A Merchant Banker, also called a Book Running Lead Manager (BRLM), is a financial intermediary who manages the entire IPO process. They guide companies from preparation to listing on the stock exchange.
Merchant bankers, also known as Book Running Lead Managers (BRLMs), play an important role in the IPO process in India. They offer assistance to companies at every step of the IPO journey, from the initial preparation stage to the actual listing stage in the stock market. Their services cover responsibilities such as structuring the IPO, due diligence, pricing documents, preparing and filing documents with the regulatory authorities, while ensuring compliance with SEBI regulations. Essentially acting as the intermediary between the company and the investors, BRLMs facilitate the capital raising process for businesses while navigating through the complexities of regulatory requirements.
| Title | No. of IPOs | Total Fund Raised | Avg IPO Size | Avg Subscription |
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