Who is SME lead manager?

SME lead manager, also known as the book running lead manager (BRLM), is a SEBI registered merchant banker that specialises in managing SME IPOs.

SME merchant banker is a key intermediary in the entire IPO process who is involved from the pre IPO to post IPO phase. The SME merchant banker is responsible for various important tasks like IPO planning, appointment of various other intermediaries, IPO valuation, strategic placement of IPO in market, listing formalities, post-listing disclosure and reporting requirements.