FREE Account Opening + No Clearing Fees
Loading...

Top 10 Merchant Bankers in India 2023-24

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 2023-24

Merchant Banker No. of IPO handled SME IPOs Mainboard IPOs Positive Listing Negative Listing Average Gain (%)
ICICI Securities Limited290 (0%)29 (100%)23 (79%)6 (21%)21.28%
Jm Financial Limited250 (0%)25 (100%)20 (80%)5 (20%)23.57%
Beeline Capital Advisors Pvt Ltd2222 (100%)0 (0%)22 (100%)-57.35%
Hem Securities Limited2121 (100%)0 (0%)20 (95%)1 (5%)63.74%
Axis Capital Limited180 (0%)18 (100%)14 (78%)4 (22%)20.50%
Iifl Securities Ltd170 (0%)17 (100%)12 (71%)5 (29%)19.67%
Fedex Securities Pvt Ltd1413 (93%)1 (7%)11 (79%)3 (21%)29.61%
Shreni Shares Limited1313 (100%)0 (0%)13 (100%)-49.86%
SBI Capital Markets Limited130 (0%)13 (100%)7 (54%)6 (46%)13.57%
Kotak Mahindra Capital Company Limited120 (0%)12 (100%)12 (100%)-27.74%

Comments

Add a public comment...