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SEBI Registered Merchant Banker · SME: 2
2
Total IPOs Managed
+6.0%
Avg Listing Gain
-
Mainboard IPOs
2
SME IPOs
Finaax Capital Advisors is a specialized financial firm headquartered in Ahmedabad that operates as a SEBI-registered Category-I Merchant Banker. While they are a newer entrant in the space, they have quickly made a name for themselves by focusing on the growing SME sector in India. The team is comprised of experienced professionals who provide a personal touch to corporate finance, helping smaller companies navigate the often intimidating process of going public.
Their core strength lies in managing public issues, valuation, and strategic advisory. They act as a bridge between ambitious entrepreneurs and the capital markets, ensuring that businesses are not just compliant with regulations but are also positioned for long-term growth. Their approach is straightforward and result-oriented, making them a go-to partner for startups and mid-sized firms looking for clear, expert guidance.
Contact Information
Registered Office: B-401, The First, B/s Keshavbaug Party Plot, IIM Ahmedabad, Vastrapur, Ahmedabad — 380015
Corporate Office: 808, 8th Floor, D-Mall, Netaji Subhash Place, Pitampura, New Delhi — 110034
Phone: +91 94295 50695 / +91 95375 94321
Email: [email protected] / [email protected]
Website: www.finaaxcapital.com
| IPO | Segment | Open Date | Issue Size | Issue Price | Subscription | Listing Gain | Listing Date |
|---|---|---|---|---|---|---|---|
Peshwa Wheat IPO
Listed
|
SME | ₹54.0 Cr | ₹101 | 2.77× | - | ||
Fractal Industries IPO
Listed
|
SME | ₹49.0 Cr | ₹216 | 5.44× | +6.0% |
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.
Finaax Capital Advisors Private Limited has managed 2 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.