Bcad Fund: IPO Anchor Investments
IPOs anchored
10
2025 latest
Amount invested
INR 117.33 crore
at the anchor price
Median gain at open
+4.71%
listing day, vs issue price
Opened above issue price
60%
share of these IPOs
At 30-day unlock
+1.42%
median, 10 IPOs
At 90-day unlock
+10.21%
median, 10 IPOs
Vs same-year IPOs
-7.38
percentage points; median gap at open
All 10 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 |
|---|---|---|---|---|---|---|---|---|
| HDB Financial Services | 2 July 2025 | 10 | 0.30% | 1 | +12.84% | +13.64% | +3.83% | +1.10% |
| Ajax Engineering | 17 February 2025 | 5 | 1.32% | 1 | -8.43% | -5.34% | -3.78% | +17.65% |
| PN Gadgil Jewellers | 17 September 2024 | 17 | 5.15% | 1 | +72.92% | +65.27% | +56.53% | +55.20% |
| Aadhar Housing Finance | 15 May 2024 | 15 | 1.67% | 1 | 0% | +4.59% | +24.05% | +33.89% |
| Rashi Peripherals | 14 February 2024 | 12 | 6.67% | 1 | +9.16% | +3.38% | -5.06% | +1.03% |
| Fedbank Financial Services | 30 November 2023 | 10.13 | 3.12% | 1 | -1.43% | +0.18% | -1% | -9.61% |
| Protean eGov | 13 November 2023 | 20.71 | 14.43% | 1 | 0% | +11.49% | +44.51% | +81.48% |
| RR Kabel | 20 September 2023 | 8 | 1.37% | 1 | +14.01% | +15.75% | +36.20% | +66.56% |
| Radiant Cash Management | 4 January 2023 | 9.50 | 8.59% | 1 | +9.57% | +11.60% | -2.39% | +2.77% |
| KFin Technologies | 29 December 2022 | 10 | 1.48% | 1 | +0.27% | -0.59% | -9.29% | -24.04% |
"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
- BCAD FUND (10)
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.