Resonance Opportunities Fund: SME IPO Anchor Investments

Resonance Opportunities Fund in mainboard IPOs (12 anchored)

IPOs anchored
23
2026 latest
Amount invested
INR 36.58 crore
at the anchor price
Median gain at open
+19.23%
listing day, vs issue price
Opened above issue price
82.61%
share of these IPOs
At 30-day unlock
+27.84%
median, 22 IPOs
At 90-day unlock
+24.60%
median, 22 IPOs
Vs same-year IPOs
+11.75
percentage points; median gap at open

All 23 SME IPOs Anchored

IPOListedInvested (INR crore)Share of anchor bookSchemes Gain at openGain at closeAt 30-day unlockAt 90-day unlock
Shellz India23 October 20261.167.16%10%-5%––
Shreedhar Spinners1 July 20261.0111.74%1+2.64%+7.74%+64.15%+211.32%
Teamtech Formwork26 May 20261.268.83%1+19.05%+15.48%+23.57%+104.68%
EPW India30 December 2025111.07%1+14.43%+20.15%+3.09%+16.29%
Unisem17 December 2025116.45%10%-5%-13.85%-7.69%
DSM Fresh Foods9 October 20251.046.26%1+20%+26%+75.25%+35.10%
True Colors30 September 20251.504.12%10%-4.16%-3.61%+9.11%
Cash Ur Drive Marketing7 August 202515.82%1+19.23%+21.12%+11.77%+8%
Yash HighVoltage19 December 20241.013.22%1+90%+99.49%+78.39%+1.95%
Subam Papers8 October 20242.9210.93%1-6.58%-1.91%-21.22%-2.89%
Chetana Education31 July 20241.017.71%1+16.35%+22.12%-5.12%+2.35%
Indian Emulsifiers22 May 20242.0116.70%1+225.76%+242.05%+280.61%+150.45%
Aztec Fluids17 May 20241.7625.64%1+34.33%+27.61%+7.97%+33.94%
Delaplex2 February 202417.64%1+60.94%+68.98%+43.36%+27.08%
Addictive Learning Technology30 January 2024212%1+121.43%+110.36%+136.68%+105.71%
Akanksha Power3 January 2024225.67%1+12.73%+18.36%+123.73%+47.82%
Swashthik Plascon5 December 20232.0117.32%1+39.65%+46.63%+22.33%+3.55%
Kalyani Cast Tech17 November 20231.5020%1+90%+99.50%+201.91%+246.51%
Hi-Green Carbon28 September 20233.1421.13%1+2.67%+7.80%+110.67%+140.20%
Yudiz Solutions17 August 20231.128.95%1+12.12%+9.94%+15.27%-7.88%
Drone Destination21 July 20233.0925.21%1+65.31%+57.08%+108.77%+100.08%
Greenchef Appliances6 July 20232.0313.33%1+19.54%+25.52%+13.56%+22.13%
Essen Speciality6 July 202315.30%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

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.