IPO Lead Manager Performance 2021

The report about IPO Lead Manager performance in 2021. 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 2021 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 2021

Lead Manager Total IPO Positive Listing Negative Listing Average Gain
ICICI Securities Limited30181227.52%
JM Financial Limited2017335.25%
Axis Capital Limited31171416.67%
IIFL Securities Ltd2314911.47%
Kotak Mahindra Capital Company Limited1813532.39%
DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd)97216.52%
Credit Suisse Securities (India) Private Limited76121.89%
Edelweiss Financial Services Ltd96326.01%
Equirus Capital Private Limited76129.36%
SBI Capital Markets Limited136712.11%
Aryaman Financial Services limited6601.45%
Fedex Securities Limited6512.91%
Hem Securities Limited65129.96%
BofA Securities India Limited65127.96%
Citigroup Global Markets India Private Limited94514.85%
Nomura Financial Advisory And Securities (India) Pvt Ltd8448.79%
Jefferies India Private Limited44019.16%
Beeline Broking Ltd6330.23%
Gretex Corporate Services Pvt Ltd4310.27%
Ambit Private Limited63310.73%
Morgan Stanley India Company Pvt Ltd43139.31%
Unistone Capital Pvt Ltd32197.52%
CLSA India Private Limited32110.77%
Motilal Oswal Investment Advisors Pvt Ltd42235.69%
HDFC Bank Limited52320.27%
Navigant Corporate Advisors Ltd22024.96%
IDBI Capital Market Services Limited22029.39%
First Overseas Capital Limited32141.91%
Finshore Management Services Limited3216.33%
Anand Rathi Securities Limited22095.55%
Pantomath Capital Advisors Pvt Ltd22015.49%
Intensive Fiscal Services Private Limited11053.20%
BOB Capital Markets Limited413-3.84%
Goldman Sachs (India) Securities Private Limited211-11.67%
Sarthi Capital Advisors Private Limited110311.40%
Corporate CapitalVentures Pvt Ltd11029.50%
BNP Paribas1106.09%
Haitong Securities India Private Limited110148.02%
Inventure Merchant Banker Services Pvt Ltd4138.68%
Turnaround Corporate Advisors Private Limited1103.64%
Emkay Global Financial Services Ltd11029.55%
J.P. Morgan India Private Limited413-3.51%
Batlivala & Karani Securities India Private Limited11029.55%
Mark Corporate Advisors Private Limited211-1.10%
GYR Capital Advisors Limited1100.00%
ITI Capital Ltd11066.66%
Fast Track Finsec Pvt Ltd11012.61%
IndusInd Bank Limited101-1.13%
Holani Consultants Private limited101-0.12%
BOI Merchant Bankers Ltd101-0.12%
IDFC Bank Limited101-4.42%
HSBC Securities & Capital Markets Pvt Ltd202-5.61%
Yes Securities (India) Limited202-2.92%

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 2021.