243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

List of SME Merchant Bankers

Explore a comprehensive list of leading SME merchant bankers in India, detailing the number of IPOs they’ve successfully managed, total funds raised, and their contact details. This page highlights the expertise of top Book Running Lead Managers (BRLMs) in navigating the SME IPO landscape. With detailed reviews, assess the performance of these merchant bankers to choose the right partner for your IPO journey. Optimize your listing with trusted SME IPO experts across India.


Hem Securities Limited

Hem Securities is a SEBI registered CAT I Merchant Banker located in Jaipur. They provide services in various areas of capital markets which include Merchant Banking Services, Mutual Fund Services, Po ...

Detailed review

No of IPOs so far

124

Total funds raised (Cr.)

2862.94

Avg IPO size (Cr.)

23.09

Avg Listing Gain (%)

33.68

Avg Subscription (X)

89.70
Connect

Pantomath Capital Advisors Private Limited

Pantomath Capital Advisors is a SEBI Registered Category I Merchant Banker located in Mumbai. They provide services in various areas of capital markets which include Merchant Banking Services, Investm ...

Detailed review

No of IPOs so far

103

Total funds raised (Cr.)

1678.62

Avg IPO size (Cr.)

16.30

Avg Listing Gain (%)

10.65

Avg Subscription (X)

8.87
Connect

Aryaman Financial Services Limited

Aryaman Financial Services is a SEBI registered CAT I Merchant Banker located in New Delhi. They provide services in various areas of capital markets which include Merchant Banking Services, Valuation ...

Detailed review

No of IPOs so far

84

Total funds raised (Cr.)

1140.70

Avg IPO size (Cr.)

13.58

Avg Listing Gain (%)

4.92

Avg Subscription (X)

4.88
Connect

Beeline Capital Advisors Private Limited

BCAPL is a SEBI registered CAT I Merchant Banker located in Ahmedabad. They provide services in various areas of capital markets which include Merchant Banking Services, Corporate Advisory Services, a ...

Detailed review

No of IPOs so far

67

Total funds raised (Cr.)

2049.75

Avg IPO size (Cr.)

30.59

Avg Listing Gain (%)

49.82

Avg Subscription (X)

184.38
Connect

First Overseas Capital Limited

First Overseas Capital is a SEBI registered CAT I Merchant Banker located in Mumbai. They provide services in various areas of capital markets which include Merchant Banking Services, Valuation, Priva ...

Detailed review

No of IPOs so far

51

Total funds raised (Cr.)

864.46

Avg IPO size (Cr.)

16.95

Avg Listing Gain (%)

5.74

Avg Subscription (X)

7.52
Connect

Sarthi Capital Advisors Private Limited

Sarthi Capital Advisors is a SEBI Registered Category I Merchant Banker located in New Delhi. They provide services in various areas of capital markets which include Merchant Banking Services, corpora ...

Detailed review

No of IPOs so far

48

Total funds raised (Cr.)

745.76

Avg IPO size (Cr.)

15.54

Avg Listing Gain (%)

17.59

Avg Subscription (X)

15.23
Connect

Gretex Corporate Services Limited

Gretex is a SEBI Registered Category I Merchant Banker located in Mumbai. They provide services in various areas of capital markets which include Merchant Banking Services, Valuation, and Transaction ...

Detailed review

No of IPOs so far

48

Total funds raised (Cr.)

832.40

Avg IPO size (Cr.)

17.34

Avg Listing Gain (%)

18.32

Avg Subscription (X)

43.65
Connect

Guiness Corporate Advisors Private Limited

Guiness Corporate Advisors Private Limited is a SEBI registered CAT I Merchant Banker located in Kolkata. They provide services in various areas of capital market like IPO, Private Equity, Investment ...

Detailed review

No of IPOs so far

47

Total funds raised (Cr.)

585.29

Avg IPO size (Cr.)

12.45

Avg Listing Gain (%)

7.28

Avg Subscription (X)

6.46
Connect

Finshore Management Services Limited

Finshore Management Services is a SEBI registered CAT I Merchant Banker located in Kolkata. They provide services in various areas of capital markets which include Merchant Banking Services, Corporate ...

Detailed review

No of IPOs so far

45

Total funds raised (Cr.)

563.95

Avg IPO size (Cr.)

12.53

Avg Listing Gain (%)

23.08

Avg Subscription (X)

69.09
Connect

Shreni Shares Limited

Shreni Shares is a SEBI registered CAT I Merchant Banker located in Mumbai. They provide services in various areas of capital markets which include Merchant Banking Services, Valuation and Transaction ...

Detailed review

No of IPOs so far

44

Total funds raised (Cr.)

766.13

Avg IPO size (Cr.)

17.41

Avg Listing Gain (%)

41.80

Avg Subscription (X)

120.85
Connect