JM Financial Ltd.

ipostation's database lists JM Financial Ltd. as a book-running lead manager on 32 IPOs: all of them mainboard issues. Bidding dates recorded here run from Jun 2026 to Oct 2026, and 8 issues have no bidding date recorded yet. Of these, 20 have listed, 4 are between scheduling and listing and 8 are at the draft-filing (announced) stage. It shared every one of these mandates with at least one other lead manager.

Issue size is recorded for 29 of the 32 IPOs. They range from ₹550 Cr (Gaja Alternative Asset Management) to ₹30,213 Cr (Jio Platforms), with a median of ₹1,553 Cr. The 20 listed issues with a recorded size total ₹58,758.8 Cr; sizes for issues that have not listed are the amounts stated in their offer documents.

A listing-day change is recorded for 20 listed issues: 14 above, 5 below and 1 level with the issue price. The median change was +5.3%, from -10.4% (Turtlemint Fintech Solutions) to +110.4% (Tempsens Instruments (India)). These are past listing outcomes and say nothing about how a future issue will list.

Final overall subscription is recorded for all 20 issues whose bidding has closed. The median was 26.54x, ranging from 1.24x (Turtlemint Fintech Solutions) to 184.22x (Tempsens Instruments (India)).

Currently between scheduling and listing: Jio Platforms, Paras Healthcare, Tonbo Imaging India and Zetwerk.

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.