Investment Banking for Automotive & Mobility
[ 01/04 ] · WHY NOW
Strong Auto Demand Across Segments
PV and CV cycles stay robust while two-wheelers rebound and India’s export engine scales up
PLI Unlocks EV Localisation
PLI Auto and PLI ACC schemes accelerate domestic capability in EV electronics, cells and battery packs
EV Adoption Supported by Infra & Incentives
FAME evolution, higher charging density and storage pilots strengthen the viability of electric mobility
Regulatory Push Drives Model Upgrades
Scrappage policy, CAFE/E20 norms and new safety mandates trigger OEM platform refresh cycles
[ 02/04 ] · OUR FOCUS
What We Focus On
A detailed look at the operational, compliance and analytics levers we evaluate to strengthen your IPO readiness
SOP pipeline, wallet share by OEM, program lifetime value and exposure by platform
Realisations/vehicle, CPV bridge, mix (ICE vs EV, domestic vs export)
RM index clauses, lag analysis and margin resiliency
IATF 16949, APQP, PPAP, AIS, ISO 26262 compliance status and audit hygiene
Capex plan, automation, OEE/takt/yield, warranty trends and field returns
[ 03/04 ] · DELIVERABLES
Our Deliverables
A comprehensive, end-to-end IPO execution stack delivered with precision and consistency
Readiness Score & Fix List
Contracts (SOPs, LTAs, pass-through clauses), certifications (IATF 16949, AIS/CMVR, ISO 26262), related-party hygiene, IND-AS policy clean-up, warranty & recall controls
Data Room & Diligences
Master index, customer nomination letters/RFQs, PPAP/APQP packs, capacity/OEE and capex schedules, auditor comfort/peer review, legal DD with counsel
Offer Documents & Approvals
DRHP drafting and filing, exchange in-principle, SEBI observations closure, RHP/price band & issue structure (QIB/NII/Retail/Anchor), statutory ads
Syndicate & Infrastructure
BRLM/Syndicate formation, registrar & banker to the issue setup, ISIN/corporate actions, escrow/ASBA rails, allocation and allotment mechanics
Pricing & Demand
Indicative pricing bands vs India/global comps (auto ancillaries, EV, battery, electronics), pilot-fishing and anchor education with diligence packs
Listing & Settlement
Basis of allotment, funds flow & share credit, listing day coordination with exchanges, stabilization playbook where permitted
*Timelines are indicative and depend on issuer readiness, audit completion, legal diligence, SEBI observations and market conditions. We do not guarantee pricing or allotment
[ 04/04 ] · FAQs
Answers to Common Questions
Learn about S45's IPO services, process, and what to expect
What is S45?
S45 is an AI-enabled Investment Bank helping Indian companies go public on SME and Main Board. We pair sector bankers with proprietary analytics for readiness, pricing, bookbuilding, listing, and post-IPO investor relations
What exactly do you do?
Three things end to end:
1) Source – eligibility, Demand Thesis (cohort view), teach-ins.
2) Diligence – Readiness Scan, data room, DRHP/RHP with auditors, counsel, and the Lead Manager.
3) List – price-band work, bookbuilding and allocation with Registrar/RTA, listing day and 30/90-day investor relations
Who is your merchant banking partner?
We execute IPOs with Narnolia as Category-I Merchant Banker (Lead Manager). S45 runs AI-led readiness, demand mapping, pricing support, and after-market investor relations
Which sectors do you cover?
Aerospace & Defence, Automotive, Chemicals, Consumer, Energy, Financial Services, Healthcare, Industrials, Technology, Agriculture, Education, and Hospitality. Each has bankers with India-specific operating and regulatory depth
What does the IPO process involve and how long does it take?
Pre-filing readiness → DRHP (SEBI) → RHP → pricing & bookbuilding (or fixed-price where applicable) → allotment with Registrar/RTA (ASBA/UPI) → listing (NSDL/CDSL) → post-IPO IR.
For SME, market maker coordination applies. Main Board is typically 6–12 months from engagement to listing, depending on audit readiness, SEBI observations, and market conditions. SME timelines can be as short as 2–3 months. We map a realistic calendar for your current state
How do you determine pricing and who are the key investor categories?
We build a valuation range using sector comps and cash-flow methods, then refine it with pre-IPO soundings and demand during the bookbuild. We do not guarantee a price or allocation. Indian IPOs allocate to QIBs (institutions), NIIs/HNIs (larger-ticket applicants), and Retail. Anchor investors may participate before the issue opens, per rules.
What are SEBI's core disclosure needs and what if we are not IPO-ready yet?
SEBI requires three years of audited financials, risk factors, related-party transactions, promoter details, use of proceeds, material contracts, and litigation. All SEBI observations must be addressed before the RHP. If you are not ready, we run a Readiness Scan and give a clear plan covering governance, disclosures, board independence, controls, and investor messaging. Many teams work with us 12–18 months before filing.
How does S45 charge and what about investor introductions?
A retainer for readiness and filing work plus milestone-linked fees tied to issue execution. Terms are discussed upfront and documented in the engagement letter. Investor previews are cohort-level only before mandate. Investor identities are shared after NDA or mandate, and outreach is coordinated with the Lead Manager.
Do you coordinate market makers for SME and support post-listing IR??
Yes. For eligible SME issues we shortlist market makers, align obligations, and integrate this into the post-listing liquidity plan. We also set an investor relations calendar, prepare earnings materials, target investors, and coordinate with analysts for coverage and liquidity over the first 30/90 days and beyond.
Do you guarantee timelines, pricing, or allotment?
No. Outcomes depend on SEBI review, market conditions, and investor demand. Our job is to prepare you thoroughly, map demand, and execute with discipline
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