Holani Venture Capital Fund: SME IPO Anchor Investments

Holani Venture Capital Fund in mainboard IPOs (10 anchored)

IPOs anchored
20
2026 latest
Amount invested
INR 35.30 crore
at the anchor price
Median gain at open
+13.04%
listing day, vs issue price
Opened above issue price
70%
share of these IPOs
At 30-day unlock
+13.52%
median, 20 IPOs
At 90-day unlock
+10%
median, 19 IPOs
Vs same-year IPOs
+10.36
percentage points; median gap at open

All 20 SME IPOs Anchored

IPOListedInvested (INR crore)Share of anchor bookSchemes Gain at openGain at closeAt 30-day unlockAt 90-day unlock
Amtech Esters17 September 20261.0119.86%1+33.33%+40%+48.60%–
Mobilise App Lab2 March 20261.0117.71%1-19.88%-15.88%-33.94%+44.31%
Shyam Dhani30 December 2025327.44%1+90%+99.50%+24.07%-25.43%
Pajson Agro India18 December 20251.014.81%1+5.08%+10.34%+31.53%+67.46%
Invicta Diagnostic8 December 20251.0114.83%1+17.65%+13.76%-9.06%-30.53%
Infinity Infoway8 October 20252.2635.69%1+90%+99.48%+139.03%+160%
Matrix Geo30 September 20251.018.91%1-0.10%-4.66%-3.27%+0.10%
Sampat Aluminium24 September 20251.0111.84%10%-4.04%-34.08%-40.52%
Current Infraprojects3 September 20253.4829.96%1+90%+90.94%+72.50%+79.06%
Sellowrap Industries1 August 20252.0724.11%1+8.43%+13.86%+47.23%+26.14%
Silky Overseas7 July 20252.0126.17%1+6.21%+0.90%-32.20%-25%
Mayasheel Ventures27 June 2025112.91%1+23.40%+29.57%+21.49%+30.53%
NR Vandana Tex4 June 20251.3517.04%10%-2.89%-17.11%-6.67%
Paradeep Parivahan24 March 20251.8816.10%1-20%-16%+0.29%+11.79%
Capital Numbers Infotech27 January 20251.012.10%1+4.18%-0.63%-39.18%-35.38%
Barflex Polyfilms20 January 2025217.88%10%+5%-17.75%+3.58%
Identical Brains Studios26 December 20241.0418.32%1+75.93%+84.72%+5.74%-15.28%
Forcas Studio26 August 20241.029.62%1+90%+80.50%+21.31%+10%
BracePort Logistics26 August 20242.0146.73%1+90%+99.50%+32.75%+36.25%
Rajputana Industries6 August 20245.1283.61%1+90%+99.47%+133.55%+126.32%

"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.