Ghisallo Master Fund LP: IPO Anchor Investments

IPOs anchored
20
2026 latest
Amount invested
INR 269.16 crore
at the anchor price
Median gain at open
+3.48%
listing day, vs issue price
Opened above issue price
75%
share of these IPOs
At 30-day unlock
+1.80%
median, 20 IPOs
At 90-day unlock
+10.61%
median, 11 IPOs
Vs same-year IPOs
-7.78
percentage points; median gap at open

All 20 IPOs Anchored

IPOListedInvested (INR crore)Share of anchor bookSchemes Gain at openGain at closeAt 30-day unlockAt 90-day unlock
National Stock Exchange24 September 2026200.30%1+0.84%+1.85%-5.01%–
Billionbrains Garage Ventures (Groww)12 November 202550.17%1+12%+31.33%+45.96%+66.18%
Orkla India6 November 202551%1+2.75%-2.24%-16.32%-23.51%
Tata Capital13 October 2025100.22%1+1.23%+1.38%-0.38%+10.61%
Hexaware Technologies19 February 20255.320.20%1+5.30%+7.70%+3.97%+5.16%
Sagility India12 November 2024101.06%1+3.53%-2.27%+38.03%+75.77%
Hyundai Motor India22 October 20248.330.10%1-1.33%-7.16%-11.74%-7.29%
Brainbees Solutions13 August 20245.030.27%1+40%+46.04%+29.40%+27.08%
Go Digit General Insurance23 May 202450.43%1+5.15%+12.50%+18.03%+26.65%
Delhivery24 May 202222.930.98%1+1.68%+10.13%-3.64%+15.49%
LIC17 May 2022380.68%1-8.11%-7.77%-29.58%-28.07%
Rainbow Hospital10 May 202251.06%1-5.90%-16.94%-11.61%-12.17%
One97 Communications (Paytm)18 November 202167.520.82%1-9.30%-27.40%-35.82%–
PB Fintech (PolicyBazaar)15 November 2021100.39%1+17.35%+22.68%+15.79%–
CarTrade Tech20 August 20215.240.58%1-1.12%-7.23%-8.11%–
Glenmark Life Sciences6 August 202171.54%1+4.17%+3.96%-6.83%–
Zomato23 July 20215.560.13%1+52.63%+65.79%+67.43%–
KIMS28 June 20219.651.01%1+22.30%+20.84%+45%–
Sona BLW24 June 2021100.40%1+3.44%+24.12%+51.37%–
Gland Pharma20 November 202014.580.75%1+14%+21.30%+45.22%–

"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.