“IPO Service From Education To Execution”
Marwadi Chandarana Intermediaries Brokers Private Limited Logo

Marwadi Chandarana Intermediaries Brokers Private Limited

Marwadi Chandarana Intermediaries Brokers Private Limited (MCIBPL), a Gujarat-based merchant banker established in 2018, is a joint venture between Marwadi Shares & Finance Ltd and Chandarana Intermediaries Brokers, offering IPO management, equity and debt syndication, corporate advisory and trading across securities, commodities and currencies.

SME IPOs

Total listings managed

4

Year-wise SME IPO Listing

Year No. of IPOs
FY26 2
FY25 2
FY24 0
FY23 0
FY22 0
FY21 0

SME IPOs listing on Exchange

NSE Emerge
2 (50%)
BSE SME
2 (50%)

SME IPOs by Subscription

1 (25%)
Subscribed upto 5 times
0 (0%)
Subscribed 5 to 25 times
0 (0%)
Subscribed 25 to 50 times
0 (0%)
Subscribed 50 to 100 times
3 (75%)
Subscribed more than 100 times

SME IPOs by IPO Size

Very Small (< 5 Cr) 0 (0%)
Small (5-10 Cr) 1 (25%)
Medium (10-25 Cr) 0 (0%)
Large (25-50 Cr) 2 (50%)
Very Large (>50 Cr) 1 (25%)

Upcoming SME IPOs

Frequently Asked Questions

Marwadi Chandarana is a leading financial services group offering merchant banking, IPO management, equity and derivatives trading, advisory and proprietary trading services.
Provides hands-on support, customized financial solutions, transparency and prioritizes long-term business interests of clients.
One of India’s fastest-growing private sector financial services companies with daily volumes exceeding Rs. 400+ crores.
Manages SME IPOs on BSE SME and NSE Emerge, including notable listings like Sampat Aluminium Limited.