TNA Solutions IPO GMP Today ₹70 ▲ ₹10 (14.3%) Acme India Industries IPO GMP Today ₹196 ▲ ₹30 (15.3%) Jio Platforms IPO GMP Today ▲ ₹146 Nityas Gems & Jewellery IPO GMP Today ₹75 ▲ ₹1 (1.3%) Vishal Nirmiti IPO GMP Today ₹220 ▲ ₹5 (2.3%) Black Opal Consultants IPO GMP Today ₹197 ▲ ₹100 (50.8%) EverestIMS Technologies IPO GMP Today ₹85 ▲ ₹42 (49.4%) Vans Electroengineerings IPO GMP Today ₹118 ▲ ₹70 (59.3%) SRIT India IPO GMP Today ₹130 ▲ ₹51 (39.2%) Shah Investor's Home IPO GMP Today ₹167 ▲ ₹15 (9%) Acme Universal Safezone 9 IPO GMP Today ₹71 ▲ ₹12 (16.9%) Shivchem Agro IPO GMP Today ₹62 ▲ ₹2 (2.4%) TNA Solutions IPO GMP Today ₹70 ▲ ₹10 (14.3%) Acme India Industries IPO GMP Today ₹196 ▲ ₹30 (15.3%) Jio Platforms IPO GMP Today ▲ ₹146 Nityas Gems & Jewellery IPO GMP Today ₹75 ▲ ₹1 (1.3%) Vishal Nirmiti IPO GMP Today ₹220 ▲ ₹5 (2.3%) Black Opal Consultants IPO GMP Today ₹197 ▲ ₹100 (50.8%) EverestIMS Technologies IPO GMP Today ₹85 ▲ ₹42 (49.4%) Vans Electroengineerings IPO GMP Today ₹118 ▲ ₹70 (59.3%) SRIT India IPO GMP Today ₹130 ▲ ₹51 (39.2%) Shah Investor's Home IPO GMP Today ₹167 ▲ ₹15 (9%) Acme Universal Safezone 9 IPO GMP Today ₹71 ▲ ₹12 (16.9%) Shivchem Agro IPO GMP Today ₹62 ▲ ₹2 (2.4%)
SMC Capitals Ltd logo

SMC Capitals Ltd

Lead Manager 3 IPOs Managed Avg Listing +7.2%

SEBI Registered Merchant Banker  ·  Mainboard: 2  ·  SME: 1

3

Total IPOs Managed

+7.2%

Avg Listing Gain

2

Mainboard IPOs

1

SME IPOs

About SMC Capitals Ltd

Incorporated in 1994, SMC Capitals Limited operates as the elite Investment Banking and corporate advisory arm of the well-diversified financial services giant, SMC Group. As a prominent, SEBI-registered Category I Merchant Banker, the firm delivers results-oriented solutions spanning public issue management (IPOs), mergers and acquisitions (M&A), private equity routing, debt syndication, and structural valuations. Backed by an extensive pan-India distribution network, the investment bank combines research-driven local connectivity with global advisory frameworks. By managing mid-market and SME initial public offerings with precision execution, SMC Capitals serves as a trusted capital-raising partner accelerating corporate growth across India's premier industrial corridors.

 

Corporate Contact Details

Registered Office: 11/6B, First Floor, Shanti Chambers, Pusa Road, New Delhi – 110005, India.

Corporate Head Office: A-401/402, Lotus Corporate Park, Jai Coach Junction, Off Western Express Highway, Goregaon (East), Mumbai – 400063, India.

Telephone Number: +91-22-66481818 / +91-22-66481805.

Official Website: www.smccapitals.com.

Primary Email: [email protected].

IPOs Managed by SMC Capitals Ltd (3 total)

IPO Segment Open Date Issue Size Issue Price Subscription Listing Gain Listing Date
Mainboard ₹220.5 Cr ₹294 103.07× +10.5%
Mainboard - - - - - -
SME ₹46.0 Cr ₹101 2.47× +3.9%

What Does a Lead Manager Do in an IPO?

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.

Frequently Asked Questions

What is the role of a lead manager in an IPO?

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.

How many IPOs has SMC Capitals Ltd managed?

SMC Capitals Ltd has managed 3 IPOs tracked on IPORise, including 2 Mainboard and 1 SME IPOs. You can view the complete list, subscription data, and listing performance in the table above.

Is a high-subscription IPO always a sign of a good lead manager?

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.

How can I check the SEBI registration of a merchant banker?

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.