Pictet: IPO Anchor Investments

IPOs anchored
17
2026 latest
Amount invested
INR 464.63 crore
at the anchor price
Median gain at open
+20.17%
listing day, vs issue price
Opened above issue price
76.47%
share of these IPOs
At 30-day unlock
+41.41%
median, 16 IPOs
At 90-day unlock
+32.08%
median, 9 IPOs
Vs same-year IPOs
+3.36
percentage points; median gap at open

All 17 IPOs Anchored

IPOListedInvested (INR crore)Share of anchor bookSchemes Gain at openGain at closeAt 30-day unlockAt 90-day unlock
Bonfiglioli Transmissions23 October 202614.951.97%10%-1.96%––
Dhoot Transmission17 August 2026202.18%1+37.77%+36.29%+78.63%–
Manipal Health5 August 2026501.20%1+10.51%+13.04%+20.32%–
Meesho10 December 2025100.41%1+46.40%+53.23%+55.97%+29.14%
Canara HSBC Life Insurance Company17 October 202537.224.96%10%+5.11%+13.50%+33.61%
LG Electronics India14 October 202523.060.66%2+50.01%+48.24%+44.40%+25.43%
Hexaware Technologies19 February 2025104.154.01%3+5.30%+7.70%+3.97%+5.16%
Inventurus Knowledge Solutions19 December 202424.502.19%1+42.96%+47.54%+40.17%+8.88%
Emcure Pharmaceuticals10 July 202413.792.37%1+31.45%+34.84%+29.47%+32.08%
Aadhar Housing Finance15 May 2024202.23%10%+4.59%+24.05%+33.89%
Bharti Hexacom12 April 2024402.08%2+32.46%+42.68%+52.61%+88.28%
JSW Infra3 October 2023100.79%1+20.17%+32.18%+42.65%+78.32%
FSN E-commerce (Nykaa)10 November 20217.490.31%1+79.38%+96.07%+94.03%–
Zomato23 July 202118.530.44%3+52.63%+65.79%+67.43%–
Gland Pharma20 November 202029.311.51%1+14%+21.30%+45.22%–
Creditaccess Grameen23 August 2018329.43%1-7.58%+0.01%-14.66%–
Galaxy Surfactants8 February 20189.623.42%1+3.04%+14.90%+0.97%–

"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

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.