Meru Investment Fund: IPO Anchor Investments
Meru Investment Fund in SME IPOs (68 anchored)
IPOs anchored
22
2026 latest
Amount invested
INR 219.17 crore
at the anchor price
Median gain at open
+14.32%
listing day, vs issue price
Opened above issue price
72.73%
share of these IPOs
At 30-day unlock
+23.96%
median, 20 IPOs
At 90-day unlock
+31.18%
median, 17 IPOs
Vs same-year IPOs
+7.68
percentage points; median gap at open
All 22 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 |
|---|---|---|---|---|---|---|---|---|
| Fusion CX | 22 October 2026 | 15 | 4.75% | 1 | +5.54% | +0.22% | – | – |
| SRIT India | 6 October 2026 | 5.52 | 8.42% | 1 | +13.85% | +19.30% | – | – |
| ESDS Software | 4 September 2026 | 10 | 4.63% | 1 | +76.46% | +111.75% | +217.58% | – |
| Skyways Air Services | 1 September 2026 | 9.60 | 5.50% | 1 | -10.14% | -9.01% | -13.62% | – |
| MV Electrosystems | 6 August 2026 | 5 | 3.83% | 1 | +22.35% | +46.82% | +71.92% | – |
| Gaudium IVF | 27 February 2026 | 17 | 34.33% | 1 | +5.06% | +1.59% | -4.54% | +50.85% |
| Advance Agrolife | 8 October 2025 | 10 | 17.31% | 1 | +14% | +8.30% | +38.75% | +31.18% |
| Glottis | 7 October 2025 | 15 | 27.14% | 1 | -34.88% | -35.12% | -43.12% | -54.07% |
| Dev Accelerator | 17 September 2025 | 5 | 7.92% | 1 | 0% | +5% | -26.77% | -29.57% |
| Regaal Resources | 20 August 2025 | 12.79 | 13.93% | 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% |
| Shanti Gold International | 1 August 2025 | 8.92 | 8.25% | 1 | +14.35% | +15.27% | +10.41% | +6.42% |
| Prostarm Info Systems | 3 June 2025 | 5 | 9.92% | 1 | +14.29% | +20% | +35.93% | +80.47% |
| Senores Pharmaceutical | 30 December 2024 | 10 | 3.84% | 1 | +53.45% | +42.47% | +29.99% | +47.85% |
| Concord Enviro Systems | 27 December 2024 | 11.01 | 7.33% | 1 | +17.83% | +17.99% | -3.94% | -25.95% |
| Enviro Infra | 29 November 2024 | 13.99 | 7.19% | 1 | +48.65% | +39.91% | +116.12% | +49.46% |
| Manba Finance | 30 September 2024 | 5.04 | 11.13% | 1 | +20.83% | +26.88% | +17.94% | +34.93% |
| OLA Electric | 9 August 2024 | 5 | 0.18% | 1 | 0% | +20% | +44.17% | -2.39% |
| Stanley Lifestyles | 28 June 2024 | 5.01 | 3.11% | 1 | +34.13% | +28.66% | +55.99% | +31.41% |
| Suraj Estate Developers | 26 December 2023 | 5 | 4.17% | 1 | -5.56% | -7.08% | -7.76% | -23.85% |
| Motisons Jewellers | 26 December 2023 | 25.30 | 69.70% | 1 | +98.18% | +88.27% | +227% | +138.82% |
| EMS Limited | 21 September 2023 | 15 | 15.57% | 1 | +33.67% | +32.65% | +50.95% | +104.95% |
"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
- MERU INVESTMENT FUND PCC-CELL 1 (21)
- Meru Investment Fund PCC (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.