	2024	2025

Lead Managers Performance - Mainboard & SME IPOs Managed : 2024

Company Name	Total IPOs	Positive Listing	% Of Positive Listing	Negative Listing	% Of Negative Listing	% Average Gain On Listing
Citigroup Global Markets India Private Limited	3	2	67	1	33	13.15
ICICI Securities Limited	11	8	73	3	27	14.72
Axis Bank Limited	2	1	50	1	50	12.78
Jm Financial Limited	6	4	67	2	33	28.74
GYR Capital Advisors Private Limited	5	5	100	0	0	75.28
Swastika Investmart Ltd	2	2	100	0	0	8.02
Beeline Capital Advisors Pvt Ltd	7	7	100	0	0	59.73
Holani Consultants Private Limited	1	1	100	0	0	118.18
Interactive Financial Services Ltd	1	1	100	0	0	6.78
Kotak Mahindra Capital Company Limited	10	7	70	3	30	19.79
Morgan Stanley India Company Pvt Ltd	6	5	83	1	17	13.53
Bofa Securities India Limited	2	2	100	0	0	60.99
Unistone Capital Pvt Ltd	5	4	80	1	20	13.59
Hem Securities Limited	11	11	100	0	0	39.02
Fedex Securities Pvt Ltd	2	1	50	1	50	2.32
Narnolia Financial Services Ltd	4	2	50	2	50	7.55
Axis Capital Limited	7	7	100	0	0	37.52
Horizon Management Private Limited	4	3	75	1	25	5.40
Khandwala Securities Limited	5	3	60	2	40	-4.75
Gretex Corporate Services Limited	2	1	50	1	50	-5.88
Swaraj shares and securities private limited	1	1	100	0	0	40.68
JP Morgan India Pvt.Ltd.	5	4	80	1	20	20.17
Equirus Capital Private Limited	5	4	80	1	20	28.95
Inventure Merchant Banker Services Pvt Ltd	2	0	0	2	100	-15.67
Goldman Sachs (India) Securities Private Limited	1	1	100	0	0	114.29
SBI Capital Markets Limited	8	5	62	3	38	31.77
Intensive Fiscal Services Private Limited	2	2	100	0	0	51.50
Share India Capital Services Private Limited	2	2	100	0	0	90.00
Corpwis Advisors Private Limited	2	1	50	1	50	-2.43
Pnb Investment Services Ltd	1	1	100	0	0	8.43
Aryaman Financial Services Limited	2	2	100	0	0	17.32
Saffron Capital Advisors Private Limited	1	1	100	0	0	0.88
Motilal Oswal Investment Advisors Limited	4	3	75	1	25	20.80
Nuvama Wealth Management Limited	8	4	50	4	50	17.39
BOB Capital Markets Limited	1	1	100	0	0	72.92
Fast Track Finsec Pvt Ltd	1	1	100	0	0	16.67
Expert Global Consultants Private Limited	3	3	100	0	0	71.60
Unicon Capital Services Private Ltd	1	1	100	0	0	7.41
Srujan Alpha Capital Advisors Llp	3	3	100	0	0	17.50
Cumulative Capital Private Limited	2	2	100	0	0	31.25
Shreni Shares Limited	2	2	100	0	0	24.82
SKI Capital Services Limited	1	1	100	0	0	52.44
Jawa Capital Services Private Limited	2	1	50	1	50	-15.80
3Dimension Capital Services Limited	1	1	100	0	0	9.68
Horizon Financial Pvt Ltd	1	1	100	0	0	36.36
Turnaround Corporate Advisors Private Limited	1	0	0	1	100	-3.75
Vivro Financial Services Private Limited	2	2	100	0	0	66.99
HSBC Securities & Capital Markets Pvt Ltd	2	1	50	1	50	5.01
Nomura Financial Advisory And Securities (India) Pvt Ltd	3	2	67	1	33	39.77
IIFL Capital Services Limited	7	7	100	0	0	31.91