Mefcom Capital Markets Ltd.
IPOs where Mefcom Capital Markets Ltd. acted as a book-running lead manager, with each issue’s size and listing outcome.
Track record on ipostation
ipostation's database lists Mefcom Capital Markets Ltd. as a book-running lead manager on 4 IPOs: 3 mainboard issues and 1 SME issue. Bidding dates recorded here run from Aug 2026 to Sept 2026. Of these, 4 have listed. Mefcom Capital Markets Ltd. was the only lead manager named on every one of them.
Issue size is recorded for all 4 IPOs. They range from ₹56.35 Cr (Ashutosh Fibre) to ₹175.06 Cr (Annu Projects), with a median of ₹108.25 Cr. The 4 listed issues with a recorded size total ₹447.91 Cr; sizes for issues that have not listed are the amounts stated in their offer documents.
A listing-day change is recorded for 4 listed issues: 2 above, 1 below and 1 level with the issue price. The median change was +6.3%, from -24.2% (Annu Projects) to +52.2% (Ashutosh Fibre). These are past listing outcomes and say nothing about how a future issue will list.
Final overall subscription is recorded for all 4 issues whose bidding has closed. The median was 104.08x, ranging from 2.93x (Annu Projects) to 144.65x (Ashutosh Fibre).
IPOs with Mefcom Capital Markets Ltd. as lead manager
| IPO | Board | Status | Open date | Issue size | Price | Subscription | Listing gain |
|---|---|---|---|---|---|---|---|
| Rays of Belief | Mainboard | Listed | 1 Sept 2026 | ₹125 Cr | ₹239 | 107.71x | +0.0% |
| Ashutosh Fibre | SME | Listed | 31 Aug 2026 | ₹56.35 Cr | ₹92 | 144.65x | +52.2% |
| Priority Jewels | Mainboard | Listed | 28 Aug 2026 | ₹91.5 Cr | ₹200 | 100.45x | +12.6% |
| Annu Projects | Mainboard | Listed | 25 Aug 2026 | ₹175.06 Cr | ₹99 | 2.93x | -24.2% |
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.