Kotak Alternate Asset Managers: IPO Anchor Investments
IPOs anchored
14
2025 latest
Amount invested
INR 150.59 crore
at the anchor price
Median gain at open
+8.21%
listing day, vs issue price
Opened above issue price
64.29%
share of these IPOs
At 30-day unlock
+9.82%
median, 14 IPOs
At 90-day unlock
+15.71%
median, 14 IPOs
Vs same-year IPOs
+2.87
percentage points; median gap at open
All 14 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 |
|---|---|---|---|---|---|---|---|---|
| Emmvee Photovoltaic Power | 18 November 2025 | 15 | 1.15% | 2 | 0% | +1.11% | -12.78% | -4.49% |
| iValue Infosolutions | 25 September 2025 | 6.50 | 3.87% | 1 | -4.70% | -5.74% | -10.03% | -7.42% |
| HDB Financial Services | 2 July 2025 | 10 | 0.30% | 1 | +12.84% | +13.64% | +3.83% | +1.10% |
| Belrise Industries | 28 May 2025 | 5 | 0.78% | 1 | +11.11% | +8.23% | +15.67% | +58.30% |
| Quality Power Electrical Equipments | 24 February 2025 | 25 | 6.47% | 1 | +1.18% | -8.73% | -17.09% | -14.93% |
| Hexaware Technologies | 19 February 2025 | 10 | 0.38% | 1 | +5.30% | +7.70% | +3.97% | +5.16% |
| Standard Glass Lining | 13 January 2025 | 8.75 | 7.11% | 1 | +22.86% | +16.63% | +20.09% | -3.96% |
| Hyundai Motor India | 22 October 2024 | 13.33 | 0.16% | 2 | -1.33% | -7.16% | -11.74% | -7.29% |
| KRN Heat Exchanger | 3 October 2024 | 9 | 8.99% | 1 | +118.18% | +117.63% | +107.29% | +218.50% |
| Brainbees Solutions | 13 August 2024 | 5 | 0.27% | 1 | +40% | +46.04% | +29.40% | +27.08% |
| Indegene | 13 May 2024 | 15 | 2.73% | 1 | +44.91% | +26.31% | +21.75% | +26.25% |
| Jana Small Finance Bank | 14 February 2024 | 10 | 5.99% | 1 | -4.35% | -11.07% | -7.46% | +50.63% |
| DOMS Industries | 20 December 2023 | 10.01 | 1.86% | 1 | +77.22% | +67.85% | +83.26% | +82.01% |
| Zaggle Prepaid Ocean Services | 22 September 2023 | 8 | 3.16% | 1 | 0% | -3.45% | +30.95% | +42.47% |
"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
- KOTAK ICONIC FUND (6)
- KOTAK INFINITY FUND - CLASS AC (6)
- KOTAK ICONIC FUND II (4)
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.