SEBI Registered Merchant Banker · Mainboard: 46
46
Total IPOs Managed
+12.1%
Avg Listing Gain
46
Mainboard IPOs
-
SME IPOs
ICICI Securities is a household name in the Indian financial world, largely because they were among the first to bring the stock market to the average person's fingertips. While they are a major subsidiary of ICICI Bank, they operate as a powerhouse in their own right, serving as a top-tier Merchant Banker. They’ve become the go-to firm for massive "Mainboard" IPOs, helping India’s biggest brands transition into public companies.
What makes them unique is their dual strength. On one hand, they handle high-stakes corporate deals and complex equity research for global institutions. On the other, their ICICIdirect platform has made trading accessible to millions of everyday investors. This massive reach means they don't just understand the technical side of finance; they understand the pulse of the Indian retail investor, making them a critical player in almost every major listing in the country.
Contact Information
Main Office: ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai — 400025
Operations Hub: Shree Sawan Knowledge Park, Plot No. D-507, T.T.C. Ind. Area, M.I.D.C, Turbhe, Navi Mumbai — 400705
Phone: +91-22-6807 7100 / +91-22-4070 1000
Email: [email protected]
Website: www.icicisecurities.com
| IPO | Segment | Open Date | Issue Size | Issue Price | Subscription | Listing Gain | Listing Date |
|---|---|---|---|---|---|---|---|
|
AD
Aditya Infotech IPO
Listed
|
Mainboard | ₹1,300.0 Cr | ₹675 | 100.69× | +50.4% | ||
NSDL IPO
Listed
|
Mainboard | ₹4,011.0 Cr | ₹800 | 41.01× | - | ||
Runwal Enterprises IPO
Listed
|
Mainboard | ₹499.8 Cr | ₹305 | 2.64× | +0.0% | ||
Brigade Hotel Ventures IPO
Listed
|
Mainboard | ₹759.6 Cr | ₹90 | 4.48× | -9.9% | ||
Indiqube Spaces IPO
Listed
|
Mainboard | ₹700.0 Cr | ₹237 | 12.41× | -8.9% | ||
Travel Food Services IPO
Listed
|
Mainboard | ₹2,000.0 Cr | ₹1,100 | 2.88× | +2.3% | ||
Seshaasai Technologies IPO
Listed
|
Mainboard | ₹813.1 Cr | ₹423 | 68.13× | +2.1% | ||
Jain Resource Recycling IPO
Listed
|
Mainboard | ₹1,250.0 Cr | ₹232 | 15.90× | +14.3% | ||
Karamtara Engineering IPO
Listed
|
Mainboard | ₹875.0 Cr | ₹254 | 26.45× | +26.0% | ||
| Mainboard | ₹805.0 Cr | ₹339 | 1.42× | -2.7% | |||
Tata Capital IPO
Listed
|
Mainboard | ₹15,511.9 Cr | ₹326 | 1.95× | +1.2% | ||
WeWork India IPO
Listed
|
Mainboard | ₹2,999.6 Cr | ₹648 | 1.15× | +0.3% | ||
Orkla India IPO
Listed
|
Mainboard | ₹1,667.3 Cr | ₹730 | 48.73× | +2.8% | ||
Studds Accessories IPO
Listed
|
Mainboard | ₹455.5 Cr | ₹585 | 73.25× | -3.4% | ||
Sudeep Pharma IPO
Listed
|
Mainboard | ₹895.0 Cr | ₹593 | 93.72× | +23.1% | ||
| Mainboard | ₹650.0 Cr | ₹300 | 184.21× | +111.3% | |||
Kalpataru IPO
Listed
|
Mainboard | ₹1,590.0 Cr | ₹414 | 2.26× | +0.0% | ||
Aegis Vopak Terminals IPO
Listed
|
Mainboard | ₹2,800.0 Cr | ₹235 | 2.09× | -6.4% | ||
Ajax Engineering IPO
Listed
|
Mainboard | ₹1,268.9 Cr | ₹629 | 6.45× | -8.4% | ||
Juniper Green Energy IPO
Listed
|
Mainboard | ₹1,800.0 Cr | ₹225 | 8.38× | +8.9% |
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.
ICICI Securities Ltd. has managed 46 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.