Matterhorn India Fund: SME IPO Anchor Investments

IPOs anchored
14
2025 latest
Amount invested
INR 14.65 crore
at the anchor price
Median gain at open
+50.11%
listing day, vs issue price
Opened above issue price
85.71%
share of these IPOs
At 30-day unlock
+37.51%
median, 14 IPOs
At 90-day unlock
+26.21%
median, 14 IPOs
Vs same-year IPOs
+36.95
percentage points; median gap at open

All 14 SME IPOs Anchored

IPOListedInvested (INR crore)Share of anchor bookSchemes Gain at openGain at closeAt 30-day unlockAt 90-day unlock
Goel Construction9 September 20251.013.62%1+15.02%+20.76%+15.93%+17.30%
Spunweb Nonwoven21 July 20251.508.65%1+57.29%+65.16%+41.20%+44.74%
Eleganz Interiors14 February 202514.50%1-6.15%-10.73%-25.62%+5.50%
Readymix Construction13 February 20251.019.41%10%-5%-33.25%-34.96%
Fabtech Technologies Cleanrooms10 January 20251.0112.76%1+90%+99.49%+278.53%+286.18%
Parmeshwar Metal9 January 2025114.21%1+38.52%+45.44%+5.66%+2%
Ganesh Infraworld6 December 20241.013.80%1+90%+99.46%+102.41%+31.99%
Rajesh Power Services2 December 202412.24%1+90%+99.49%+180.61%+147.66%
Aeron Composite4 September 202416.59%1+20%+26%+12.68%+20.44%
Positron Energy20 August 202416.89%1+90%+99.50%+77.62%+33.62%
Aimtron Electronics6 June 202414.06%1+49.69%+57.17%+311.96%+208.04%
Shanti Spintex27 December 20231.0912.26%1+8.57%+14%+14.50%-15.90%
Deepak Chemtex6 December 20231.0115.46%1+90%+99.50%+33.81%+14.39%
Saakshi Medtech3 October 202317.79%1+50.52%+58.04%+190.88%+126.80%

"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.