Holani Venture Capital Fund: IPO Anchor Investments
Holani Venture Capital Fund in SME IPOs (20 anchored)
IPOs anchored
10
2026 latest
Amount invested
INR 86.57 crore
at the anchor price
Median gain at open
+8.29%
listing day, vs issue price
Opened above issue price
70%
share of these IPOs
At 30-day unlock
+0.30%
median, 9 IPOs
At 90-day unlock
-3.05%
median, 8 IPOs
Vs same-year IPOs
+2.05
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 |
|---|---|---|---|---|---|---|---|---|
| SRIT India | 6 October 2026 | 5 | 7.63% | 1 | +13.85% | +19.30% | – | – |
| Skyways Air Services | 1 September 2026 | 14.36 | 8.23% | 1 | -10.14% | -9.01% | -13.62% | – |
| Advit Jewels (Ram Bhajo) | 1 July 2026 | 13.30 | 26.85% | 1 | +36.88% | +30.04% | +34.73% | +92.05% |
| PNGS Reva | 4 March 2026 | 5 | 2.93% | 1 | -2.85% | +6.66% | -14.04% | -2.42% |
| ICICI Prudential AMC | 19 December 2025 | 5 | 0.17% | 1 | +20.09% | +19.44% | +35.59% | +36.86% |
| Pace Digitek | 6 October 2025 | 10 | 4.08% | 1 | +2.74% | -0.46% | -1.74% | -15.09% |
| Vikram Solar | 26 August 2025 | 5.03 | 0.81% | 1 | +1.81% | +7.35% | +0.30% | -9.44% |
| Regaal Resources | 20 August 2025 | 5 | 5.45% | 1 | +38.24% | +29% | +2.71% | -11.55% |
| Laxmi India Finance | 5 August 2025 | 5 | 6.62% | 1 | -12.96% | -15.12% | -16.43% | -3.68% |
| KRN Heat Exchanger | 3 October 2024 | 18.88 | 18.86% | 1 | +118.18% | +117.63% | +107.29% | +218.50% |
"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
- HOLANI VENTURE CAPITAL FUND- HOLANI VENTURE CAPITAL FUND-I (7)
- HOLANI VENTURE CAPITAL FUND-I (3)
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.