Zeta Global Funds: SME IPO Anchor Investments

IPOs anchored
18
2025 latest
Amount invested
INR 26.98 crore
at the anchor price
Median gain at open
+7.29%
listing day, vs issue price
Opened above issue price
77.78%
share of these IPOs
At 30-day unlock
+6.36%
median, 18 IPOs
At 90-day unlock
-0.74%
median, 18 IPOs
Vs same-year IPOs
-0.11
percentage points; median gap at open

All 18 SME IPOs Anchored

IPOListedInvested (INR crore)Share of anchor bookSchemes Gain at openGain at closeAt 30-day unlockAt 90-day unlock
Curis Lifesciences14 November 20251.0913.96%1+14.14%+10.16%-12.50%-14.06%
NIS Management2 September 20251.016.06%1-2.70%-7.57%-33.92%-21.17%
Shivashrit Foods1 September 20251.015.06%1+4.58%-0.39%-9.44%-2.99%
Virtual Galaxy19 May 202527.66%1+26.76%+33.10%+15.04%+22.89%
Rapid Fleet Management28 March 20255.0146.72%1+1.56%+4.64%+10.47%+2.34%
Paradeep Parivahan24 March 20251.018.65%1-20%-16%+0.29%+11.79%
PS Raj Steels19 February 20251.0112.65%1+3.57%+7.57%+7.86%-1.36%
Capital Numbers Infotech27 January 20252.014.17%1+4.18%-0.63%-39.18%-35.38%
Sat Kartar Shopping17 January 20251.0110.58%1+90%+99.44%+134.57%+75.12%
Anya Polytech and Fertilizers2 January 20253.0123.63%1+22.14%+28.21%+63.21%+55%
Jungle Camps17 December 20241.7520.91%1+90%+80.50%+19.85%-29.94%
Usha Financial Services31 October 20241.013.61%1-2.38%-7.23%-30.36%-43.30%
United Heat Transfer29 October 2024111.85%1+3.31%+8.39%+35.51%+36.61%
OBSC Perfection29 October 20241.015.36%1+10%+15.50%+30.85%+116.55%
Divyadhan Recycling4 October 20241.0114.77%1+31.25%+37.81%+28.91%+12.81%
Share Samadhan16 September 20241.0114.73%1-1.28%+1.18%-15.54%-18.24%
Mach Conferences11 September 20241.012.85%1+33.33%+31.36%+4%-0.11%
Indian Phosphate3 September 20241.015.29%1+90%+80.51%+4.85%-16.67%

"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.