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SEBI Registered Merchant Banker · SME: 2
2
Total IPOs Managed
-
Avg Listing Gain
-
Mainboard IPOs
2
SME IPOs
Sun Capital Advisory Services is a Mumbai-based merchant banking firm that has been quietly making its mark since 2006. As a SEBI-registered Category-I Merchant Banker, they don't just act as consultants; they position themselves as "growth catalysts" for mid-sized companies and startups alike. They are particularly active in the high-stakes world of open offers, buybacks, and SME listings, where they help business owners bridge the gap between private success and public markets.
The firm is led by a heavy-hitting team, including former banking chairmen and seasoned Chartered Accountants who bring over 300 years of combined experience to the table. Beyond just IPOs, they are experts in "Financial Engineering"—helping businesses with everything from debt syndication and real estate advisory to restructuring and private equity. Their approach is very much about "hand-holding," guiding entrepreneurs through the complex maze of SEBI regulations with a level of personal involvement that’s rare in big-city investment banking.
Contact Information
Main Office: 302, Kumar Plaza, 3rd Floor, Kalina-Kurla Road, Near Kalina Market, Santacruz (East), Mumbai — 400029
Phone: +91-22-6178 6000 / +91-22-6178 6001
Email: [email protected] / [email protected]
Website: www.suncapitalservices.co.in
SEBI Registration No: INM000012591
| IPO | Segment | Open Date | Issue Size | Issue Price | Subscription | Listing Gain | Listing Date |
|---|---|---|---|---|---|---|---|
Advance Technoforge IPO
Listed
|
SME | ₹24.0 Cr | ₹95 | 1.93× | - | ||
Kanishk Aluminium India IPO
Listed
|
SME | ₹29.0 Cr | ₹73 | 1.04× | - |
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.
Sun Capital Advisory Services Pvt.Ltd. has managed 2 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.