Neuberger Berman: IPO Anchor Investments
IPOs anchored
26
2025 latest
Amount invested
INR 693.71 crore
at the anchor price
Median gain at open
+12.89%
listing day, vs issue price
Opened above issue price
73.08%
share of these IPOs
At 30-day unlock
+30.21%
median, 26 IPOs
At 90-day unlock
+33.89%
median, 15 IPOs
Vs same-year IPOs
+2.58
percentage points; median gap at open
All 26 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 |
|---|---|---|---|---|---|---|---|---|
| JSW Cement | 14 August 2025 | 14.99 | 1.39% | 1 | +4.42% | -0.63% | -0.89% | -14.67% |
| DAM Capital | 27 December 2024 | 5 | 1.99% | 1 | +38.87% | +46.68% | +0.62% | -11.53% |
| Premier Energies | 3 September 2024 | 21.85 | 2.58% | 1 | +120% | +86.64% | +140.64% | +152.77% |
| Akums Drugs and Pharmaceuticals | 6 August 2024 | 15 | 1.81% | 1 | +6.77% | +17.27% | +22.75% | +23.99% |
| Emcure Pharmaceuticals | 10 July 2024 | 13.79 | 2.37% | 1 | +31.45% | +34.84% | +29.47% | +32.08% |
| TBO Tek | 15 May 2024 | 37.60 | 5.40% | 1 | +55% | +52.86% | +66.31% | +84.90% |
| Aadhar Housing Finance | 15 May 2024 | 25 | 2.78% | 1 | 0% | +4.59% | +24.05% | +33.89% |
| Jyoti CNC Automation | 16 January 2024 | 16.02 | 3.58% | 1 | +11.78% | +31.18% | +64.94% | +135.94% |
| ASK Automotive | 15 November 2023 | 15 | 6% | 2 | +7.55% | +9.96% | -0.80% | +12.36% |
| Zaggle Prepaid Ocean Services | 22 September 2023 | 23.50 | 9.27% | 1 | 0% | -3.45% | +30.95% | +42.47% |
| SBFC Finance | 16 August 2023 | 10.02 | 3.29% | 1 | +43.86% | +61.75% | +52.28% | +45.79% |
| Mankind Pharma | 9 May 2023 | 24.68 | 1.90% | 1 | +20.37% | +31.69% | +35.76% | +64% |
| Avalon Technologies | 18 April 2023 | 26.20 | 6.73% | 2 | 0% | -8.72% | -18.19% | +40.86% |
| Bikaji Foods | 16 November 2022 | 9.80 | 3.74% | 1 | +7.60% | +5.82% | +31.53% | +26.67% |
| Rainbow Hospital | 10 May 2022 | 37.09 | 7.90% | 1 | -5.90% | -16.94% | -11.61% | -12.17% |
| Go Fashion | 30 November 2021 | 30 | 6.58% | 1 | +89.86% | +81.70% | +53.75% | – |
| FSN E-commerce (Nykaa) | 10 November 2021 | 22.46 | 0.94% | 1 | +79.38% | +96.07% | +94.03% | – |
| Aptus Value Housing Finance | 24 August 2021 | 43.44 | 5.21% | 2 | -5.67% | -1.73% | -1.73% | – |
| CarTrade Tech | 20 August 2021 | 25.88 | 2.88% | 1 | -1.12% | -7.23% | -8.11% | – |
| Devyani International | 16 August 2021 | 33.43 | 4.05% | 2 | +56.56% | +37.22% | +27.89% | – |
| Zomato | 23 July 2021 | 18.53 | 0.44% | 1 | +52.63% | +65.79% | +67.43% | – |
| Clean Science And Technology | 19 July 2021 | 18 | 3.88% | 1 | +95% | +76.14% | +69.74% | – |
| Gland Pharma | 20 November 2020 | 73.41 | 3.78% | 2 | +14% | +21.30% | +45.22% | – |
| Metropolis Healthcare | 15 April 2019 | 48 | 9.06% | 1 | +8.86% | +9.07% | +4.68% | – |
| Creditaccess Grameen | 23 August 2018 | 45 | 13.26% | 1 | -7.58% | +0.01% | -14.66% | – |
| Bandhan Bank | 27 March 2018 | 40 | 2.98% | 1 | +33.07% | +27.16% | +32.89% | – |
"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
- NEUBERGER BERMAN EMERGING MARKETS EQUITY FUND (13)
- NEUBERGER BERMAN INVESTMENT FUNDS PLC/NEUBERGER BERMAN EMERGING MARKETS EQUITY FUND (7)
- NEUBERGER BERMAN EMERGING MARKETS EQUITY MASTER FUND L.P. (5)
- NEUBERGER BERMAN EMERGING MARKETS EQUITY TRUST (3)
- NEUBERGER BERMAN EMERGING MARKET EQUITY FUND (1)
- NEUBERGER BERMAN INVESTMENT FUNDS PLC/NEUBERGER BERMAN EMERGING MARKET EQUITY FUND (1)
- Neuberger Berman Emerging Market Strategy (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.