Resonance Opportunities Fund: IPO Anchor Investments
Resonance Opportunities Fund in SME IPOs (23 anchored)
IPOs anchored
12
2025 latest
Amount invested
INR 98.32 crore
at the anchor price
Median gain at open
+6.09%
listing day, vs issue price
Opened above issue price
66.67%
share of these IPOs
At 30-day unlock
-0.30%
median, 12 IPOs
At 90-day unlock
-4.46%
median, 8 IPOs
Vs same-year IPOs
-4.76
percentage points; median gap at open
All 12 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 |
|---|---|---|---|---|---|---|---|---|
| WeWork India | 10 October 2025 | 19.64 | 1.46% | 1 | +0.31% | -2.99% | -2.48% | -5.59% |
| Garuda Construction and Engineering | 15 October 2024 | 10 | 13.33% | 1 | +10.53% | +11.96% | -8.83% | +44.85% |
| Gala Precision | 9 September 2024 | 5 | 9.94% | 1 | +36.31% | +43.13% | +38.37% | +94.79% |
| Pyramid Technoplast | 29 August 2023 | 5 | 18.15% | 1 | +12.65% | +7.02% | -0.78% | +20% |
| Landmark Cars | 23 December 2022 | 5.17 | 3.13% | 1 | -6.92% | -9.41% | +21.36% | -3.34% |
| Dharmaj Crop Guard | 8 December 2022 | 15 | 20.02% | 1 | +12.26% | +12.36% | -12.72% | -27.83% |
| Inox Green Energy | 23 November 2022 | 5 | 1.50% | 1 | -7.69% | -9.08% | -24.08% | -33.46% |
| DCX Systems | 11 November 2022 | 8 | 3.56% | 1 | +38.65% | +49.01% | +21.62% | -8.50% |
| Veranda Learning | 11 April 2022 | 10 | 21.39% | 1 | -8.76% | -4.20% | +94.23% | – |
| AGS Transact | 31 January 2022 | 5.50 | 2.70% | 1 | 0% | -7.97% | -42.91% | – |
| Ami Organics | 14 September 2021 | 5 | 2.93% | 1 | +49.18% | +53.28% | +104.98% | – |
| Chemplast Sanmar | 24 August 2021 | 5 | 0.29% | 1 | +1.66% | -1% | +0.19% | – |
"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
- Resonance Opportunities Fund (12)
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.