SEBI Registered Merchant Banker · Mainboard: 3 · SME: 1
4
Total IPOs Managed
+23.2%
Avg Listing Gain
3
Mainboard IPOs
1
SME IPOs
With roots going back to 1918, Khambatta Securities Ltd. is one of India's oldest and most trusted financial services firms. Headquartered in Mumbai's historic Fort area, it is a SEBI-registered Category I Merchant Banker offering investment banking, IPO lead management, institutional broking, equity research, corporate restructuring, and debt advisory services. The firm serves both institutional and retail clients and has been associated with several notable public issues over the years. Its century-long market presence makes it a reliable partner for companies entering the capital markets.
Contact Details:
Address: #1, Ground Floor, 7/10, Botawala Building, 9 Bank Street, Horniman Circle, Fort, Mumbai
Phone: +91 22 6641 3333 / 44 / 55 / 66
Fax: +91 22 6641 3377
Email: [email protected]
Website: www.khambattasecurities.com
| IPO | Segment | Open Date | Issue Size | Issue Price | Subscription | Listing Gain | Listing Date |
|---|---|---|---|---|---|---|---|
Black Opal Consultants IPO
Closed
|
SME | ₹55.0 Cr | ₹197 | 73.80× | - | ||
A-One Steels IPO
Listed
|
Mainboard | ₹405.0 Cr | ₹405 | 12.23× | +12.4% | ||
Technocraft Ventures IPO
Listed
|
Mainboard | ₹252.0 Cr | ₹212 | 38.69× | +34.0% | ||
Rodec Pharma IPO
Soon
|
Mainboard | - | - | - | - | - | - |
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.
Khambatta Securities Ltd. has managed 4 IPOs tracked on IPORise, including 3 Mainboard and 1 SME IPOs. 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.