Shaan Patel Asset Management (SPAM), a SEBI-registered Category III Alternative Investment Fund (AIF) manager, has launched the Quant IPO Opportunity Fund, with a target corpus of ₹250 crore to capitalize on opportunities emerging from India's robust IPO market.
The fund has been seeded with an initial commitment of ₹20 crore and will invest in both Mainboard and SME IPOs through Anchor Investor and Qualified Institutional Buyer (QIB) allocations.
What differentiates the strategy is its proprietary quantitative investment framework, which integrates artificial intelligence (AI), advanced data analytics, and fundamental research to identify high-quality IPO opportunities. Rather than chasing short-term listing gains, the fund focuses on businesses with attractive valuations, strong financials, sector leadership, earnings visibility, and long-term growth potential.
The investment universe will primarily include companies operating in high-growth sectors such as Artificial Intelligence (AI), FinTech, Defence, Renewable Energy, Electric Vehicles (EVs), and Semiconductors.

Commenting on the launch, Shaan Patel, Founder & Chief Investment Officer, said India's primary markets are evolving rapidly, with an increasing number of high-quality companies choosing public markets to fund their growth. He emphasized that sustainable wealth creation in IPO investing requires disciplined research, valuation-driven decision-making, and a robust quantitative framework rather than relying solely on subscription trends or listing-day performance.
The fund also incorporates a comprehensive risk management framework through portfolio diversification, disciplined position sizing, continuous monitoring, and a focus on fundamentally strong businesses with prudent leverage.
With India's IPO pipeline remaining strong and institutional participation on the rise, the Quant IPO Opportunity Fund aims to offer investors a systematic, technology-driven approach to participating in the country's long-term growth story.

