Minerva Emerging Opportunities Fund Limited: SME IPO Anchor Investments
IPOs anchored
11
2025 latest
Amount invested
INR 14.79 crore
at the anchor price
Median gain at open
+40.45%
listing day, vs issue price
Opened above issue price
100%
share of these IPOs
At 30-day unlock
+34.27%
median, 11 IPOs
At 90-day unlock
+28.57%
median, 11 IPOs
Vs same-year IPOs
+18.38
percentage points; median gap at open
All 11 SME 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 |
|---|---|---|---|---|---|---|---|---|
| Optivalue Tek | 10 September 2025 | 2 | 13.73% | 1 | +23.33% | +22.14% | +14.17% | -9.76% |
| Monarch Surveyors | 29 July 2025 | 1 | 3.79% | 1 | +68.50% | +60.08% | +12.84% | +0.32% |
| Shri Ahimsa Naturals | 2 April 2025 | 2.01 | 9.64% | 1 | +17.65% | +23.53% | +38.45% | +28.57% |
| OBSC Perfection | 29 October 2024 | 2.04 | 10.86% | 1 | +10% | +15.50% | +30.85% | +116.55% |
| Three M Paper Boards | 22 July 2024 | 1.66 | 14.62% | 1 | +10.14% | +15.65% | -5% | -19.13% |
| Naman In-Store | 2 April 2024 | 1.05 | 14.60% | 1 | +40.45% | +33.43% | +34.27% | +20.11% |
| Pratham EPC | 18 March 2024 | 1.01 | 9.84% | 1 | +51.07% | +58.60% | +118% | +319.87% |
| Konstelec Engineers | 30 January 2024 | 1.01 | 12.35% | 1 | +200% | +215% | +232.79% | +155.57% |
| Maxposure | 23 January 2024 | 1 | 17.88% | 1 | +339.39% | +317.42% | +188.94% | +151.52% |
| SAR Televenture | 8 November 2023 | 1 | 14.31% | 1 | +90.91% | +100.45% | +248.82% | +447.64% |
| Essen Speciality | 6 July 2023 | 1 | 5.30% | 1 | +30.84% | +37.38% | +32.10% | +19.81% |
"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
- Minerva Emerging Opportunities Fund Limited (11)
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.