SEBI Registered Merchant Banker · Mainboard: 3
3
Total IPOs Managed
+0.0%
Avg Listing Gain
3
Mainboard IPOs
-
SME IPOs
Set up in 2007 by K. Srinivas, Saffron Capital is a Mumbai-based SEBI registered Category I Merchant Banker. It's not a bulge-bracket firm — it's a focused boutique that works mainly with small and mid-size companies on capital market transactions.
The work spans IPOs, buybacks, open offers, M&A, private equity, valuations, and restructuring. K. Srinivas himself brings over 25 years of capital markets experience, and the team behind him is largely CAs and MBAs with real execution backgrounds.
For the Vishal Nirmiti IPO, Saffron is the Book Running Lead Manager — managing everything from SEBI filings to investor communication and deal execution.
Registered Office:
605, 6th Floor, Centre Point, Andheri Kurla Road,
J.B. Nagar, Andheri (East), Mumbai – 400059
Corporate Office:
304, A Wing, 215 Atrium, Andheri Kurla Road,
Chakala, Andheri East, Mumbai – 400093
Phone: +91 22 4082 0910
Website: www.saffronadvisor.com
| IPO | Segment | Open Date | Issue Size | Issue Price | Subscription | Listing Gain | Listing Date |
|---|---|---|---|---|---|---|---|
ArMee Infotech IPO
Listed
|
Mainboard | ₹300.0 Cr | ₹375 | 2.62× | +0.0% | ||
| Mainboard | - | - | - | - | - | - | |
Vishal Nirmiti IPO
Closed
|
Mainboard | ₹178.0 Cr | ₹220 | 1.45× | - |
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.
Saffron Capital Advisors Pvt.Ltd has managed 3 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.