Morgan Stanley: IPO Anchor Investments
IPOs anchored
93
2026 latest
Amount invested
INR 2,937.41 crore
at the anchor price
Median gain at open
+4.49%
listing day, vs issue price
Opened above issue price
70.97%
share of these IPOs
At 30-day unlock
+8.06%
median, 92 IPOs
At 90-day unlock
+9.64%
median, 64 IPOs
Vs same-year IPOs
-2.81
percentage points; median gap at open
All 93 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 |
|---|---|---|---|---|---|---|---|---|
| Jio Platforms | 28 October 2026 | 50 | 0.62% | 1 | +21.36% | +26.68% | – | – |
| A-One Steels | 1 October 2026 | 25 | 20.68% | 1 | +12.35% | +2.85% | -8.40% | – |
| National Stock Exchange | 24 September 2026 | 25 | 0.37% | 1 | +0.84% | +1.85% | -5.01% | – |
| Manipal Payment | 17 September 2026 | 7.23 | 2% | 1 | -2.65% | +1.81% | -1.05% | – |
| Purple Style Labs | 7 September 2026 | 10 | 3.27% | 1 | -6.96% | -1.12% | -8.91% | – |
| Lalithaa Jewellery Mart | 24 August 2026 | 35.21 | 6.93% | 2 | +31.84% | +23.60% | +59.25% | – |
| Horizon Industrial Parks | 24 August 2026 | 10 | 0.86% | 1 | +0.42% | -3.07% | -12.10% | – |
| LEAP India | 14 August 2026 | 33.33 | 4.48% | 2 | +4.34% | -8.85% | -9.22% | – |
| Manipal Health | 5 August 2026 | 50 | 1.20% | 1 | +10.51% | +13.04% | +20.32% | – |
| SBI Funds Management | 21 July 2026 | 15.10 | 0.57% | 1 | +6.85% | +6.23% | -2.92% | -9.49% |
| Om Power Transmission | 17 April 2026 | 10 | 22.22% | 1 | +6.29% | +10.50% | +5.57% | -1.30% |
| Sai Parenteral’s | 2 April 2026 | 15 | 12.23% | 1 | +2.04% | +3.49% | +24.22% | +49.86% |
| Fractal Analytics | 16 February 2026 | 10 | 0.80% | 2 | -2.67% | -5.87% | -15.02% | +3.94% |
| Shadowfax Technologies | 28 January 2026 | 6.91 | 0.81% | 1 | -9.19% | -11.31% | -5.54% | +25.01% |
| Meesho | 10 December 2025 | 53.56 | 2.20% | 3 | +46.40% | +53.23% | +55.97% | +29.14% |
| Emmvee Photovoltaic Power | 18 November 2025 | 5 | 0.38% | 1 | 0% | +1.11% | -12.78% | -4.49% |
| Pine Labs | 14 November 2025 | 20 | 1.14% | 1 | +9.50% | +13.52% | +7.30% | -3.52% |
| Billionbrains Garage Ventures (Groww) | 12 November 2025 | 10 | 0.34% | 1 | +12% | +31.33% | +45.96% | +66.18% |
| Tata Capital | 13 October 2025 | 329.39 | 7.10% | 7 | +1.23% | +1.38% | -0.38% | +10.61% |
| EPACK Prefab Technologies | 1 October 2025 | 5.04 | 3.33% | 1 | -9.88% | -6.54% | +31.74% | +34.58% |
| Anand Rathi Share and Stock Brokers | 30 September 2025 | 15 | 6.80% | 1 | +4.35% | +7.62% | +21.61% | +52% |
| Vikram Solar | 26 August 2025 | 30.03 | 4.84% | 2 | +1.81% | +7.35% | +0.30% | -9.44% |
| Shreeji Shipping Global | 26 August 2025 | 10 | 8.12% | 1 | +7.14% | +1.23% | +0.62% | +19.35% |
| JSW Cement | 14 August 2025 | 10 | 0.93% | 2 | +4.42% | -0.63% | -0.89% | -14.67% |
| HDB Financial Services | 2 July 2025 | 37 | 1.10% | 1 | +12.84% | +13.64% | +3.83% | +1.10% |
| Schloss Bangalore | 2 June 2025 | 8.33 | 0.53% | 1 | -6.67% | +0.13% | -6.86% | -8.82% |
| Ather Energy | 6 May 2025 | 28.50 | 2.13% | 2 | +2.18% | -5.83% | -0.90% | +9.14% |
| Dr. Agarwal’s Health Care | 4 February 2025 | 20 | 2.28% | 2 | 0% | -0.09% | -2.54% | -12.04% |
| Concord Enviro Systems | 27 December 2024 | 5.01 | 3.33% | 1 | +17.83% | +17.99% | -3.94% | -25.95% |
| International Gemmological Institute | 20 December 2024 | 10.06 | 0.53% | 1 | +22.30% | +12.99% | +24.24% | -23.48% |
| Sai Life Sciences | 18 December 2024 | 14.50 | 1.59% | 1 | +18.40% | +39.28% | +29.39% | +28.39% |
| One Mobikwik Systems | 18 December 2024 | 25 | 9.71% | 2 | +57.71% | +89.25% | +67.22% | -11% |
| NTPC Green Energy | 27 November 2024 | 75 | 1.89% | 4 | +3.24% | +12.64% | +16.69% | -8.89% |
| Niva Bupa Health Insurance | 14 November 2024 | 70 | 7.07% | 1 | +5.59% | +0.03% | +15.20% | +10.15% |
| ACME Solar | 13 November 2024 | 5 | 0.38% | 1 | -13.15% | -12.40% | -7.21% | -25.62% |
| Afcons Infrastructure | 4 November 2024 | 8.81 | 0.54% | 1 | -7.99% | +2.42% | +8.82% | -0.60% |
| Waaree Energies | 28 October 2024 | 26.50 | 2.08% | 1 | +66.33% | +55.62% | +72.76% | +61.35% |
| Hyundai Motor India | 22 October 2024 | 74.99 | 0.90% | 1 | -1.33% | -7.16% | -11.74% | -7.29% |
| Bajaj Housing Finance | 16 September 2024 | 35 | 1.99% | 3 | +114.29% | +135.71% | +102.73% | +102% |
| Premier Energies | 3 September 2024 | 21.85 | 2.58% | 2 | +120% | +86.64% | +140.64% | +152.77% |
| Unicommerce eSolutions | 13 August 2024 | 14 | 11.25% | 2 | +117.59% | +94.52% | +100.60% | +87.48% |
| Brainbees Solutions | 13 August 2024 | 31.82 | 1.69% | 2 | +40% | +46.04% | +29.40% | +27.08% |
| OLA Electric | 9 August 2024 | 10 | 0.36% | 1 | 0% | +20% | +44.17% | -2.39% |
| Ceigall India | 8 August 2024 | 6.09 | 1.62% | 1 | +4.49% | -3.55% | -3.74% | -11.37% |
| Emcure Pharmaceuticals | 10 July 2024 | 13.79 | 2.37% | 1 | +31.45% | +34.84% | +29.47% | +32.08% |
| Dee Development | 26 June 2024 | 5 | 4% | 1 | +67% | +65.18% | +81.11% | +47.44% |
| Le Travenues Technology | 18 June 2024 | 41.13 | 12.35% | 2 | +48.49% | +78.19% | +84.88% | +62.08% |
| Go Digit General Insurance | 23 May 2024 | 5 | 0.43% | 1 | +5.15% | +12.50% | +18.03% | +26.65% |
| Aadhar Housing Finance | 15 May 2024 | 40 | 4.46% | 2 | 0% | +4.59% | +24.05% | +33.89% |
| Bharti Hexacom | 12 April 2024 | 50 | 2.60% | 3 | +32.46% | +42.68% | +52.61% | +88.28% |
| Entero Healthcare | 16 February 2024 | 9.29 | 1.30% | 1 | -2.33% | -8.62% | -20.01% | -17.21% |
| Innova Captab | 29 December 2023 | 7.99 | 4.68% | 1 | +0.92% | +20.85% | +13.62% | +4.67% |
| Happy Forgings | 27 December 2023 | 15.34 | 5.07% | 1 | +17.65% | +21.27% | +9.95% | +2.06% |
| Credo Brands | 27 December 2023 | 12.50 | 7.58% | 1 | +0.84% | +11.50% | -9.70% | -35.89% |
| Muthoot Microfin | 26 December 2023 | 10 | 3.51% | 1 | -5.40% | -8.54% | -20.57% | -31.98% |
| Gandhar Oil | 30 November 2023 | 15 | 9.99% | 1 | +76.33% | +78.34% | +61.45% | +47.28% |
| ASK Automotive | 15 November 2023 | 5 | 2% | 1 | +7.55% | +9.96% | -0.80% | +12.36% |
| Cello World | 6 November 2023 | 32.29 | 5.70% | 3 | +27.93% | +22.18% | +22.08% | +30.43% |
| JSW Infra | 3 October 2023 | 45 | 3.57% | 2 | +20.17% | +32.18% | +42.65% | +78.32% |
| Yatra Online | 28 September 2023 | 18 | 5.16% | 1 | -10.21% | -4.30% | -6.51% | -0.39% |
| Signature Global | 27 September 2023 | 12 | 3.77% | 1 | +15.32% | +19.10% | +37.87% | +113.12% |
| Zaggle Prepaid Ocean Services | 22 September 2023 | 10 | 3.94% | 1 | 0% | -3.45% | +30.95% | +42.47% |
| EMS Limited | 21 September 2023 | 8.02 | 8.32% | 1 | +33.67% | +32.65% | +50.95% | +104.95% |
| RR Kabel | 20 September 2023 | 5.82 | 0.99% | 1 | +14.01% | +15.75% | +36.20% | +66.56% |
| Mankind Pharma | 9 May 2023 | 42.06 | 3.24% | 2 | +20.37% | +31.69% | +35.76% | +64% |
| KFin Technologies | 29 December 2022 | 15 | 2.22% | 1 | +0.27% | -0.59% | -9.29% | -24.04% |
| Landmark Cars | 23 December 2022 | 5.04 | 3.05% | 1 | -6.92% | -9.41% | +21.36% | -3.34% |
| Sula Vineyards | 22 December 2022 | 5 | 1.74% | 1 | +1.12% | -7.23% | +13.43% | -7.46% |
| Uniparts India | 12 December 2022 | 20 | 7.98% | 1 | -0.35% | -6.47% | -5.05% | -5.11% |
| Keystone Realtors | 24 November 2022 | 30 | 15.75% | 2 | +2.59% | +2.93% | -6.89% | -10.61% |
| Inox Green Energy | 23 November 2022 | 15 | 4.50% | 1 | -7.69% | -9.08% | -24.08% | -33.46% |
| Bikaji Foods | 16 November 2022 | 14.80 | 5.65% | 1 | +7.60% | +5.82% | +31.53% | +26.67% |
| Delhivery | 24 May 2022 | 45.85 | 1.95% | 1 | +1.68% | +10.13% | -3.64% | +15.49% |
| Vedant Fashions | 16 February 2022 | 34.96 | 3.70% | 1 | +7.97% | +7.80% | -0.29% | – |
| Medplus Health | 23 December 2021 | 21.94 | 5.25% | 1 | +30.65% | +40.85% | +57.35% | – |
| CE Infosystems (MapMyIndia) | 21 December 2021 | 14 | 4.49% | 1 | +51.50% | +34.91% | +79.58% | – |
| Star Health | 10 December 2021 | 78.14 | 2.43% | 3 | -6.11% | +0.76% | -13.29% | – |
| Sapphire Foods | 18 November 2021 | 50 | 5.36% | 1 | +14.41% | +2.67% | +2.39% | – |
| One97 Communications (Paytm) | 18 November 2021 | 298.52 | 3.62% | 1 | -9.30% | -27.40% | -35.82% | – |
| PB Fintech (PolicyBazaar) | 15 November 2021 | 35.63 | 1.39% | 1 | +17.35% | +22.68% | +15.79% | – |
| FSN E-commerce (Nykaa) | 10 November 2021 | 35.72 | 1.49% | 1 | +79.38% | +96.07% | +94.03% | – |
| Aditya Birla AMC | 11 October 2021 | 22 | 2.79% | 1 | +0.42% | -1.76% | -11.18% | – |
| Chemplast Sanmar | 24 August 2021 | 5 | 0.29% | 1 | +1.66% | -1% | +0.19% | – |
| Nuvoco Vistas | 23 August 2021 | 15 | 1% | 1 | -14.91% | -6.72% | -2.27% | – |
| Zomato | 23 July 2021 | 269.12 | 6.41% | 3 | +52.63% | +65.79% | +67.43% | – |
| Sona BLW | 24 June 2021 | 37 | 1.48% | 2 | +3.44% | +24.12% | +51.37% | – |
| Macrotech Developers (Lodha) | 19 April 2021 | 15.50 | 2.09% | 1 | -10.29% | -4.27% | +33.21% | – |
| Heranba Industries | 5 March 2021 | 7.50 | 4% | 1 | +43.54% | +29.60% | +0.82% | – |
| Home First Finance | 3 February 2021 | 20 | 5.78% | 1 | +19.46% | +1.84% | +2.41% | – |
| Gland Pharma | 20 November 2020 | 55.12 | 2.84% | 2 | +14% | +21.30% | +45.22% | – |
| UTI AMC | 12 October 2020 | 15 | 2.33% | 1 | -9.75% | -14.04% | -9.75% | – |
| SBI Cards | 16 March 2020 | 13.03 | 0.47% | 1 | -12.45% | -9.75% | -33.05% | – |
| Aavas Financiers | 8 October 2018 | 22 | 4.23% | 2 | -8.65% | -5.68% | -20.80% | – |
"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
- MORGAN STANLEY ASIA (SINGAPORE) PTE. - ODI (47)
- MORGAN STANLEY INDIA INVESTMENT FUND, INC. (27)
- MORGAN STANLEY INVESTMENT FUNDS INDIAN EQUITY FUND (23)
- MORGAN STANLEY ASIA (SINGAPORE) PTE. (18)
- MORGAN STANLEY INVESTMENT FUNDS ASIA OPPORTUNITY FUND (4)
- MORGAN STANLEY INVESTMENT FUNDS EMERGING LEADERS EQUITY FUND (2)
- MORGAN STANLEY INSTITUTIONAL FUND, INC. - INTERNATIONAL ADVANTAGE PORTFOLIO (1)
- MORGAN STANLEY INSTITUTIONAL FUND, INC. ASIA OPPORTUNITY PORTFOLIO (1)
- MORGAN STANLEY INSTITUTIONAL FUND, INC. INTERNATIONAL OPPORTUNITY PORTFOLIO (1)
- MORGAN STANLEY INVESTMENT FUNDS ASIA EQUITY FUND (1)
- MORGAN STANLEY INVESTMENT FUNDS EMERGING MARKETS EQUITY FUND (1)
- MORGAN STANLEY INVESTMENT FUNDS INDIAN EQUITY (1)
- MORGAN STANLEY INVESTMENT FUNDS SUSTAINABLE ASIA EQUITY FUND (1)
- MORGAN STANLEY INVESTMENT FUNDS SUSTAINABLE EMERGING MARKETS EQUITY FUND (1)
- Morgan Stanley Investment Fund Indian Equity Fund (1)
- Morgan Stanley Investment Fund, Inc. (1)
- STATE OF MICHIGAN RETIREMENT SYSTEM - MORGAN STANLEY INVESTMENT MANAGEMENT INC (1)
- VALIC COMPANY I INTERNATIONAL GROWTH FUND MANAGED BY MORGAN STANLEY INVESTMENT MANAGEMENT INC (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.