List of SME Merchant Bankers
Explore a comprehensive list of leading SME merchant bankers in India, detailing their IPO activity, total funds raised, average IPO size, average listing gain, and average subscription. Use these insights to compare track records and choose the right partner for your IPO journey.
Filter by IPO so far
Total Number of Merchant Bankers: 10
Hem Securities Limited
SEBI registered merchant banker based in Jaipur, providing advisory across capital markets, fundraising, and SME listings.
No of IPOs so far
141
Total funds raised (Cr.)
4034.09
Avg IPO size (Cr.)
28.61
Avg Listing Gain (%)
31.62
Avg Subscription (x)
88.85
Pantomath Capital Advisors Private Limited
Mumbai-based merchant banker focused on merchant banking services, valuation support, and transaction advisory.
No of IPOs so far
104
Total funds raised (Cr.)
1684.10
Avg IPO size (Cr.)
16.19
Avg Listing Gain (%)
10.59
Avg Subscription (x)
8.07
Aryaman Financial Services Limited
New Delhi merchant banker serving issuers with listing support, valuation, and issue management services.
No of IPOs so far
90
Total funds raised (Cr.)
1417.76
Avg IPO size (Cr.)
15.75
Avg Listing Gain (%)
4.82
Avg Subscription (x)
4.78
Beeline Capital Advisors Private Limited
Ahmedabad-based advisory firm offering merchant banking and corporate advisory services.
No of IPOs so far
81
Total funds raised (Cr.)
2741.92
Avg IPO size (Cr.)
33.85
Avg Listing Gain (%)
44.65
Avg Subscription (x)
193.61
Gretex Corporate Services Limited
Mumbai merchant banker with services in transaction management, valuation, and issue advisory.
No of IPOs so far
59
Total funds raised (Cr.)
1333.09
Avg IPO size (Cr.)
22.59
Avg Listing Gain (%)
16.04
Avg Subscription (x)
43.37