SEBI Registered Merchant Banker · Mainboard: 5 · SME: 1
6
Total IPOs Managed
+13.3%
Avg Listing Gain
5
Mainboard IPOs
1
SME IPOs
Founded in 1985 by Vijay Mehta, Mefcom Capital Markets is a Delhi-based financial services company with four decades in India's capital markets. It operates across trading in equities, derivatives, currencies, and commodities, alongside merchant banking, wealth management, investment banking, and M&A advisory.
The company has managed over 250 IPOs and rights issues, helping raise more than ₹25,000 million in Indian capital markets. It holds about 4,000 shareholders, including institutional investors like UTI, PNB Mutual Fund, and BOI Mutual Fund, plus over 250 NRI investors. Subsidiaries include Mefcom Securities Ltd (BSE, NSE member) and Mefcom Commodity Brokers Ltd (MCX member). Its overseas arm, Mefcom Global Enterprise Ltd, trades on the Dubai Gold & Commodities Exchange.
Contact Details
Sanchi Building, 77, Nehru Place, New Delhi – 110 019
+91 (11) 46500500
+91 (11) 46500550
[email protected]
www.mefcom.in
Investor Grievance: [email protected]
SEBI Reg. No: INZ000252932
| IPO | Segment | Open Date | Issue Size | Issue Price | Subscription | Listing Gain | Listing Date |
|---|---|---|---|---|---|---|---|
Priority Jewels IPO
Listed
|
Mainboard | ₹91.5 Cr | ₹200 | 100.43× | +15.0% | ||
Annu Projects IPO
Listed
|
Mainboard | ₹175.1 Cr | ₹99 | 2.93× | -27.3% | ||
Globe Civil Projects IPO
Listed
|
Mainboard | ₹119.0 Cr | ₹71 | 86.04× | +26.8% | ||
Ashutosh Fibre IPO
Listed
|
SME | ₹56.0 Cr | ₹92 | 133.74× | +52.2% | ||
| Mainboard | - | - | - | - | - | - | |
Rays of Belief IPO
Listed
|
Mainboard | ₹125.0 Cr | ₹239 | 107.68× | +0.0% |
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.
Mefcom Capital Markets Limited has managed 6 IPOs tracked on IPORise, including 5 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.