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IPO Lead Manager Performance 2023

The report about IPO Lead Manager performance in 2023. Compare lead managers in India by their listing day success and failure of the IPO handled by them. The report includes both Mainboard and SME IPO.

At a great extent, the success or failure of an IPO depends on a lead manager. The lead manager decides the pricing, dates, size of IPO. They also help the company selling its IPO shares to public and institutional buyers. Most investors and IPO analysts check the profile of a lead manager before applying in an IPO.

The lead manager or merchant banker is a SEBI registered financial institutions. They play the most critical role in the IPO process. The book running lead manager work closely with the company from day one until the IPO shares get listed at the stock exchanges. They help companies preparing for IPO, write the DRHP / RHP documents and get them approved from the exchanges and SEBI. They decide the offer price, public issue dates and listing dates of the IPO in consultation with the company. They also take care of regulatory requirement and educate the company in for pre and post IPO compliances.

Below report shows the performance of a lead manager for 2023 IPO's. It tries to answers questions like:

  • How many IPO's were managed by a lead manager?
  • How many of these IPO gave listing gains to investors?
  • How many IPO list at the exchange below their issue price?
  • How much average gain/loss investors made on listing day?

IPO Merchant Banker performance 2023

Lead Manager Total IPO Positive Listing Negative Listing Average Gain
Affinity Global Capital Market Private Limited21110.48%
Ambit Private Limited22013.87%
Aryaman Financial Services Limited5322.53%
Axis Capital Limited77027.62%
Beeline Capital Advisors Pvt Ltd1514128.17%
Bnp Paribas1102.01%
Bofa Securities India Limited1104.26%
Choice Capital Advisors Pvt Ltd11047.40%
Citigroup Global Markets India Private Limited33015.66%
Corporate Capitalventures Pvt Ltd220107.05%
Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)312-4.23%
Equirus Capital Private Limited43120.80%
Expert Global Consultants Private Limited22049.10%
Fast Track Finsec Pvt Ltd110216.08%
Fedex Securities Pvt Ltd53216.27%
Finshore Management Services Limited42213.03%
First Overseas Capital Limited9635.13%
Gretex Corporate Services Limited63327.39%
GYR Capital Advisors Private Limited66096.49%
Hdfc Bank Limited11010.29%
Hem Securities Limited1212063.42%
Holani Consultants Private Limited22080.10%
Horizon Management Private Limited101-24.00%
Hsbc Securities & Capital Markets Pvt Ltd2209.94%
ICICI Securities Limited54143.08%
Iifl Securities Ltd107323.35%
Indorient Financial Services Ltd1106.22%
Inga Ventures Pvt Ltd1102.57%
Intensive Fiscal Services Private Limited1100.00%
Interactive Financial Services Ltd6425.40%
Inventure Merchant Banker Services Pvt Ltd202-5.98%
Isk Advisors Pvt Ltd22026.12%
J.P. Morgan India Private Limited33012.71%
Jefferies India Private Limited22029.49%
Jm Financial Limited97224.59%
Khambatta Securities Limited77028.89%
Kotak Mahindra Capital Company Limited77035.68%
Mark Corporate Advisors Private Limited1106.71%
Mirae Asset Capital Markets (India) Private Limited1100.40%
Morgan Stanley India Company Pvt Ltd1104.26%
Motilal Oswal Investment Advisors Limited44015.94%
Narnolia Financial Services Ltd33024.01%
Nirbhay Capital Services Private Limited101-11.33%
Nomura Financial Advisory And Securities (India) Pvt Ltd101-8.84%
Nuvama Wealth Management Limited33019.53%
Oneview Corporate Advisors Private Limited11026.00%
Pantomath Capital Advisors Pvt Ltd44045.96%
Pnb Investment Services Ltd1105.87%
Saffron Capital Advisors Private Limited101-10.00%
Sarthi Capital Advisors Private Limited21115.65%
SBI Capital Markets Limited3219.25%
Share India Capital Services Private Limited65131.33%
Shreni Shares Private Limited99039.21%
Srujan Alpha Capital Advisors Llp1101.25%
Sundae Capital Advisors11011.81%
Swaraj shares and securities private limited11099.50%
Swastika Investmart Ltd321-2.82%
Unistone Capital Pvt Ltd77017.78%
Vivro Financial Services Private Limited11099.49%
Yes Securities (India) Limited11011.38%

Please note

  • The report only considers IPO which are listed on the stock exchanges. The IPO's which are in-progress or withdrawn are not considered in this report.
  • This report shows the number of IPO handled by the lead manager in the calendar year 2023.