Arnesta: SME IPO Anchor Investments

IPOs anchored
16
2026 latest
Amount invested
INR 26 crore
at the anchor price
Median gain at open
+4.25%
listing day, vs issue price
Opened above issue price
62.50%
share of these IPOs
At 30-day unlock
+11.26%
median, 15 IPOs
At 90-day unlock
+7.77%
median, 14 IPOs
Vs same-year IPOs
+2.12
percentage points; median gap at open

All 16 SME IPOs Anchored

IPOListedInvested (INR crore)Share of anchor bookSchemes Gain at openGain at closeAt 30-day unlockAt 90-day unlock
Ravita Engineering Services22 October 202626.06%10%+1.52%––
Technocrats Plasma21 August 202615.78%1+74.24%+82.95%+178.79%–
Striders Impex6 March 2026219.42%1-2.78%-7.64%-6.88%-28.47%
Fractal Industries24 February 20261.8913.58%1+6.02%+0.72%+0.42%-3.24%
Grover Jewells11 February 20262.0120.94%1+9.09%+14.55%+134.60%+59.09%
Brandman Retail11 February 20262.018.22%1+3.98%+9.18%-13.52%+11.08%
MethodHub Software12 December 202513.43%1-20%-16.03%-31.96%-43.20%
Jayesh Logistics3 November 20251.9929.32%1-1.64%-3.44%+26.93%+11.48%
Munish Forge8 October 202529.52%1+9.38%+14.84%+34.38%+7.34%
Suba Hotels7 October 20251.014.76%1+38.92%+45.86%+54.01%+29.68%
Taurian MPS16 September 2025326.74%1+22.81%+28.95%+108.77%+31.58%
NIS Management2 September 20251.016.06%1-2.70%-7.57%-33.92%-21.17%
Patel Chem Specialities1 August 2025212%1+30.95%+24.40%+11.26%+8.20%
Unified DataTech Solutions29 May 202512.44%1+4.40%+9.62%+17.93%+24.80%
Malpani Pipes4 February 20251.0514.60%1-4.56%-6.62%-29.72%-22.78%
Technichem Organics7 January 2025114.02%1+4.09%+9.29%+4.55%-10.91%

"At 30-day unlock" and "At 90-day unlock" compare the official close on the IPO's exchange (NSE or BSE) 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, or the stock's price could not be found for that day.

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. SME IPOs listed in 2023 to 2026 whose anchor allocation letter we could read and reconcile: 500 IPOs. See the methodology.