SEBI Registered Merchant Banker · SME: 14
14
Total IPOs Managed
+33.7%
Avg Listing Gain
-
Mainboard IPOs
14
SME IPOs
Hem Securities is a veteran in the Indian capital markets, with a history dating back to 1981. They have earned a massive following among small business owners for their specialized focus on the SME IPO segment. While many big-city firms chase giant corporations, the team at Hem has built its legacy by walking side-by-side with mid-sized entrepreneurs, helping them transition from local businesses to publicly listed companies on the NSE Emerge and BSE SME platforms.
What truly defines them is their "full-circle" approach. They don't just handle the legal filings for an IPO; they operate as a complete financial home, offering everything from stockbroking and wealth management to deep-dive research. With roots in Jaipur and a strong presence in Mumbai, they combine traditional business values with modern trading tech, making them a trusted name for families looking to grow their wealth over generations.
Contact Information
Jaipur Office: 203, Jaipur Tower, M.I. Road, Jaipur, Rajasthan — 302001
Mumbai Office: 904, A-Wing, Naman Midtown, Senapati Bapat Marg, Lower Parel, Mumbai — 400013
New Delhi Office: 808, 8th Floor, D-Mall, Netaji Subhash Place, Pitampura, New Delhi — 110034
Phone: +91-141-4051000 / +91-22-49060000
Email: [email protected]
| IPO | Segment | Open Date | Issue Size | Issue Price | Subscription | Listing Gain | Listing Date |
|---|---|---|---|---|---|---|---|
| SME | ₹122.0 Cr | ₹196 | 2.87× | - | |||
Vans Electroengineerings IPO
Closed
|
SME | ₹34.3 Cr | ₹118 | 628.73× | - | ||
Raksan Transformers IPO
Listed
|
SME | ₹150.0 Cr | ₹273 | 47.43× | - | ||
| SME | ₹178.0 Cr | ₹270 | 134.16× | +22.1% | |||
Century Business Media IPO
Listed
|
SME | ₹17.0 Cr | ₹74 | 57.93× | - | ||
Phychem Technologies IPO
Listed
|
SME | ₹15.0 Cr | ₹54 | 20.74× | - | ||
Qualiance International IPO
Listed
|
SME | ₹45.0 Cr | ₹127 | 459.22× | +75.6% | ||
Credent Connect N Care IPO
Listed
|
SME | ₹94.0 Cr | ₹189 | 152.06× | +90.0% | ||
Clay Craft India IPO
Listed
|
SME | ₹110.0 Cr | ₹203 | 50.05× | +3.9% | ||
|
Poojaa Precision Engg. IPO
Listed
|
SME | ₹160.0 Cr | ₹301 | 268.50× | - | ||
Q-Line Biotech IPO
Listed
|
SME | ₹214.0 Cr | ₹349 | 102.49× | +23.2% | ||
Adisoft Technologies IPO
Listed
|
SME | ₹74.0 Cr | ₹172 | 77.52× | +19.2% | ||
Vivid Electromech IPO
Listed
|
SME | ₹131.0 Cr | ₹555 | 1.13× | +1.8% | ||
Kasturi Metal Composite IPO
Listed
|
SME | ₹18.0 Cr | ₹64 | 17.75× | - |
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.
Hem Securities Ltd. has managed 14 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.