Negen Capital: IPO Anchor Investments
Negen Capital in SME IPOs (35 anchored)
IPOs anchored
14
2026 latest
Amount invested
INR 163.90 crore
at the anchor price
Median gain at open
+12.27%
listing day, vs issue price
Opened above issue price
78.57%
share of these IPOs
At 30-day unlock
+16.04%
median, 14 IPOs
At 90-day unlock
+16.50%
median, 13 IPOs
Vs same-year IPOs
-2.23
percentage points; median gap at open
All 14 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 |
|---|---|---|---|---|---|---|---|---|
| AceVector | 5 October 2026 | 40 | 21.16% | 1 | -11.50% | -18.50% | -43.94% | – |
| Vikran Engineering | 3 September 2025 | 20 | 8.64% | 1 | +2.06% | -1.33% | -0.81% | +5.40% |
| Gem Aromatics | 26 August 2025 | 10 | 7.39% | 1 | +2.49% | -1.83% | -18.11% | -43.62% |
| Quality Power Electrical Equipments | 24 February 2025 | 15 | 3.88% | 1 | +1.18% | -8.73% | -17.09% | -14.93% |
| Indo Farm Equipment | 7 January 2025 | 15 | 19.22% | 1 | +19.07% | +27.30% | -14.46% | -23.63% |
| Transrail Lighting | 27 December 2024 | 7.99 | 3.25% | 1 | +36.57% | +28.14% | +29% | +16.50% |
| ACME Solar | 13 November 2024 | 5 | 0.38% | 1 | -13.15% | -12.40% | -7.21% | -25.62% |
| Gala Precision | 9 September 2024 | 15.28 | 30.39% | 1 | +36.31% | +43.13% | +38.37% | +94.79% |
| Sanstar | 26 July 2024 | 8.04 | 5.26% | 1 | +14.74% | +21.13% | +40.99% | +27.75% |
| Kronox Lab Sciences | 10 June 2024 | 7.58 | 19.41% | 1 | +21.29% | +17.15% | +16.57% | +24.12% |
| Krystal Integrated | 21 March 2024 | 5.01 | 5.56% | 1 | +9.79% | -0.30% | +15.50% | +1.34% |
| RBZ Jewellers | 27 December 2023 | 5 | 23.81% | 1 | 0% | +5% | +80.75% | +54.75% |
| Valiant Laboratories | 6 October 2023 | 5 | 10.93% | 1 | +15.82% | +21.61% | +37.75% | +23.75% |
| Aeroflex Industries | 31 August 2023 | 5 | 4.82% | 1 | +75.93% | +51.16% | +39.68% | +47.82% |
"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
- NEGEN UNDISCOVERED VALUE FUND (13)
- NEGEN UNDISCOVERD VALUE 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.