SEBI Registered Merchant Banker · Mainboard: 8
8
Total IPOs Managed
+15.4%
Avg Listing Gain
8
Mainboard IPOs
-
SME IPOs
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
| IPO | Segment | Open Date | Issue Size | Issue Price | Subscription | Listing Gain | Listing Date |
|---|---|---|---|---|---|---|---|
NSDL IPO
Listed
|
Mainboard | ₹4,011.0 Cr | ₹800 | 41.01× | - | ||
| Mainboard | ₹733.0 Cr | ₹139 | 20.10× | +0.0% | |||
Knack Packaging IPO
Listed
|
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% | |||
Vidya Wires IPO
Listed
|
Mainboard | ₹300.0 Cr | ₹52 | 28.05× | +0.0% | ||
Purple Style Labs IPO
Listed
|
Mainboard | ₹680.0 Cr | ₹575 | 0.22× | -7.0% | ||
Bharat Coking Coal IPO
Listed
|
Mainboard | ₹1,071.0 Cr | ₹23 | 143.85× | +95.7% |
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.
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.
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.