | +43.86% | +61.75% | +52.28% | +45.79% |
| Yatharth Hospital | 7 August 2023 | 10 | 4.86% | 4 | +2.03% | +11.28% | +24.57% | +16.02% |
| Senco Gold | 14 July 2023 | 7.15 | 5.88% | 1 | +35.65% | +27.85% | +22.93% | +91.78% |
| IdeaForge Technology | 7 July 2023 | 7 | 2.75% | 1 | +93.45% | +92.70% | +64.59% | +28.36% |
| Mankind Pharma | 9 May 2023 | 14.06 | 1.08% | 1 | +20.37% | +31.69% | +35.76% | +64% |
| Sula Vineyards | 22 December 2022 | 12 | 4.17% | 1 | +1.12% | -7.23% | +13.43% | -7.46% |
| Global Health (Medanta) | 16 November 2022 | 10 | 1.51% | 3 | +19.35% | +23.60% | +35.49% | +33.91% |
| Bikaji Foods | 16 November 2022 | 9.80 | 3.74% | 7 | +7.60% | +5.82% | +31.53% | +26.67% |
| Tamilnad Mercantile Bank | 15 September 2022 | 100 | 27.51% | 12 | -2.94% | -0.07% | -8.43% | +0.51% |
| Aether Industries | 3 June 2022 | 12.25 | 5.10% | 4 | +9.66% | +20.62% | +21.57% | +31.02% |
| Rainbow Hospital | 10 May 2022 | 10 | 2.13% | 5 | -5.90% | -16.94% | -11.61% | -12.17% |
| Star Health | 10 December 2021 | 50.41 | 1.57% | 3 | -6.11% | +0.76% | -13.29% | – |
| PB Fintech (PolicyBazaar) | 15 November 2021 | 37.49 | 1.46% | 9 | +17.35% | +22.68% | +15.79% | – |
| FSN E-commerce (Nykaa) | 10 November 2021 | 5 | 0.21% | 1 | +79.38% | +96.07% | +94.03% | – |
| Aditya Birla AMC | 11 October 2021 | 10 | 1.27% | 1 | +0.42% | -1.76% | -11.18% | – |
| Sansera Engineering | 24 September 2021 | 13.50 | 3.53% | 3 | +9.07% | +10.02% | +4.17% | – |
| Ami Organics | 14 September 2021 | 10 | 5.85% | 1 | +49.18% | +53.28% | +104.98% | – |
| Nuvoco Vistas | 23 August 2021 | 43.01 | 2.87% | 6 | -14.91% | -6.72% | -2.27% | – |
| Krsnaa Diagnostics | 16 August 2021 | 19 | 3.54% | 6 | +5.40% | +3.46% | -9% | – |
| Devyani International | 16 August 2021 | 9.67 | 1.17% | 1 | +56.56% | +37.22% | +27.89% | – |
| Zomato | 23 July 2021 | 7.42 | 0.18% | 2 | +52.63% | +65.79% | +67.43% | – |
| Sona BLW | 24 June 2021 | 29.20 | 1.17% | 1 | +3.44% | +24.12% | +51.37% | – |
| Craftsman Automation | 25 March 2021 | 7.01 | 2.84% | 1 | -8.79% | -3.65% | -14.55% | – |
| Anupam Rasayan | 24 March 2021 | 5 | 2.23% | 1 | -6.31% | -5.08% | -0.11% | – |
| Easy Trip Planners (EaseMyTrip) | 19 March 2021 | 13 | 5.66% | 2 | +13.50% | +11.47% | -7.30% | – |
| Heranba Industries | 5 March 2021 | 17 | 9.07% | 3 | +43.54% | +29.60% | +0.82% | – |
| Home First Finance | 3 February 2021 | 5 | 1.44% | 1 | +19.46% | +1.84% | +2.41% | – |
| Gland Pharma | 20 November 2020 | 14.58 | 0.75% | 1 | +14% | +21.30% | +45.22% | – |
| UTI AMC | 12 October 2020 | 9.98 | 1.55% | 1 | -9.75% | -14.04% | -9.75% | – |
| Angel Broking | 5 October 2020 | 7 | 3.89% | 2 | -10.13% | -9.87% | +15.47% | – |
| Happiest Minds Technologies | 17 September 2020 | 7.60 | 2.41% | 1 | +110.84% | +123.46% | +105.18% | – |
| Aavas Financiers | 8 October 2018 | 7 | 1.35% | 1 | -8.65% | -5.68% | -20.80% | – |
| Indostar Capital Finance | 21 May 2018 | 15 | 2.71% | 2 | +4.90% | +2.47% | -1.31% | – |
| Galaxy Surfactants | 8 February 2018 | 5 | 1.78% | 3 | +3.04% | +14.90% | +0.97% | – |
"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
- MAX LIFE INSURANCE COMPANY LIMITED (27)
- MAX LIFE INSURANCE CO LTD A/C DIVERSIFIED EQUITY FUND (ULIF02201/01/20LIFEDIVEQF104) (17)
- AXIS MAX LIFE INSURANCE LIMITED (16)
- MAX LIFE INSURANCE COMPANY LIMITED A/C - ULIF01311/02/08LIFEHIGHGR104 - HIGH GROWTH FUND (14)
- AXIS MAX LIFE INSURANCE LIMITED A/C - ULIF00225/06/04LIFEBALANC104 - BALANCED FUND (13)
- MAX LIFE INSURANCE CO LTD PENSION PRESERVER FUND(ULIF01815/02/13PENSPRESER104) (12)
- AXIS MAX LIFE INSURANCE LIMITED A/C SUSTAINABLE EQUITY FUND - ULIF02505/10/21SUSTAINEQU104 (11)
- MAX LIFE INSURANCE CO LTD PENSION MAXIMISER FUND (ULIF01715/02/13PENSMAXIMI104) (10)
- MAX LIFE INSURANCE CO LTD A/C SUSTAINABLE EQUITY FUND - ULIF02505/10/21SUSTAINEQU104 (9)
- MAX LIFE INSURANCE CO. LTD. - PURE GROWTH FUND (9)
- MAX LIFE INSURANCE COMPANY LIMITED A/C - ULIF01425/03/08LIFEDYNOPP104 - DYNAMIC OPPORTUNITIES FUND (8)
- AXIS MAX LIFE INSURANCE LIMITED A/C - ULGF00217/04/06GRATBALANC104 - GROUP GRATUITY BALANCED FUND (7)
- AXIS MAX LIFE INSURANCE LIMITED A/C UEGFH - HIGH GROWTH FUND II (7)
- MAX LIFE INSURANCE COMPANY LIMITED A/C - ULIF00225/06/04LIFEBALANC104 - BALANCED FUND (7)
- AXIS MAX LIFE INSURANCE LIMITED A/C - ULIF00625/11/05PENSBALANC104 - PENSION BALANCED FUND (6)
- AXIS MAX LIFE INSURANCE LIMITED PENSION MAXIMISER FUND (ULIF01715/02/13PENSMAXIMI104) (6)
- AXIS MAX LIFE INSURANCE LIMITED PENSION PRESERVER FUND(ULIF01815/02/13PENSPRESER104) (6)
- MAX LIFE INSURANCE COMPANY LIMITED A/C - ULIF00525/11/05PENSGROWTH104 - PENSION GROWTH FUND (6)
- AXIS MAX LIFE INSURANCE LIMITED A/C - ULIF00125/06/04LIFEGROWTH104 - GROWTH FUND (5)
- AXIS MAX LIFE INSURANCE LIMITED A/C UHG2S - INDIA CONSUMPTION OPPORTUNITIES FUND (5)
- AXIS MAX LIFE INSURANCE LIMITED A/C UMFPH - HIGH GROWTH PENSION FUND (5)
- MAX LIFE INSURANCE COMPANY LIMITED A/C - ULIF01108/02/07LIFEGRWSUP104 - GROWTH SUPER FUND (5)
- MAX LIFE INSURANCE COMPANY LIMITED A/C - ULIF01213/08/07PENSGRWSUP104 - PENSION GROWTH SUPER FUND (5)
- MAX LIFE INSURANCE CO LTD A/C PARTICIPATING FUND (4)
- AXIS MAX LIFE INSURANCE LIMITED A/C - ULIF01311/02/08LIFEHIGHGR104 - HIGH GROWTH FUND (3)
- MAX LIFE INSURANCE COMPANY LIMITED A/C PARTICIPATING FUND (3)
- MAX LIFE INSURANCE COMPANY LIMITED A/C PENSION PRESERVER FUND (ULIF01815/02/13PENSPRESER104) (3)
- MAX LIFE INSURANCE COMPANY LIMITED A/C ULIF00125/06/04LIFEGROWTH104 - GROWTH FUND (3)
- MAX LIFE INSURANCE COMPANY LIMITED A/C ULIF00325/06/04LIFECONSER104 - CONSERVATIVE FUND (3)
- AXIS MAX LIFE INSURANCE LIMITED A/C - ULIF00525/11/05PENSGROWTH104 - PENSION GROWTH FUND (2)
- AXIS MAX LIFE INSURANCE LIMITED A/C - ULIF01108/02/07LIFEGRWSUP104 - GROWTH SUPER FUND (2)
- AXIS MAX LIFE INSURANCE LIMITED A/C - ULIF01425/03/08LIFEDYNOPP104 - DYNAMIC OPPORTUNITIES FUND (2)
- AXIS MAX LIFE INSURANCE LIMITED A/C SMART INNOVATION FUND (2)
- MAX LIFE INSURANCE COMPANY LIMITED A/C - ULGF00117/04/06GRATGROWTH104 - GROUP GRATUITY GROWTH FUND (2)
- MAX LIFE INSURANCE COMPANY LIMITED A/C - ULIF00625/11/05PENSBALANC104 - PENSION BALANCED FUND (2)
- MAX LIFE INSURANCE COMPANY LIMITED A/C DIVERSIFIED EQUITY FUND (ULIF02201/01/20LIFEDIVEQF104) (2)
- MAX LIFE INSURANCE COMPANY LIMITED A/C PENSION MAXIMISER FUND (ULIF01715/02/13PENSMAXIMI104) (2)
- MAX LIFE INSURANCE COMPANY LIMITED A/C REVERSIONARY BONUS PARTICIPATING - EQUITY (2)
- MAX LIFE INSURANCE COMPANY LIMITED A/C ULIF00725/11/05PENSCONSER104 - PENSION CONSERVATIVE FUND (2)
- MAX LIFE INSURANCE COMPANY LIMITED A/C ULIF01004/10/06AMSRGUADYN104 - AMSURE GUARANTEED DYNAMIC FUND (2)
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.