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%)
Turnaround Corporate Advisors Pvt.Ltd. logo

Turnaround Corporate Advisors Pvt.Ltd.

Lead Manager 1 IPOs Managed

SEBI Registered Merchant Banker  ·  SME: 1

1

Total IPOs Managed

-

Avg Listing Gain

-

Mainboard IPOs

1

SME IPOs

About Turnaround Corporate Advisors Pvt.Ltd.

Founded by capital market veteran Mr. Heemadri Mukerjea, New Delhi-headquartered Turnaround Corporate Advisors Private Limited (TCA) is a SEBI-registered Category-I Merchant Banker. The firm specializes in delivering end-to-end investment banking and corporate advisory solutions tailored for growing enterprises and mid-market companies.

TCA’s primary service domain spans complete public issue management (SME and Mainboard IPOs), corporate restructuring, rights issues, open offers, share buybacks, direct listings, and complex regulatory valuations. Backed by an experienced team of legal, legal-tech, and capital market professionals, Turnaround Corporate Advisors acts as a trusted lead manager—helping unlisted companies structure issues, navigate SEBI/exchange compliance, and execute seamless public market debuts across Indian stock exchanges.

Corporate & Registered Office

Address: 614, Vishwadeep Building, Plot No. 4, District Centre, Janakpuri, New Delhi – 110058, India.
Telephone: +91-11-45510390
General Email: [email protected]
Investor Grievance Email: [email protected]
Official Website: www.tcagroup.in

IPOs Managed by Turnaround Corporate Advisors Pvt.Ltd. (1 total)

IPO Segment Open Date Issue Size Issue Price Subscription Listing Gain Listing Date
SME ₹24.0 Cr ₹105 28.47× -

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 Turnaround Corporate Advisors Pvt.Ltd. managed?

Turnaround Corporate Advisors Pvt.Ltd. has managed 1 IPO tracked on IPORise. 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.