TNA Solutions IPO GMP Today ₹70 ▲ ₹10 (14.3%) Acme India Industries IPO GMP Today ₹196 ▲ ₹30 (15.3%) Jio Platforms IPO GMP Today ▲ ₹146 Nityas Gems & Jewellery IPO GMP Today ₹75 ▲ ₹1 (1.3%) Vishal Nirmiti IPO GMP Today ₹220 ▲ ₹5 (2.3%) Black Opal Consultants IPO GMP Today ₹197 ▲ ₹100 (50.8%) EverestIMS Technologies IPO GMP Today ₹85 ▲ ₹42 (49.4%) Vans Electroengineerings IPO GMP Today ₹118 ▲ ₹70 (59.3%) SRIT India IPO GMP Today ₹130 ▲ ₹51 (39.2%) Shah Investor's Home IPO GMP Today ₹167 ▲ ₹15 (9%) Acme Universal Safezone 9 IPO GMP Today ₹71 ▲ ₹12 (16.9%) Shivchem Agro IPO GMP Today ₹62 ▲ ₹2 (2.4%) TNA Solutions IPO GMP Today ₹70 ▲ ₹10 (14.3%) Acme India Industries IPO GMP Today ₹196 ▲ ₹30 (15.3%) Jio Platforms IPO GMP Today ▲ ₹146 Nityas Gems & Jewellery IPO GMP Today ₹75 ▲ ₹1 (1.3%) Vishal Nirmiti IPO GMP Today ₹220 ▲ ₹5 (2.3%) Black Opal Consultants IPO GMP Today ₹197 ▲ ₹100 (50.8%) EverestIMS Technologies IPO GMP Today ₹85 ▲ ₹42 (49.4%) Vans Electroengineerings IPO GMP Today ₹118 ▲ ₹70 (59.3%) SRIT India IPO GMP Today ₹130 ▲ ₹51 (39.2%) Shah Investor's Home IPO GMP Today ₹167 ▲ ₹15 (9%) Acme Universal Safezone 9 IPO GMP Today ₹71 ▲ ₹12 (16.9%) Shivchem Agro IPO GMP Today ₹62 ▲ ₹2 (2.4%)
IDBI Capital Markets Services Ltd. logo

IDBI Capital Markets Services Ltd.

Lead Manager 8 IPOs Managed Avg Listing +15.4%

SEBI Registered Merchant Banker  ·  Mainboard: 8

8

Total IPOs Managed

+15.4%

Avg Listing Gain

8

Mainboard IPOs

-

SME IPOs

About IDBI Capital Markets Services Ltd.

IDBI Capital is a veteran in the Indian financial space, functioning as the investment banking arm of IDBI Bank. Since its launch in 1993, the firm has built a solid reputation for being a reliable bridge between government-backed enterprises and the private sector. As a top-tier Merchant Banker, they are frequently seen managing large-scale IPOs and complex debt deals, especially for Public Sector Undertakings (PSUs) and major corporate houses.

What sets them apart is their balance of institutional strength and retail accessibility. Through their IDBIdirect platform, they’ve made the stock market approachable for the everyday investor, offering clear research and easy-to-use trading tools. They don't just chase the newest trends; they focus on stability and long-term trust, acting as a steady hand for both first-time traders and massive corporations looking to raise capital in the Indian markets.

Contact Information
Main Office: 6th Floor, IDBI Tower, World Trade Centre, Cuffe Parade, Mumbai — 400005
Investment Banking Unit: 3rd Floor, Mafatlal Centre, Nariman Point, Mumbai — 400021
Phone: +91-22-2217 1700 / +91-22-4322 1212
Email: [email protected]
Website: www.idbicapital.com

IPOs Managed by IDBI Capital Markets Services Ltd. (8 total)

IPO Segment Open Date Issue Size Issue Price Subscription Listing Gain Listing Date
NSDL IPO logo
NSDL IPO
Listed
Mainboard ₹4,011.0 Cr ₹800 41.01× -
Mainboard ₹733.0 Cr ₹139 20.10× +0.0%
Mainboard ₹439.0 Cr ₹170 83.33× +10.6%
Mainboard ₹22,562.0 Cr ₹1,785 5.71× -
Mainboard ₹1,842.0 Cr ₹172 1.05× -7.0%
Mainboard ₹300.0 Cr ₹52 28.05× +0.0%
Mainboard ₹680.0 Cr ₹575 0.22× -7.0%
Mainboard ₹1,071.0 Cr ₹23 143.85× +95.7%

What Does a Lead Manager Do in an IPO?

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.

Frequently Asked Questions

What is the role of a lead manager in an IPO?

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.

How many IPOs has IDBI Capital Markets Services Ltd. managed?

IDBI Capital Markets Services Ltd. has managed 8 IPOs tracked on IPORise. You can view the complete list, subscription data, and listing performance in the table above.

Is a high-subscription IPO always a sign of a good lead manager?

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.

How can I check the SEBI registration of a merchant banker?

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.