Corporate Makers Capital Ltd.
IPOs where Corporate Makers Capital Ltd. acted as a book-running lead manager, with each issue’s size and listing outcome.
Track record on ipostation
ipostation's database lists Corporate Makers Capital Ltd. as a book-running lead manager on 8 IPOs: all of them SME issues. Bidding dates recorded here run from May 2026 to Sept 2026. Of these, 8 have listed. It was the sole lead manager on 7 of the 8 and shared the mandate with other merchant bankers on the rest.
Issue size is recorded for all 8 IPOs. They range from ₹25.91 Cr (Aureate Tradde) to ₹52.63 Cr (Fly-Hi Maritime), with a median of ₹32.57 Cr. The 8 listed issues with a recorded size total ₹276.34 Cr; sizes for issues that have not listed are the amounts stated in their offer documents.
A listing-day change is recorded for 8 listed issues: 2 above, 3 below and 3 level with the issue price. The median change was +0.0%, from -20.0% (Fly-Hi Maritime) to +13.2% (Shree TNB Polymers). These are past listing outcomes and say nothing about how a future issue will list.
Final overall subscription is recorded for all 8 issues whose bidding has closed. The median was 1.71x, ranging from 0.93x (Jivial Industries) to 13.11x (ENS Enterprises).
Corporate Makers Capital Ltd. has worked alongside 1 other lead manager on these issues. The co-manager, with the number of shared issues:
- Navigant Corporate Advisors Ltd. — 1 shared issue
IPOs with Corporate Makers Capital Ltd. as lead manager
| IPO | Board | Status | Open date | Issue size | Price | Subscription | Listing gain |
|---|---|---|---|---|---|---|---|
| Shree TNB Polymers | SME | Listed | 28 Sept 2026 | ₹31.8 Cr | ₹53 | 1.98x | +13.2% |
| Apana Logistics | SME | Listed | 7 Sept 2026 | ₹34.14 Cr | ₹60 | 1.26x | +0.0% |
| Fly-Hi Maritime | SME | Listed | 1 Sept 2026 | ₹52.63 Cr | ₹102 | 2.12x | -20.0% |
| ENS Enterprises | SME | Listed | 14 Aug 2026 | ₹33.14 Cr | ₹92 | 13.11x | +4.3% |
| Q&T Foods | SME | Listed | 12 Aug 2026 | ₹26.25 Cr | ₹115 | 1.42x | +0.0% |
| Sham Foam | SME | Listed | 11 Aug 2026 | ₹40.48 Cr | ₹130 | 2.4x | -20.0% |
| Jivial Industries | SME | Listed | 23 Jun 2026 | ₹31.99 Cr | ₹196 | 0.93x | -20.0% |
| Aureate Tradde | SME | Listed | 29 May 2026 | ₹25.91 Cr | ₹70 | 1.43x | +0.0% |
Subscription is the final overall figure once bidding has closed; listing gain is the listing-day change against the issue price. “—” means not available.
What a book-running lead manager does
Under Regulation 23 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, an issuer must appoint one or more SEBI-registered merchant bankers, at least one of whom is a lead manager to the issue. When more than one merchant banker manages an issue, each one’s responsibilities for disclosures, allotment, refunds and underwriting are fixed in advance and set out in the draft offer document and the offer document. For SME issues, Chapter IX of the same regulations adds underwriting (Regulation 260) and post-listing market-making (Regulation 261) obligations that the lead manager must arrange.