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%)
Unistone Capital Private Limited logo

Unistone Capital Private Limited

Lead Manager 7 IPOs Managed Avg Listing -5.6%

SEBI Registered Merchant Banker  ·  Mainboard: 6  ·  SME: 1

7

Total IPOs Managed

-5.6%

Avg Listing Gain

6

Mainboard IPOs

1

SME IPOs

About Unistone Capital Private Limited

Based out of Mumbai, Unistone is a SEBI-registered Category-I Merchant Banker (Registration No. INM000012449). The firm was started by Mr. Ravindra Savant and Mr. Brijesh Parekh, who took over the merchant banking license of CKP Financial Services — bringing an established regulatory foundation with them from day one rather than building from scratch.

Their focus is straightforward: help promoter-led businesses, entrepreneurs, and family offices raise capital and execute transactions. They've advised clients across IPOs, FPOs, Rights Issues, QIPs, PIPE deals, and VC funding rounds, working across sectors ranging from manufacturing and infrastructure to healthcare, logistics, and financial services.

What we found appealing about Unistone is that they don't operate like a large institutional bank where your transaction gets handed off down the chain. Their team stays involved through the full lifecycle of a deal. That kind of continuity matters — especially during an IPO process, where timelines shift and decisions need to be made quickly.

The firm was incorporated in September 2019 and is registered with the Registrar of Companies, Mumbai. Its current leadership includes Brijesh Jitendra Parekh, Jitendra Rasiklal Sanghavi, and Abhishek Mishra.

Get in Touch

Registered Office: 305, A Wing, Dynasty Business Park, Andheri Kurla Road, Andheri East, Mumbai, Maharashtra – 400059

Operating Office: 12, Floor No. 2, Shashank CHS Ltd., Manmala Tank Road, Near Starcity Cinema, Mahim, Mumbai – 400016

Phone: 022-2430-6977 Email: [email protected] Website: unistonecapital.com CIN: U65999MH2019PTC330850

IPOs Managed by Unistone Capital Private Limited (7 total)

IPO Segment Open Date Issue Size Issue Price Subscription Listing Gain Listing Date
Mainboard ₹819.2 Cr ₹219 1.59× +2.7%
Mainboard ₹230.3 Cr ₹191 2.03× +0.5%
SME ₹29.0 Cr ₹69 1.60× -20.0%
Mainboard - - - - - -
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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 Unistone Capital Private Limited managed?

Unistone Capital Private Limited has managed 7 IPOs tracked on IPORise, including 6 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.