Pine Oak Global Fund: SME IPO Anchor Investments

IPOs anchored
20
2026 latest
Amount invested
INR 68.85 crore
at the anchor price
Median gain at open
+16.50%
listing day, vs issue price
Opened above issue price
85%
share of these IPOs
At 30-day unlock
+17.04%
median, 20 IPOs
At 90-day unlock
+8.61%
median, 20 IPOs
Vs same-year IPOs
+12.88
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
IC Electricals10 July 2026214.74%1+67.68%+76.06%+47.93%+17.22%
KRM Ayurveda29 January 202610.7751.75%1+27.48%+33.85%+50.93%+74.07%
Defrail Technologies19 January 20261.0126.23%1+28.38%+21.96%+47.36%+8.11%
Exim Routes19 December 20256.6953.85%1+25%+31.25%+161.14%+68.18%
Ashwini Container19 December 20255.0124.93%1+3.52%-1.34%+15.14%-4.30%
True Colors30 September 20252.015.51%10%-4.16%-3.61%+9.11%
Anondita Medicare1 September 2025210.22%1+90%+99.48%+155.28%+328.66%
Kaytex Fabrics5 August 20253.0117.92%1-20%-16.33%-31.19%-51.22%
Shree Refrigerations1 August 20252.306.88%1+35.88%+40.32%+63.68%+101.48%
Monika Alcobev23 July 202512.5027.15%1+0.70%+0.70%+0.47%+3.81%
Silky Overseas7 July 20252.0126.17%1+6.21%+0.90%-32.20%-25%
Solarium Green Energy13 February 20251.013.38%1+5.76%+10.94%+18.93%+50.16%
HM Electro Mech31 January 20251.0112.77%1+8%+2.72%-20.89%+5.31%
Rikhav Securities22 January 2025311.95%1+90%+99.48%+2.56%-14.53%
Sat Kartar Shopping17 January 20253.0231.61%1+90%+99.44%+134.57%+75.12%
BR Goyal Infrastructure14 January 20251.014.20%1+0.56%+5.56%-18.44%-18.89%
Purple United Sales18 December 20244.0142.91%1+57.94%+65.83%+29.48%-0.20%
Pranik Logistics17 October 20241.9831.38%1+2.60%+7.73%+2.66%+11.69%
Share Samadhan16 September 20242.5036.57%1-1.28%+1.18%-15.54%-18.24%
Afcom Holdings9 August 20242.019.81%1+90%+99.49%+292.69%+387.96%

"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.