Lead Managers - By No. of Mainboard IPOs Managed: 2025

Merchant Bankers, also known as Lead Manager or Book Running Lead Managers (BRLMs), are SEBI-registered merchant bankers appointed by companies to manage their Initial Public Offerings (IPOs). They play a vital role in guiding the issuer through the fund-raising process and ensuring the smooth execution of the IPO.

Their responsibilities cover the entire lifecycle of the issue, including:

• Designing and structuring the IPO
• Ensuring regulatory compliance and documentation
• Conducting due diligence on the company
• Coordinating with intermediaries such as Registrars, Legal Advisors, Advertising Agencies, and Printers
• Handling marketing and roadshows to attract investors
• Assisting in pricing and share allotment
• Managing post-issue reporting and compliance with SEBI

Below is a compiled list of Lead Managers, showing the number of Mainboard IPOs they have handled and the total funds mobilized since 2007. Click on a Lead Manager’s name to view the detailed IPOs managed by them.