East Bridge Capital Master Fund I Ltd: IPO Anchor Investments

IPOs anchored
12
2025 latest
Amount invested
INR 220.47 crore
at the anchor price
Median gain at open
+3.96%
listing day, vs issue price
Opened above issue price
58.33%
share of these IPOs
At 30-day unlock
+4.75%
median, 12 IPOs
At 90-day unlock
+14.15%
median, 8 IPOs
Vs same-year IPOs
-12.42
percentage points; median gap at open

All 12 IPOs Anchored

IPOListedInvested (INR crore)Share of anchor bookSchemes Gain at openGain at closeAt 30-day unlockAt 90-day unlock
HDB Financial Services2 July 2025371.10%1+12.84%+13.64%+3.83%+1.10%
Afcons Infrastructure4 November 2024503.08%1-7.99%+2.42%+8.82%-0.60%
Hyundai Motor India22 October 20248.330.10%1-1.33%-7.16%-11.74%-7.29%
Awfis Space30 May 202417.986.70%1+13.58%+10.12%+35.16%+106.61%
Aadhar Housing Finance15 May 202416.501.84%10%+4.59%+24.05%+33.89%
Indegene13 May 2024203.64%1+44.91%+26.31%+21.75%+26.25%
Jana Small Finance Bank14 February 202424.9914.97%1-4.35%-11.07%-7.46%+50.63%
Happy Forgings27 December 20237.582.51%1+17.65%+21.27%+9.95%+2.06%
Tarsons Products26 November 2021103.27%1+3.02%+23.63%-4.06%–
CarTrade Tech20 August 20217.490.83%1-1.12%-7.23%-8.11%–
CAMS1 October 20205.590.84%1+23.41%+13.95%+5.66%–
Indostar Capital Finance21 May 2018152.71%1+4.90%+2.47%-1.31%–

"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.