
The report presents a state-wise distribution of merchant bankers, classified according to their registered / correspondence office locations. Only those merchant bankers who have managed Mainboard IPOs from 2007 onwards and SME IPOs from 2011 onwards are included in this report.
A merchant banker plays a crucial role throughout the IPO journey from the pre-IPO stage to post-listing activities. The issuing company works closely with the merchant banker for almost every IPO-related task, which requires continuous coordination and communication. Because of this close involvement, many companies prefer to appoint a merchant banker located near their operational base or within close geographical proximity.
Click on a state to see all merchant bankers in that state. You can view their office city, total IPOs managed, number and percentage share of Mainboard and SME IPOs handled. Clicking on a merchant banker’s name will show the companies they managed, opening dates, and where the shares are listed.
Note: The location of the merchant banker is based on their registered/correspondence address.
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