SEBI Registered Merchant Banker · Mainboard: 3 · SME: 13
16
Total IPOs Managed
+5.8%
Avg Listing Gain
3
Mainboard IPOs
13
SME IPOs
GYR Capital Advisors is a dynamic financial firm based in Ahmedabad that has earned a reputation as a powerhouse in the SME IPO space. Since its launch in 2017, the team has focused on bridging the gap between small, ambitious businesses and the public markets. They aren't just about spreadsheets; they act as a personal guide for entrepreneurs who are navigating the stock market for the first time.
The firm is particularly skilled at "hand-holding" business owners through the entire listing process—from cleaning up their balance sheets to handling complex SEBI filings. Whether it's an IPO on the NSE Emerge platform or strategic corporate restructuring, their approach is transparent and grounded. They take pride in turning local success stories into publicly traded companies with a level of dedication that feels more like a partnership than a standard consultancy.
Contact Details
Office Address: 428, Gala Empire, Near JB Tower, Drive In Road, Thaltej, Ahmedabad — 380054
Phone: +91 87775 64648 / +91 98250 35779
Email: [email protected]
Website: www.gyrcapitaladvisors.com
| IPO | Segment | Open Date | Issue Size | Issue Price | Subscription | Listing Gain | Listing Date |
|---|---|---|---|---|---|---|---|
| SME | ₹42.0 Cr | ₹110 | 103.12× | +0.0% | |||
Robokidz Eduventures IPO
Listed
|
SME | ₹31.4 Cr | ₹106 | 832.92× | - | ||
Jinkushal Industries IPO
Listed
|
Mainboard | ₹116.2 Cr | ₹121 | 65.10× | +3.3% | ||
Sumax Engineering IPO
Listed
|
SME | ₹50.7 Cr | ₹101 | 172.04× | +9.9% | ||
Sunshine Pictures IPO
Listed
|
Mainboard | ₹282.1 Cr | ₹360 | 105.79× | +10.0% | ||
| SME | ₹19.0 Cr | ₹70 | 209.64× | - | |||
Millworks Technologies IPO
Listed
|
SME | ₹160.0 Cr | ₹331 | 218.56× | - | ||
LAPL Automotive IPO
Listed
|
SME | ₹32.0 Cr | ₹94 | 344.31× | - | ||
Horizon Reclaim (India) IPO
Listed
|
SME | ₹54.0 Cr | ₹103 | 304.06× | - | ||
Merritronix IPO
Listed
|
SME | ₹70.0 Cr | ₹149 | 315.36× | - | ||
| Mainboard | - | - | - | - | - | - | |
Luxury Time IPO
Listed
|
SME | ₹19.0 Cr | ₹82 | 634.83× | - | ||
K.V.Toys India IPO
Listed
|
SME | ₹40.0 Cr | ₹239 | 352.63× | - | ||
| SME | ₹26.0 Cr | ₹46 | 357.37× | - | |||
INDO SMC IPO
Listed
|
SME | ₹92.0 Cr | ₹149 | 110.49× | - | ||
Gabion Technologies IPO
Listed
|
SME | ₹29.0 Cr | ₹81 | 826.00× | - |
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.
GYR Capital Advisors Pvt.Ltd. has managed 16 IPOs tracked on IPORise, including 3 Mainboard and 13 SME IPOs. 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.