Macquarie: IPO Anchor Investments

IPOs anchored
10
2021 latest
Amount invested
INR 100.48 crore
at the anchor price
Median gain at open
+9.71%
listing day, vs issue price
Opened above issue price
70%
share of these IPOs
At 30-day unlock
+8.93%
median, 10 IPOs
At 90-day unlock
–
median, 0 IPOs
Vs same-year IPOs
-1.49
percentage points; median gap at open

All 10 IPOs Anchored

IPOListedInvested (INR crore)Share of anchor bookSchemes Gain at openGain at closeAt 30-day unlockAt 90-day unlock
Tarsons Products26 November 2021103.27%2+3.02%+23.63%-4.06%–
Sapphire Foods18 November 2021101.07%2+14.41%+2.67%+2.39%–
SJS Enterprises15 November 2021104.17%20%-5.87%-21.93%–
Windlas Biotech16 August 2021108.30%1-5%-11.49%-19.71%–
Devyani International16 August 20219.671.17%1+56.56%+37.22%+27.89%–
Stove Kraft5 February 2021147.54%1+29.35%+15.83%+30.68%–
Mrs Bectors Food Specialities24 December 20207.234.46%1+73.61%+106.32%+42.31%–
Angel Broking5 October 2020116.11%1-10.13%-9.87%+15.47%–
Route Mobile21 September 202010.415.78%1+104.86%+86.09%+102.40%–
Chalet Hotels7 February 20198.171.66%1+5%+4.18%+1.12%–

"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.