National Pension Service (Korea): IPO Anchor Investments
IPOs anchored
11
2025 latest
Amount invested
INR 252.75 crore
at the anchor price
Median gain at open
+17.35%
listing day, vs issue price
Opened above issue price
81.82%
share of these IPOs
At 30-day unlock
+33.99%
median, 11 IPOs
At 90-day unlock
+61.35%
median, 7 IPOs
Vs same-year IPOs
+3.23
percentage points; median gap at open
All 11 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 |
|---|---|---|---|---|---|---|---|---|
| HDB Financial Services | 2 July 2025 | 20.92 | 0.62% | 1 | +12.84% | +13.64% | +3.83% | +1.10% |
| Swiggy | 13 November 2024 | 66.72 | 1.31% | 1 | +7.69% | +16.92% | +33.99% | -7.15% |
| Afcons Infrastructure | 4 November 2024 | 49.32 | 3.04% | 1 | -7.99% | +2.42% | +8.82% | -0.60% |
| Waaree Energies | 28 October 2024 | 31.75 | 2.49% | 1 | +66.33% | +55.62% | +72.76% | +61.35% |
| Premier Energies | 3 September 2024 | 29.75 | 3.52% | 1 | +120% | +86.64% | +140.64% | +152.77% |
| Tata Technologies | 30 November 2023 | 6.96 | 0.88% | 1 | +140% | +162.60% | +135.19% | +119.74% |
| Mankind Pharma | 9 May 2023 | 5 | 0.39% | 1 | +20.37% | +31.69% | +35.76% | +64% |
| One97 Communications (Paytm) | 18 November 2021 | 5 | 0.06% | 1 | -9.30% | -27.40% | -35.82% | – |
| PB Fintech (PolicyBazaar) | 15 November 2021 | 5 | 0.19% | 1 | +17.35% | +22.68% | +15.79% | – |
| Glenmark Life Sciences | 6 August 2021 | 13.34 | 2.94% | 1 | +4.17% | +3.96% | -6.83% | – |
| HDFC AMC | 6 August 2018 | 19 | 2.60% | 1 | +56.93% | +65.09% | +58.35% | – |
"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
- NATIONAL PENSION SERVICE MANAGED BY BLACKROCK INSTITUTIONAL TRUST COMPANY, NA (7)
- NATIONAL PENSION SERVICE MANAGED BY OAKTREE CAPITAL MANAGEMENT L P (3)
- NATIONAL PENSION SERVICE BY BLACKROCK INSTITUTIONAL TRUST COMPANY, NA (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.