FREE Account Opening + No Clearing Fees
Loading...

Top 10 Merchant Bankers in India 2022-23

Choosing a merchant banker is very important for the success of an IPO. A good merchant banker is well versed with the IPO strategies like valuation, pricing, timing, analyses and much more. The below list displays the top 10 merchant banks in India based on the number of IPOs handled by them and their success rate in terms of listing day performance.

Top 10 Merchant Bankers in India 2022-23

Merchant Banker No. of IPO handled SME IPOs Mainboard IPOs Positive Listing Negative Listing Average Gain (%)
Hem Securities Limited1515 (100%)0 (0%)15 (100%)-52.35%
Iifl Securities Ltd120 (0%)12 (100%)8 (67%)4 (33%)9.50%
Axis Capital Limited120 (0%)12 (100%)6 (50%)6 (50%)9.18%
Finshore Management Services Limited1212 (100%)0 (0%)7 (58%)5 (42%)27.46%
Beeline Capital Advisors Pvt Ltd1111 (100%)0 (0%)9 (82%)2 (18%)24.97%
Jm Financial Limited110 (0%)11 (100%)7 (64%)4 (36%)12.09%
Kotak Mahindra Capital Company Limited100 (0%)10 (100%)6 (60%)4 (40%)6.13%
Shreni Shares Limited1010 (100%)0 (0%)10 (100%)-56.50%
GYR Capital Advisors Private Limited1010 (100%)0 (0%)10 (100%)-45.43%
ICICI Securities Limited100 (0%)10 (100%)5 (50%)5 (50%)6.52%

Comments

Add a public comment...