Negen Capital: SME IPO Anchor Investments

Negen Capital in mainboard IPOs (14 anchored)

IPOs anchored
35
2026 latest
Amount invested
INR 111.28 crore
at the anchor price
Median gain at open
+30.36%
listing day, vs issue price
Opened above issue price
80%
share of these IPOs
At 30-day unlock
+37.42%
median, 35 IPOs
At 90-day unlock
+37.17%
median, 33 IPOs
Vs same-year IPOs
+8.86
percentage points; median gap at open

All 35 SME IPOs Anchored

IPOListedInvested (INR crore)Share of anchor bookSchemes Gain at openGain at closeAt 30-day unlockAt 90-day unlock
Om Galaxy18 September 202614.3047.83%1+0.22%+0.86%-3.33%–
Hannah Joseph Hospital2 February 2026433.53%1-7.14%-2.50%-12.70%+3.81%
Digilogic Systems28 January 20268.5436.99%1-20%-23.99%-11.92%-8.70%
Apollo Techno31 December 20252.7920.48%1+11.54%+16.88%-13.85%-37.81%
Prime Cable Industries29 September 20252.3520.63%1-2.41%-5.66%+21.14%+6.02%
JD Cables25 September 20251.997.37%1+5.26%+3.88%0%+10%
Star Imaging & Path Lab18 August 20253.4618.71%10%-4.26%-4.82%+0.67%
Bhadora Industries11 August 2025212.70%1-1.94%+2.86%-3.64%-16.99%
BD Industries6 August 20254.5134.94%1+0.83%+0.14%+3.19%+0.46%
Meta Infotech11 July 20252.018.90%1+39.75%+46.74%-0.12%-9.72%
Grand Continent Hotels27 March 2025523.64%1-0.09%-5.09%+24.29%+37.17%
Chandan Healthcare17 February 20257.0123.84%2+3.84%+9.03%+4.75%+14.15%
EMA Partners24 January 20254.0118.50%1+26.21%+19.92%+0.36%–
BR Goyal Infrastructure14 January 20252.018.34%1+0.56%+5.56%-18.44%-18.89%
Yash HighVoltage19 December 2024412.77%1+90%+99.49%+78.39%+1.95%
Nisus Finance11 December 20245.9818.55%1+25%+31.25%+178.39%+104.50%
C2C Advanced Systems3 December 202413.55%1+90%+99.49%+244.03%+75.55%
Rajesh Power Services2 December 20246.0313.47%1+90%+99.49%+180.61%+147.66%
Aprameya Engineering1 August 20241.0112.13%1+24.14%+30.34%+17.84%+8.88%
Chetana Education31 July 20242.5019.17%1+16.35%+22.12%-5.12%+2.35%
VVIP Infratech30 July 202415.77%1+90%+99.49%+208.01%+131.94%
Ganesh Green Bharat12 July 20242.015.68%1+90%+99.50%+134.34%+91.11%
Beacon Trusteeship4 June 20241.0110.89%1+50%+57.50%+96.67%+83.92%
Energy Mission Machineries16 May 20241.018.60%1+165.22%+178.44%+147.83%+162.39%
Winsol Engineers14 May 20241.0115.22%1+386.67%+411%+359.87%+382.67%
Emmforce Autotech30 April 20242.0113.10%1+90%+99.50%+95.77%+63.52%
Chatha Foods27 March 20242.4826.03%1+30.36%+36.88%+73.21%+76.89%
KP Green Engineering22 March 202423.71%1+38.89%+45.83%+234.24%+342.33%
Sona Machinery13 March 202416.78%1-12.59%-8.22%-3.50%+4.55%
Accent Microcell15 December 20234.2018.80%1+114.29%+125%+129.43%+75.93%
Maitreya Medicare7 November 20231.0225.24%1+98.23%+88.35%+75.43%+146.34%
Canarys Automations11 October 20234.0139.98%1+40.16%+33.23%+37.42%+32.74%
NewJaisa Technologies5 October 2023217.62%1+51.06%+50.64%+172.98%+197.87%
Saakshi Medtech3 October 202317.79%1+50.52%+58.04%+190.88%+126.80%
Asarfi Hospital26 July 20231.0113.14%1+90%+99.50%+150.38%+93.27%

"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.