247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Top SME Merchant Bankers in India 2013

Get detailed insights into year-wise Merchant Banker reviews with our comprehensive analysis of BRLMs (Book Running Lead Managers) for SME IPOs in India. This page highlights the performance and services provided by top merchant banking firms for each year, including 2024 merchant bankers, 2023 merchant bankers, and 2022 merchant bankers. Discover which merchant bankers played a key role in helping SMEs raise capital, navigate regulatory processes, and achieve successful listings. Explore reviews of the best merchant bankers known for their expertise in SME IPO advisory and capital market strategies tailored for growing businesses.

Merchant Banker No of IPOs so far Total funds raised (Cr.) Avg IPO size (Cr.) Avg Listing Gain (%) Avg Subscription (X) Location
Guiness Corporate Advisors Private Limited 9 97.72 10.86 3.19 0.00 Kolkata Connect
Inventure Merchant Banker Services Private Limited 5 50.27 10.05 99.27 0.00 Mumbai Connect
Aryaman Financial Services Limited 4 47.77 11.94 6.01 0.00 New Delhi Connect
Hem Securities Limited 3 10.66 3.55 6.93 0.00 Jaipur Connect
Idbi Capital Market Services Limited 2 38.01 19.01 -8.89 0.00 Mumbai Connect
Corporate Strategic Allianz Limited 2 33.78 16.89 28.52 0.00 Ahmedabad Connect
Sarthi Capital Advisors Private Limited 2 19.73 9.87 2.35 0.00 Mumbai Connect
Intensive Fiscal Services Private Limited 2 10.18 5.09 1.25 0.00 Mumbai Connect
Keynote Financial Services Limited 1 25.01 25.01 -16.23 0.00 Mumbai Connect
Monarch Networth Capital Limited 1 18.75 18.75 45.00 0.00 Ahmedabad Connect
Basan Financial Services Limited 1 3.50 3.50 26.00 0.00 Hyderabad Connect
Sobhagya Capital Options Limited 1 2.00 2.00 13.67 0.00 New Delhi Connect
Kjmc Corporate Advisors (India) Limited 1 21.00 21.00 24.88 0.00 Mumbai Connect

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