Lead Manager Performance - By No. of Mainboard & SME IPOs managed: 2025

Book Running Lead Managers (BRLMs), also referred to as Lead Managers, are SEBI-registered merchant bankers appointed by the issuer company to assist in raising funds through an IPO. They play a critical role in managing and ensuring the success of the issuance process.

The responsibilities of Lead Managers include:

• Structuring the issue.
• Ensuring regulatory compliance and documentation.
• Conducting due diligence.
• Appointment of intermediaries (Registrars, Legal Advisors, Advertising Agencies, Printers, etc.).
• Marketing and promotion of the issue.
• Pricing and allotment of shares.
• Post-issue SEBI compliance.

Given below is the list of Lead Managers ranked by the number of IPOs IPOs managed in 2025, along with a summary of their listing performance.

Click on a Lead Manager' s name to view the detailed list of IPOs managed by them.