FPIs lead anchor exits causing price pressure on IPOs
A SEBI study found FPIs as the largest sellers among anchor investors, causing significant price pressure on IPOs. Stocks with over 10% anchor exits saw an average price drop of 3.5% in the days following the unlock period.
pre-market1 source ↓written by the desknot a recommendation
- during the T+29
- -3.5%
- of their allotments
- 24.5%
Foreign Portfolio Investors (FPIs) have emerged as the biggest sellers among anchor investors, according to a recent SEBI study. It analyzed 242 IPOs from April 2022 to October 2025, revealing that over 10% of anchor holdings sold led to an average price impact of -3.5% during the T+29 to T+33 window. Smaller IPOs faced higher anchor exits, with FPIs exiting 24.5% of their allotments, indicating potential trading volatility.
Not investment advice. For informational purposes only.