Sanshi Fund: SME IPO Anchor Investments
Sanshi Fund in mainboard IPOs (21 anchored)
IPOs anchored
30
2026 latest
Amount invested
INR 134.48 crore
at the anchor price
Median gain at open
+17.23%
listing day, vs issue price
Opened above issue price
86.67%
share of these IPOs
At 30-day unlock
+17.74%
median, 28 IPOs
At 90-day unlock
+26.80%
median, 28 IPOs
Vs same-year IPOs
+15.16
percentage points; median gap at open
All 30 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 |
|---|---|---|---|---|---|---|---|---|
| Shellz India | 23 October 2026 | 7.02 | 43.32% | 1 | 0% | -5% | – | – |
| Acme India Industries | 9 October 2026 | 7.01 | 20.25% | 1 | +12.76% | +18.39% | – | – |
| Avience Biomedicals | 25 June 2026 | 3.01 | 35.29% | 1 | +90% | +99.50% | +20.77% | +57.07% |
| Clay Craft | 24 June 2026 | 4.90 | 15.62% | 1 | +3.94% | +9.14% | -25.37% | -19.53% |
| Merritronix | 8 June 2026 | 3.37 | 16.92% | 1 | +90% | +99.50% | +165.77% | +108.29% |
| Q Line Biotech | 29 May 2026 | 4.91 | 8.04% | 1 | +31.78% | +38.37% | +59.33% | +61.43% |
| Recode Studios | 12 May 2026 | 4.01 | 31.64% | 1 | +34.87% | +41.61% | +10.54% | +52.31% |
| Adisoft Technologies | 30 April 2026 | 2.83 | 13.45% | 1 | +19.19% | +25.15% | +31.60% | +2.97% |
| Vivid Electromech | 7 April 2026 | 7.01 | 18.87% | 1 | +1.80% | +1.45% | +32.23% | +132.29% |
| Yaap Digital | 5 March 2026 | 6.02 | 26.38% | 1 | -12.41% | -8.03% | -3.55% | +41.34% |
| Brandman Retail | 11 February 2026 | 8.01 | 32.70% | 1 | +3.98% | +9.18% | -13.52% | +11.08% |
| Msafe Equipments | 4 February 2026 | 3 | 16% | 1 | +17.07% | +22.20% | +1.54% | +12.93% |
| E to E Transportation Infrastructure | 2 January 2026 | 4.94 | 20.62% | 1 | +90% | +88.39% | +17.56% | +5.60% |
| Dhara Rail Projects | 31 December 2025 | 5.04 | 35.30% | 1 | +19.05% | +25% | -2.38% | -28.53% |
| MethodHub Software | 12 December 2025 | 5.01 | 17.16% | 1 | -20% | -16.03% | -31.96% | -43.20% |
| Neochem Bio Solutions | 9 December 2025 | 5.01 | 39.23% | 1 | +10.20% | +14.08% | -15.20% | -19.95% |
| Curis Lifesciences | 14 November 2025 | 2.01 | 25.78% | 1 | +14.14% | +10.16% | -12.50% | -14.06% |
| Sheel Biotech | 8 October 2025 | 1.01 | 10.50% | 1 | +44.44% | +51.67% | +20.63% | +12.70% |
| Zelio E-Mobility | 8 October 2025 | 7.51 | 33.68% | 1 | +13.90% | +19.56% | +159.38% | +197.35% |
| Suba Hotels | 7 October 2025 | 3.33 | 15.64% | 1 | +38.92% | +45.86% | +54.01% | +29.68% |
| Chatterbox Technologies | 3 October 2025 | 2.99 | 24.58% | 1 | +17.39% | +12.17% | +13.35% | -31.70% |
| Systematic Industries | 1 October 2025 | 5.01 | 15.22% | 1 | -0.62% | +0.74% | +4.44% | -4.33% |
| Connplex Cinemas | 14 August 2025 | 10.01 | 38.95% | 1 | +10.17% | +5.59% | +7.40% | +28.79% |
| Shree Refrigerations | 1 August 2025 | 5 | 14.96% | 1 | +35.88% | +40.32% | +63.68% | +101.48% |
| Glen Industries | 15 July 2025 | 2 | 11.47% | 1 | +61.86% | +57.08% | +8.71% | -7.27% |
| Safe Enterprises | 27 June 2025 | 5.01 | 10.37% | 1 | +9.42% | +14.89% | +62.50% | +56.34% |
| Monolithisch India | 19 June 2025 | 2 | 8.57% | 1 | +61.92% | +70% | +193.50% | +221.43% |
| Sacheerome | 16 June 2025 | 2.01 | 11.44% | 1 | +50% | +57.40% | +93.38% | +92.16% |
| Unified DataTech Solutions | 29 May 2025 | 3.51 | 8.52% | 1 | +4.40% | +9.62% | +17.93% | +24.80% |
| Tankup Engineers | 30 April 2025 | 2 | 37.14% | 1 | +25% | +31.25% | +84.75% | +144.96% |
"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
- SANSHI FUND-I (29)
- Sanshi Fund-1 (1)
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.