Search IPOs
SEBI Registered Merchant Banker · Mainboard: 1 · SME: 7
8
Total IPOs Managed
+7.1%
Avg Listing Gain
1
Mainboard IPOs
7
SME IPOs
Seren Capital is a Mumbai-based merchant banking firm that has hit the ground running since its entry into the market in late 2023. While they are a newer name on the scene, they were founded by a team of seasoned Chartered Accountants who spent years at top-tier global consultancy firms. This blend of "big firm" experience and a nimble, boutique approach allows them to act as a strategic guide for small and medium enterprises (SMEs) that are ready to professionalize and scale.
The firm is particularly active in the SME IPO space, helping family-run businesses and startups navigate the path to listing on the NSE Emerge and BSE SME platforms. They don't just treat an IPO as a transaction; they focus on "hand-holding" founders through the entire process—from business valuations and private placements to corporate restructuring. Their goal is to turn ambitious private companies into transparent, publicly traded entities that are built for long-term growth.
Contact Information
Main Office: Office No. 601 to 605, Raylon Arcade, Kondivita Road, J.B. Nagar, Andheri (East), Mumbai — 400059
Phone: +91-22-4601 1058
Email: [email protected]
Website: www.serencapital.in
SEBI Registration No: INM000013233
| IPO | Segment | Open Date | Issue Size | Issue Price | Subscription | Listing Gain | Listing Date |
|---|---|---|---|---|---|---|---|
Shreeji Shipping Global IPO
Listed
|
Mainboard | ₹410.7 Cr | ₹252 | 58.10× | +7.1% | ||
Roopa Screen IPO
Listed
|
SME | ₹19.0 Cr | ₹64 | 271.94× | - | ||
G.V. Electricals IPO
Listed
|
SME | ₹42.0 Cr | ₹130 | 114.34× | - | ||
Avi Lifestyles IPO
Soon
|
SME | - | - | - | - | - | - |
Susan Electricals India IPO
Listed
|
SME | ₹70.0 Cr | ₹127 | 216.63× | - | ||
Rajnandini Fashion India IPO
Listed
|
SME | ₹18.0 Cr | ₹63 | 203.67× | - | ||
Recode Studios IPO
Listed
|
SME | ₹45.0 Cr | ₹158 | 234.56× | - | ||
Msafe Equipments IPO
Listed
|
SME | ₹66.0 Cr | ₹123 | 166.72× | - |
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.
Seren Capital Pvt.Ltd. has managed 8 IPOs tracked on IPORise, including 1 Mainboard and 7 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.