About JM Financial Limited

  • Incorporation Year
  • 1986
  • Registration No
  • INM000010361
  • City
  • Mumbai

IPO Performance

IPO Track Record

IPO Listing Date Issue Size (₹ Cr) Subscription (x) IPO Price ₹ Listing Gain
Asset Reconstruction Company (India) Limited 2026-09-17 733 20.10 139 139.00(0.00%)
Orient Cables (India) Limited 2026-10-05 552 92.27 272 450.00(65.44%)
Elevate Campuses Limited 2026-09-30 2100 1.79 362 355.10(-1.91%)
Varmora Granito Limited 2026-09-29 708 1.58 148 155.00(4.73%)
Karamtara Engineering Limited 2026-09-17 875 62.63 254 320.00(25.98%)
Lumino Industries Limited 2026-09-03 700 118.12 82 110.00(34.15%)
Tempsens Instruments (India) Limited 2026-08-28 650 184.07 300 634.00(111.33%)
Symbiotec Pharmalab Limited 2026-09-01 1757 71.26 988 988.00(-1.00%)
Augmont Enterprises Limited 2026-08-31 825 105.78 788 961.00(21.95%)
SBI Funds Management Limited 2026-07-21 11693 41.66 574 613.00(6.79%)
Gaja Alternative Asset Management Limited 2026-08-26 550 31.33 160 185.00(15.63%)
Horizon Industrial Parks Limited 2026-08-24 2600 1.45 60 60.00(0.00%)
LEAP India Limited 2026-08-14 2480 8.38 159 13.00(-91.82%)
Shiprocket Limited 2026-08-19 1617 99.38 97 131.00(35.05%)
National Stock Exchange of India Limited 2026-09-24 22562 5.71 1785 1,800.00(0.84%)
Milky Mist Dairy Food Limited 2026-08-18 1553 56.12 140 165.00(17.86%)
Juniper Green Energy Limited 2026-08-06 1800 7.97 225 245.00(8.89%)

Year Wise IPO Listing

IPOs by Subscription

Less than 1x 0 (0%)
1x - 3x 3 (17.65%)
3x - 5x 0 (0%)
5x - 10x 3 (17.65%)
More than 10x 11 (64.71%)

IPOs by IPO Size

Less than ₹100 Cr 0 (0%)
₹100 - ₹250 Cr 0 (0%)
₹250 - ₹500 Cr 0 (0%)
₹500 - ₹1,000 Cr 8 (47.06%)
Above ₹1,000 Cr 9 (52.94%)

Upcoming IPOs of JM Financial Limited

Why is the Merchant Banker Important in an IPO?

A merchant banker plays a very important role in IPO as it:

  • Ensures the IPO follows all legal and regulatory rules, so investors get correct and transparent information.
  • Helps decide the right IPO price based on the company’s financials and market conditions.
  • Reviews the company’s business, risks, and financial health before offering shares to the public.
  • Connects the company with investors and creates demand for the IPO in the market.
  • Manages the entire IPO process, from draft papers to allotment and listing.
IPO

Frequently Asked Questions

JM Financial Limited, as a lead manager, is a SEBI-registered merchant banker appointed by a company to plan, manage, and execute its IPO. They are responsible for ensuring the IPO follows all regulations and reaches investors smoothly.

The Lead Manager, like JM Financial Limited, plays a key role in an IPO by structuring the issue, ensuring SEBI compliance, marketing the IPO to investors, and managing the entire process from filing to stock market listing. In India, an IPO cannot be launched without appointing a SEBI-registered Lead Manager, like JM Financial Limited.

JM Financial Limited , as the Lead Manager, is responsible for preparing the IPO prospectus (DRHP and RHP), conducting due diligence on the company, assisting in deciding the price band, and marketing the IPO to both institutional and retail investors. It also oversees the subscription process, share allotment, and final listing on the stock exchange.

JM Financial Limited as a lead manager, only recommends the price band after analysing the company’s financials, industry valuations, and market conditions. The final decision is taken jointly with the company.

The Lead Manager ensures accurate and transparent disclosures, clear communication of risks to investors, and full compliance with SEBI regulations. Here, JM Financial Limited, as the lead manager, also helps maintain a fair and orderly IPO process and is legally accountable for any misleading or incorrect information provided in the offer documents.

Yes. Mainboard IPOs often appoint multiple Lead Managers due to large issue sizes. SME IPOs appoint one Lead Manager.

A Book Running Lead Manager (BRLM) is the main Lead Manager who oversees the book-building process, collects bids from investors, and plays a crucial role in price discovery and share allocation during the IPO.

A reputed Lead Manager can improve investor confidence, attract institutional participation, and signal better due diligence. However, it does not guarantee listing gains or returns.

The Lead Manager’s name is disclosed in the IPO Prospectus (DRHP/RHP) and advertisements, BSE and NSE websites. For example, here the JM Financial Limited acts as a lead manager, and you can check its details above.

No. After listing, the share price depends on Market demand and supply, Company performance and Overall market conditions. The Lead Manager’s role largely ends after listing.

Both play different but equally important roles. The Lead Manager manages and markets the IPO, pricing, and compliance, while the Registrar processes applications, allotment, refunds, and investor records.

No. A Lead Manager ensures a smooth and transparent IPO process, but listing gains depend on valuation, demand, and market sentiment.

Yes. In SME IPOs, the Lead Manager often also coordinates market making, which helps improve liquidity after listing. However, the choice of lead manager can be decided by the company.

Retail investors may look at the Number of IPOs handled, Experience in Mainboard or SME IPOs and Overall track record of the lead manager. This helps retail investors to assess credibility, not profitability.
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