Lead Manager Performance

Q: Which Lead Managers are handling IPOs in 2026?

Some of the top actively tracking Lead Managers in 2026 include Citigroup Global Markets India Pvt Ltd, ICICI Securities Ltd, Jm Financial Ltd, GYR Capital Advisors Pvt Ltd, Pantomath Capital Advisors Pvt Ltd, Beeline Capital Advisors Pvt Ltd, Holani Consultants Pvt Ltd, Interactive Financial Services Ltd, Kotak Mahindra Capital Company Ltd, Morgan Stanley India Company Pvt Ltd. You can evaluate their positive vs negative listing success percentages on this page.

Q: Why check Lead Manager performance before investing in an IPO?

Lead Managers structure the IPO process and bring institutional investors. Reviewing their track record on listing gains gives insight into the quality of companies they bring to market and the potential post-listing stability.

Managed IPOs Performance 2026

Company Name	Total IPOs	Upcoming	Positive	% Positive	Negative	% Negative	% Avg Gain
Citigroup Global Markets India Pvt Ltd	2	0	1	50%	1	50%	-5.54%
ICICI Securities Ltd	17	1	10	62%	6	38%	19.97%
Jm Financial Ltd	22	3	16	84%	3	16%	14.29%
GYR Capital Advisors Pvt Ltd	1	0	1	100%	0	0%	9.97%
Pantomath Capital Advisors Pvt Ltd	4	0	4	100%	0	0%	11.82%
Beeline Capital Advisors Pvt Ltd	2	1	1	100%	0	0%	6.29%
Holani Consultants Pvt Ltd	2	0	1	50%	1	50%	13.37%
Interactive Financial Services Ltd	1	0	0	0%	1	100%	-34.62%
Kotak Mahindra Capital Company Ltd	11	1	8	80%	2	20%	15.11%
Morgan Stanley India Company Pvt Ltd	4	1	1	33%	2	67%	-3.67%
Bofa Securities India Ltd	3	1	2	100%	0	0%	20.95%
Avendus Capital Pvt Ltd	5	0	4	80%	1	20%	1.36%
Clsa India Pvt Ltd	1	1	0	0%	0	0%	0.00%
Axis Capital Ltd	17	1	12	75%	4	25%	12.58%
Khandwala Securities Ltd	1	1	0	0%	0	0%	0.00%
JP Morgan India Pvt Ltd	3	0	2	67%	1	33%	0.84%
Equirus Capital Pvt Ltd	7	0	6	86%	1	14%	12.64%
Goldman Sachs (India) Securities Pvt Ltd	4	1	1	33%	2	67%	-1.36%
SBI Capital Markets Ltd	8	1	5	71%	2	29%	12.10%
Intensive Fiscal Services Pvt Ltd	2	0	1	50%	1	50%	3.12%
Pl Capital Markets Pvt Ltd	1	1	0	0%	0	0%	0.00%
Share India Capital Services Pvt Ltd	1	0	1	100%	0	0%	7.09%
Pnb Investment Services Ltd	2	0	1	50%	1	50%	14.33%
Aryaman Financial Services Ltd	1	0	1	100%	0	0%	11.08%
Saffron Capital Advisors Pvt Ltd	1	1	0	0%	0	0%	0.00%
Motilal Oswal Investment Advisors Ltd	16	0	13	81%	3	19%	12.34%
Nuvama Wealth Management Ltd	7	0	5	71%	2	29%	4.62%
BOB Capital Markets Ltd	1	0	0	0%	1	100%	-8.83%
Srujan Alpha Capital Advisors LLP	1	1	0	0%	0	0%	0.00%
Cumulative Capital Pvt Ltd	2	0	2	100%	0	0%	8.61%
HSBC Securities & Capital Markets Pvt Ltd	5	0	4	80%	1	20%	3.77%
Nomura Financial Advisory & Securities (India) Pvt Ltd	3	0	2	67%	1	33%	9.65%
Jefferies India Pvt Ltd	6	1	4	80%	1	20%	13.06%
Dam Capital Advisors Ltd	5	0	3	60%	2	40%	16.63%
HDFC Bank Ltd	2	0	2	100%	0	0%	22.59%
IDBI Capital Markets Services Ltd	6	0	4	67%	2	33%	15.52%
Khambatta Securities Ltd	2	1	1	100%	0	0%	33.96%
BNP Paribas	1	0	0	0%	1	100%	-8.83%
Sundae Capital Advisors	1	0	1	100%	0	0%	22.35%
Smart Horizon Capital Advisors Pvt Ltd	2	0	1	50%	1	50%	4.11%
Sarthi Capital Advisors Pvt Ltd	2	0	2	100%	0	0%	17.05%
New Berry Capitals Pvt Ltd	1	0	1	100%	0	0%	41.51%
Arihant Capital Markets Ltd	1	0	1	100%	0	0%	2.04%
Nirbhay Capital Services Pvt Ltd	1	0	1	100%	0	0%	0.00%
Choice Capital Advisors Pvt Ltd	3	2	1	100%	0	0%	3.34%
Monarch Networth Capital Ltd	1	0	1	100%	0	0%	34.15%
IIFL Capital Services Ltd	22	4	14	78%	4	22%	7.94%
Systematix Corporate Services Ltd	5	2	3	100%	0	0%	50.07%
Ubs Securities India Pvt Ltd	2	0	2	100%	0	0%	7.42%
Mefcom Capital Markets Ltd	3	0	2	67%	1	33%	-4.09%
Centrum Capital Ltd	3	0	2	67%	1	33%	9.49%
Keynote Financial Services Ltd	2	0	1	50%	1	50%	-2.83%
Emkay Global Financial Services Ltd	6	1	3	60%	2	40%	23.93%
Shannon Advisors Pvt Ltd	1	0	0	0%	1	100%	-10.14%
Dolat Finserv Pvt Ltd	1	0	0	0%	1	100%	-10.14%
360 ONE WAM Ltd	3	0	3	100%	0	0%	13.01%
Anand Rathi Advisors Ltd	3	0	3	100%	0	0%	26.62%
BOI Merchant Bankers Ltd	1	0	0	0%	1	100%	-4.41%
Catalyst Capital Partners Pvt Ltd	1	0	1	100%	0	0%	7.22%
D&A Financial Services Pvt Ltd	1	0	1	100%	0	0%	0.00%
Valmiki Leela Capital Private Ltd	1	0	1	100%	0	0%	24.86%
DBS Bank India Ltd	1	0	1	100%	0	0%	10.51%

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