JP Morgan India Pvt.Ltd.
IPOs where JP Morgan India Pvt.Ltd. acted as a book-running lead manager, with each issue’s size and listing outcome.
Track record on ipostation
ipostation's database lists JP Morgan India Pvt.Ltd. as a book-running lead manager on 6 IPOs: all of them mainboard issues. Bidding dates recorded here run from Jul 2026 to Oct 2026, and 3 issues have no bidding date recorded yet. Of these, 2 have listed, 1 is between scheduling and listing and 3 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 4 of the 6 IPOs. They range from ₹1,800 Cr (AGS Health) to ₹30,213 Cr (Jio Platforms), with a median of ₹15,918.97 Cr. The 2 listed issues with a recorded size total ₹31,837.93 Cr; sizes for issues that have not listed are the amounts stated in their offer documents.
A listing-day change is recorded for 2 listed issues: 2 above the issue price. The median change was +5.9%, from +0.8% (NSE) to +11.0% (Manipal Health Enterprises). These are past listing outcomes and say nothing about how a future issue will list.
Final overall subscription is recorded for both issues whose bidding has closed. The median was 5.42x, ranging from 5.12x (Manipal Health Enterprises) to 5.71x (NSE).
Currently between scheduling and listing: Jio Platforms.
JP Morgan India Pvt.Ltd. has worked alongside 27 other lead managers on these issues. The 5 most frequent, by number of shared issues:
- Axis Capital Ltd. — 5 shared issues
- Kotak Mahindra Capital Co.Ltd. — 5 shared issues
- Citigroup Global Markets India Pvt.Ltd. — 4 shared issues
- Jefferies India Pvt.Ltd. — 4 shared issues
- JM Financial Ltd. — 4 shared issues
IPOs with JP Morgan India Pvt.Ltd. as lead manager
| IPO | Board | Status | Open date | Issue size | Price | Subscription | Listing gain |
|---|---|---|---|---|---|---|---|
| AGS Health | Mainboard | Announced | — | ₹1,800 Cr | — | — | — |
| PhonePe | Mainboard | Announced | — | — | — | — | — |
| Razorpay | Mainboard | Announced | — | — | — | — | — |
| Jio Platforms | Mainboard | Upcoming | 21 Oct 2026 | ₹30,213 Cr | ₹1,119 | — | — |
| NSE | Mainboard | Listed | 17 Sept 2026 | ₹22,562.71 Cr | ₹1,785 | 5.71x | +0.8% |
| Manipal Health Enterprises | Mainboard | Listed | 29 Jul 2026 | ₹9,275.22 Cr | ₹590 | 5.12x | +11.0% |
Subscription is the final overall figure once bidding has closed; listing gain is the listing-day change against the issue price. “—” means not available.
Year by year
| Bidding year | IPOs | Mainboard | SME | Total issue size | Median listing gain |
|---|---|---|---|---|---|
| 2026 | 3 | 3 | 0 | ₹62,050.93 Cr | +5.9% (2 listed) |
| Not yet scheduled | 3 | 3 | 0 | ₹1,800 Cr | — |
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.