SEBI Registered Merchant Banker · Mainboard: 55
55
Total IPOs Managed
+13.6%
Avg Listing Gain
55
Mainboard IPOs
-
SME IPOs
Axis Capital was set up in December 2005 as a wholly owned subsidiary of Axis Bank. It absorbed Enam Securities through a merger — and that combination brought together two firms with strong institutional reputations, which matters in a business where relationships drive mandates.
The firm covers equity and debt capital markets, M&A advisory, private equity, structured finance, and institutional equities. That's a fairly complete roster for any company looking to raise capital or execute a transaction.
On the ECM side, Axis Capital has held the top position in India for the past decade and claims to have brought over 50 new sectors to the public markets. That's not a number you reach by being selective — it reflects consistent deal flow across market cycles.
The InvIT and REIT business is where Axis has carved out something genuinely distinctive. It has led over 90% of transactions across infrastructure asset classes — roads, renewable energy, warehousing, telecom, and power transmission. No other banker comes close in that segment.
FY24 saw 39 closed transactions, and the firm picked up Best Investment Bank recognition from Finance Asia, Euromoney, and Asia Money in the same year.
Contact Details
Address: Axis House, 1st Floor, C-2 Wadia International Centre, P.B. Marg, Worli, Mumbai – 400025
Email: [email protected]
Website: www.axiscapital.co.in
| IPO | Segment | Open Date | Issue Size | Issue Price | Subscription | Listing Gain | Listing Date |
|---|---|---|---|---|---|---|---|
NSDL IPO
Listed
|
Mainboard | ₹4,011.0 Cr | ₹800 | 41.01× | - | ||
JSW Cement IPO
Listed
|
Mainboard | ₹3,600.0 Cr | ₹147 | 7.77× | +4.4% | ||
BlueStone Jewellery IPO
Listed
|
Mainboard | ₹1,540.7 Cr | ₹517 | 2.70× | -1.4% | ||
Euro Pratik Sales IPO
Listed
|
Mainboard | ₹451.3 Cr | ₹247 | 1.34× | +10.2% | ||
Atlanta Electricals IPO
Listed
|
Mainboard | ₹687.3 Cr | ₹754 | 70.63× | +13.7% | ||
| Mainboard | ₹805.0 Cr | ₹339 | 1.42× | -2.7% | |||
Tata Capital IPO
Listed
|
Mainboard | ₹15,511.9 Cr | ₹326 | 1.95× | +1.2% | ||
Canara Robeco IPO
Listed
|
Mainboard | ₹1,326.1 Cr | ₹266 | 9.74× | +5.4% | ||
|
Rubicon Research IPO
Listed
|
Mainboard | ₹1,377.5 Cr | ₹485 | 103.90× | +27.8% | ||
LG Electronics IPO
Listed
|
Mainboard | ₹11,604.7 Cr | ₹1,140 | 54.02× | +50.0% | ||
Lenskart Solutions IPO
Listed
|
Mainboard | ₹7,278.0 Cr | ₹402 | 28.26× | -1.7% | ||
Pine Labs IPO
Listed
|
Mainboard | ₹3,899.9 Cr | ₹221 | 2.46× | +9.5% | ||
Groww IPO
Listed
|
Mainboard | ₹6,632.3 Cr | ₹100 | 17.60× | +12.0% | ||
Tenneco Clean Air IPO
Listed
|
Mainboard | ₹3,600.0 Cr | ₹397 | 58.83× | +27.2% | ||
PhysicsWallah IPO
Listed
|
Mainboard | ₹3,480.0 Cr | ₹109 | 2.33× | +33.0% | ||
MakeMyTrip IPO
Soon
|
Mainboard | - | - | - | - | - | - |
| Mainboard | - | ₹3,000.0 Cr | - | - | - | - | |
Oswal Pumps IPO
Listed
|
Mainboard | ₹1,387.3 Cr | ₹614 | 34.42× | +3.3% | ||
Schloss Bangalore IPO
Listed
|
Mainboard | ₹3,500.0 Cr | ₹435 | 4.50× | -6.7% | ||
Belrise Industries IPO
Listed
|
Mainboard | ₹2,150.0 Cr | ₹90 | 41.30× | +11.1% |
A lead manager, also known as a merchant banker, is a SEBI-registered financial institution appointed by a company to manage its Initial Public Offering (IPO). The lead manager plays a central role in taking a company from the decision to go public all the way to its listing on BSE or NSE.
Key responsibilities of a lead manager include conducting due diligence on the issuer company, preparing the DRHP (Draft Red Herring Prospectus), filing documents with SEBI, setting the price band, managing the book building process, coordinating with stock exchanges, registrars, and bankers, and ensuring the IPO opens and closes smoothly.
The quality of the lead manager often influences investor confidence in the IPO. Reputed merchant bankers like SBI Capital, Axis Capital, IIFL, and others have a track record of managing successful listings. However, it is always advisable to evaluate the issuer company's fundamentals independently before applying to any IPO.
Disclaimer
IPO data shown on this page is for informational purposes only. Past performance of IPOs managed by a merchant banker does not guarantee future results. Always read the prospectus and consult a SEBI-registered financial advisor before investing.
A lead manager (merchant banker) is a SEBI-registered entity responsible for managing the entire IPO process — from due diligence and DRHP preparation, to filing with SEBI, setting the price band, managing book building, and coordinating the listing on BSE or NSE. They act as the primary intermediary between the issuer company and the investing public.
Axis Capital Limited has managed 55 IPOs tracked on IPORise. You can view the complete list, subscription data, and listing performance in the table above.
High subscription reflects investor demand, which is shaped by company fundamentals, valuation, grey market sentiment, and broader market conditions. A capable lead manager contributes to better price discovery and institutional interest. However, subscription numbers alone are not a reliable measure of lead manager quality — evaluate the issuer independently.
You can verify the SEBI registration of any merchant banker on the official SEBI website (sebi.gov.in) under the "Intermediaries/Market Infrastructure Institutions" section. All SEBI-registered merchant bankers are listed with their registration number, validity, and contact details.