SEBI Registered Merchant Banker · Mainboard: 70
70
Total IPOs Managed
+12.6%
Avg Listing Gain
70
Mainboard IPOs
-
SME IPOs
JM Financial is a powerhouse in the Indian financial landscape, having built a reputation for reliability since its start in 1973. Rather than just being a bank, it operates as a full-scale financial hub, guiding businesses through complex mergers and helping individual investors grow their wealth. In the world of Indian capital markets, they are often the "behind-the-scenes" experts making massive IPOs and corporate deals happen.
Get in Touch
Headquarters: 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025.
Phone: +91 22 6198 7777
Email: [email protected]
Web: www.jmfl.com
| IPO | Segment | Open Date | Issue Size | Issue Price | Subscription | Listing Gain | Listing Date |
|---|---|---|---|---|---|---|---|
JSW Cement IPO
Listed
|
Mainboard | ₹3,600.0 Cr | ₹147 | 7.77× | +4.4% | ||
Vikram Solar IPO
Listed
|
Mainboard | ₹2,079.4 Cr | ₹332 | 54.63× | +1.8% | ||
Urban Company IPO
Listed
|
Mainboard | ₹1,900.0 Cr | ₹103 | 103.63× | +57.5% | ||
Orient Cables IPO
Listed
|
Mainboard | ₹552.0 Cr | ₹272 | 97.28× | +65.4% | ||
Elevate Campuses IPO
Listed
|
Mainboard | ₹2,100.0 Cr | ₹362 | 1.89× | -1.9% | ||
Varmora Granito IPO
Listed
|
Mainboard | ₹708.0 Cr | ₹148 | 1.58× | +4.7% | ||
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% | ||
GNG Electronics IPO
Listed
|
Mainboard | ₹460.4 Cr | ₹237 | 147.93× | +49.8% | ||
Anthem Biosciences IPO
Listed
|
Mainboard | ₹3,395.0 Cr | ₹570 | 63.86× | +26.9% | ||
|
SM
|
Mainboard | ₹582.6 Cr | ₹407 | 13.45× | +6.9% | ||
Karamtara Engineering IPO
Listed
|
Mainboard | ₹875.0 Cr | ₹254 | 26.45× | +26.0% | ||
| Mainboard | ₹733.0 Cr | ₹139 | 20.10× | +0.0% | |||
WeWork India IPO
Listed
|
Mainboard | ₹2,999.6 Cr | ₹648 | 1.15× | +0.3% | ||
Canara Robeco IPO
Listed
|
Mainboard | ₹1,326.1 Cr | ₹266 | 9.74× | +5.4% | ||
|
Rubicon Research IPO
Listed
|
Mainboard | ₹1,377.5 Cr | ₹485 | 103.90× | +27.8% | ||
Canara HSBC Life IPO
Listed
|
Mainboard | ₹2,516.0 Cr | ₹106 | 2.29× | +0.0% | ||
Emmvee Photovoltaic IPO
Listed
|
Mainboard | ₹2,900.0 Cr | ₹217 | 0.97× | +0.0% | ||
Tenneco Clean Air IPO
Listed
|
Mainboard | ₹3,600.0 Cr | ₹397 | 58.83× | +27.2% | ||
Capillary Technologies IPO
Listed
|
Mainboard | ₹877.5 Cr | ₹577 | 52.95× | -0.9% |
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.
JM Financial Ltd. has managed 70 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.