Next Orbit Ventures Fund: SME IPO Anchor Investments
IPOs anchored
23
2025 latest
Amount invested
INR 51.04 crore
at the anchor price
Median gain at open
+90%
listing day, vs issue price
Opened above issue price
91.30%
share of these IPOs
At 30-day unlock
+97.48%
median, 23 IPOs
At 90-day unlock
+91.95%
median, 23 IPOs
Vs same-year IPOs
+52.50
percentage points; median gap at open
All 23 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 |
|---|---|---|---|---|---|---|---|---|
| Suba Hotels | 7 October 2025 | 1.01 | 4.76% | 1 | +38.92% | +45.86% | +54.01% | +29.68% |
| Shivashrit Foods | 1 September 2025 | 2 | 10.05% | 1 | +4.58% | -0.39% | -9.44% | -2.99% |
| Landmark Immigration | 23 January 2025 | 1.03 | 16.79% | 1 | +4.17% | +4.26% | -19.40% | -10.42% |
| Toss The Coin | 17 December 2024 | 1.59 | 61.34% | 1 | +90% | +99.48% | +397.25% | +104.73% |
| Ganesh Infraworld | 6 December 2024 | 2.39 | 8.99% | 1 | +90% | +99.46% | +102.41% | +31.99% |
| Rajesh Power Services | 2 December 2024 | 1 | 2.24% | 1 | +90% | +99.49% | +180.61% | +147.66% |
| Usha Financial Services | 31 October 2024 | 1.51 | 5.39% | 1 | -2.38% | -7.23% | -30.36% | -43.30% |
| Subam Papers | 8 October 2024 | 3.89 | 14.57% | 1 | -6.58% | -1.91% | -21.22% | -2.89% |
| Osel Devices | 24 September 2024 | 3.84 | 19.08% | 1 | +23.78% | +29.97% | +17.62% | +25.44% |
| Shubhshree Biofuels | 16 September 2024 | 2 | 42.68% | 1 | +58.82% | +66.76% | +97.48% | +167.65% |
| Namo eWaste | 11 September 2024 | 1.01 | 6.90% | 1 | +90% | +99.47% | +108.76% | +137.94% |
| Jay Bee Laminations | 3 September 2024 | 4.99 | 20% | 1 | +90% | +99.49% | +80.92% | +154.18% |
| Prizor Viztech | 22 July 2024 | 1.52 | 21.41% | 1 | +90% | +99.48% | +90.34% | +91.95% |
| Three M Paper Boards | 22 July 2024 | 1.66 | 14.62% | 1 | +10.14% | +15.65% | -5% | -19.13% |
| Effwa Infra & Research | 12 July 2024 | 3.95 | 27.54% | 1 | +90% | +99.45% | +312.01% | +207.80% |
| Dindigul Farm Product | 27 June 2024 | 2.99 | 30.21% | 1 | +90% | +99.50% | +112.04% | +41.35% |
| TBI Corn | 7 June 2024 | 6 | 47% | 1 | +110.64% | +121.17% | +303.67% | +160.74% |
| Aimtron Electronics | 6 June 2024 | 1 | 4.06% | 1 | +49.69% | +57.17% | +311.96% | +208.04% |
| Refractory Shapes | 14 May 2024 | 2.64 | 50.12% | 1 | +141.94% | +154.03% | +460% | +548.39% |
| Kalyani Cast Tech | 17 November 2023 | 2 | 26.67% | 1 | +90% | +99.50% | +201.91% | +246.51% |
| Paragon Fine | 3 November 2023 | 1.01 | 6.86% | 1 | +125% | +113.75% | +86.20% | +57.70% |
| Saakshi Medtech | 3 October 2023 | 1 | 7.79% | 1 | +50.52% | +58.04% | +190.88% | +126.80% |
| Madhusudan Masala | 26 September 2023 | 1.01 | 14.91% | 1 | +71.43% | +62.86% | +68.57% | +69.93% |
"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
- Next Orbit Ventures Fund (23)
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.