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SME IPO Merchant Banker Performance 2024

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Review SME IPO Lead Managers performance 2024 by comparing success and failure on the IPO listing day. The report shows the total number of SME IPOs that were handled with different lead managers, as well as the number of IPOs that were listed at a premium or discount.

Every SME company that goes public must first appoint a merchant banker or lead manager. The Lead Manager is the main intermediary who prepares and processes all key IPO documents such as DRHP and RHP, and ensures due diligence compliance. He also evaluates the IPO demand in the market and sets the IPO offer price. Therefore, selecting the right merchant banker/lead manager with a good profile and a solid track record is critical for a positive listing of SME shares.

The Role of Merchant Bankers at SME IPO

The report shows the performance of SME IPO lead managers, including the total number of SME IPOs managed by a merchant banker, total funds raised, average IPO issue size, and IPO listing day success (positive or negative). Here positive listing means IPO shares were listed at a price above the issue price and negative listing means IPO shares were listed at a price below the offer price.

SME IPO Lead Manager Performance 2024

Lead-Manager Total IPOs Positive Negative Total Issue_Size(Rs Cr) Avg Issue Size(Rs Cr) Avg Listing Gain
Hem Securities242311,042.9243.4652.46%
Beeline Capital22220927.6642.1799.06%
Shreni Shares13130349.5326.8943.61%
Fedex Securities12120234.3719.5332.72%
GYR Capital Advisors12120529.5444.13156.43%
Corporate Capital770356.9650.99168.43%

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Interactive Financial761210.6630.0926.55%
Swastika Investmart770168.9224.1340.89%
Share India Capital Services770354.7450.6860.77%
Expert Global Consultants770199.2028.4660.65%
Horizon Management651340.5956.7744.01%
Narnolia Financial642189.7331.6245.31%
Gretex Corporate Services660165.9727.6647.94%
Finshore55081.1516.2318.18%
Inventure Merchant Banker54188.7917.7621.98%
Choice Capital Advisors440241.0060.2532.22%
Fast Track Finsec440104.6126.1517.95%
Holani Consultants44097.7824.44136.94%
Khandwala Securities33070.2723.4270.18%
Srujan Alpha Capital Advisors33076.4125.477.07%
Swaraj shares and securities330135.7745.2661.13%
Isk Advisors32185.7628.5921.64%
Ekadrisht Capital330138.3346.11136.69%
Jawa Capital32168.9022.9721.46%
SKI Capital Services22021.3810.6928.00%
Kunvarji Finstock21166.2533.1240.65%
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