Matthews: IPO Anchor Investments
IPOs anchored
27
2026 latest
Amount invested
INR 480.59 crore
at the anchor price
Median gain at open
+7.69%
listing day, vs issue price
Opened above issue price
62.96%
share of these IPOs
At 30-day unlock
+18.55%
median, 27 IPOs
At 90-day unlock
+12.82%
median, 17 IPOs
Vs same-year IPOs
-5.33
percentage points; median gap at open
All 27 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 |
|---|---|---|---|---|---|---|---|---|
| Horizon Industrial Parks | 24 August 2026 | 39.98 | 3.42% | 2 | +0.42% | -3.07% | -12.10% | – |
| Capillary Technologies | 21 November 2025 | 18 | 4.57% | 1 | -0.88% | +5.11% | +16.51% | -5.68% |
| Billionbrains Garage Ventures (Groww) | 12 November 2025 | 10 | 0.34% | 1 | +12% | +31.33% | +45.96% | +66.18% |
| Lenskart Solutions | 10 November 2025 | 20 | 0.61% | 3 | -1.74% | +0.27% | +1.47% | +12.60% |
| Canara HSBC Life Insurance Company | 17 October 2025 | 19.99 | 2.66% | 1 | 0% | +5.11% | +13.50% | +33.61% |
| HDB Financial Services | 2 July 2025 | 10 | 0.30% | 1 | +12.84% | +13.64% | +3.83% | +1.10% |
| Swiggy | 13 November 2024 | 42.04 | 0.83% | 5 | +7.69% | +16.92% | +33.99% | -7.15% |
| Hyundai Motor India | 22 October 2024 | 41.66 | 0.50% | 2 | -1.33% | -7.16% | -11.74% | -7.29% |
| PN Gadgil Jewellers | 17 September 2024 | 10.50 | 3.18% | 1 | +72.92% | +65.27% | +56.53% | +55.20% |
| Kross Limited | 16 September 2024 | 5 | 3.33% | 1 | 0% | +8.25% | -19.18% | -8.51% |
| Bajaj Housing Finance | 16 September 2024 | 5.25 | 0.30% | 1 | +114.29% | +135.71% | +102.73% | +102% |
| OLA Electric | 9 August 2024 | 79.93 | 2.89% | 6 | 0% | +20% | +44.17% | -2.39% |
| Le Travenues Technology | 18 June 2024 | 5 | 1.50% | 1 | +48.49% | +78.19% | +84.88% | +62.08% |
| Honasa Consumer (Mamaearth) | 7 November 2023 | 20 | 2.61% | 1 | +1.85% | +4.04% | +18.55% | +34.77% |
| Zaggle Prepaid Ocean Services | 22 September 2023 | 8 | 3.16% | 1 | 0% | -3.45% | +30.95% | +42.47% |
| Divgi TorqTransfer | 14 March 2023 | 6.45 | 3.48% | 1 | +5.08% | +2.58% | +9.84% | +38.06% |
| DreamFolks | 6 September 2022 | 5 | 1.98% | 1 | +56.04% | +41.84% | +13.13% | +12.82% |
| Rainbow Hospital | 10 May 2022 | 10 | 2.13% | 1 | -5.90% | -16.94% | -11.61% | -12.17% |
| PB Fintech (PolicyBazaar) | 15 November 2021 | 10 | 0.39% | 1 | +17.35% | +22.68% | +15.79% | – |
| Fino Payments Bank | 12 November 2021 | 15 | 2.78% | 1 | -5.66% | -5.74% | -33.63% | – |
| FSN E-commerce (Nykaa) | 10 November 2021 | 15 | 0.63% | 1 | +79.38% | +96.07% | +94.03% | – |
| CarTrade Tech | 20 August 2021 | 26.25 | 2.92% | 1 | -1.12% | -7.23% | -8.11% | – |
| Rolex Rings | 9 August 2021 | 5.01 | 2.28% | 1 | +38.89% | +29.67% | +21.38% | – |
| Zomato | 23 July 2021 | 18.53 | 0.44% | 2 | +52.63% | +65.79% | +67.43% | – |
| Clean Science And Technology | 19 July 2021 | 10 | 2.16% | 1 | +95% | +76.14% | +69.74% | – |
| Indigo Paints | 2 February 2021 | 10 | 2.87% | 1 | +75% | +109.20% | +68.20% | – |
| Burger King India (Restaurant Brands Asia) | 14 December 2020 | 14 | 3.84% | 1 | +87.50% | +125% | +150.25% | – |
"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
- MATTHEWS INDIA FUND (16)
- MATTHEWS ASIA FUNDS ASIA SMALL COMPANIES FUND (5)
- MATTHEWS ASIA FUNDS - INDIA FUND (4)
- MATTHEWS EMERGING MARKETS SMALL COMPANIES FUND (3)
- MATTHEWS ASIA FUNDS - ASIA EX JAPAN TOTAL RETURN EQUITY FUND (2)
- MATTHEWS ASIA GROWTH FUND (2)
- MATTHEWS ASIA INNOVATORS ACTIVE ETF (2)
- MATTHEWS ASIA ESG FUND (1)
- MATTHEWS ASIA FUNDS - ASIA DISCOVERY FUND (1)
- MATTHEWS ASIA INNOVATORS FUND (1)
- MATTHEWS ASIA SMALL COMPANIES FUND (1)
- MATTHEWS EMERGING MARKETS EQUITY ACTIVE ETF (1)
- MATTHEWS EMERGING MARKETS SUSTAINABLE FUTURE ACTIVE ETF (1)
- MATTHEWS EMERGING MARKETS SUSTAINABLE FUTURE FUND (1)
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.