IPO Readiness
Prepare your company for an SME listing with route selection, governance review, diligence, cap table cleanup, financial controls, and listing strategy aligned to NSE Emerge or BSE SME requirements.
Navigate the SME listing journey with structured advisory built for Indian public markets. S45 helps promoters, CFOs, and boards prepare for NSE Emerge or BSE SME with cleaner documentation, disciplined pricing, and faster execution—reducing delays, improving investor readiness, and bringing clarity to every stage from pre-IPO planning to post-listing support.

End-to-end advisory for Indian SMEs preparing, executing, and managing a successful public listing.
Prepare your company for an SME listing with route selection, governance review, diligence, cap table cleanup, financial controls, and listing strategy aligned to NSE Emerge or BSE SME requirements.
Build cleaner offer documents and smoother approvals through data room setup, DRHP drafting, regulatory coordination, exchange selection, compliance infrastructure, and SME-specific disclosure support.
Understand where investor demand is likely to come from with a focused report covering subscription patterns, anchor targeting, roadshow planning, regional demand signals, and sector-specific risks.
Speak directly with a sector banker to clarify IPO readiness, route selection, valuation approach, SEBI and exchange questions, and post-listing investor relations priorities.
Maintain momentum after listing with liquidity planning, market maker coordination, trading activity monitoring, investor relations tools, and SME-to-Main Board migration planning.
Access sector-focused IPO playbooks with pricing frames, investor maps, disclosure checklists, and IR toolkits tailored to Indian industries planning to go public.
S45 helps Indian SMEs approach the IPO process with more structure, visibility, and control. From readiness reviews and DRHP support to investor positioning and post-listing planning, the advisory model is designed to reduce execution friction across India's regulatory and exchange environment. Whether you are evaluating NSE Emerge or BSE SME, the focus stays on disciplined pricing, evidence-backed drafting, and predictable progress.

Track record built on disciplined execution, stronger demand mapping, and measurable IPO outcomes across India.
S45 combines banking judgment, operational discipline, and AI-enabled execution for SME IPO mandates.
AI-driven workflows help catch issues early and keep IPO execution cleaner and faster.
The same institutional discipline is applied to SME listings across India's exchange ecosystem.
Deep investor mapping supports pricing, bookbuilding, and demand strategy for Indian public markets.
S45 has executed 26 IPOs since July 2023 with disciplined, outcome-focused delivery.
Founders with operator and capital markets experience.

Founder
Deepank is the Founder of S45, an AI native investment bank focused on closing the capital markets gap for India's best emerging businesses. He works with founders who have built real, scalable companies and helps them access structured capital and public markets with clear, disciplined execution.He brings over 14 years of experience across investment banking, private equity, quick commerce, fintech, supply chain and actuarial sciences, with operating and investing roles at Blinkit, 1mg, BNP Paribas and Alcazar Capital. Before S45, he built a fintech platform that raised 5 million dollars in seed funding and grew into a meaningful wealth tech and structured finance business, which ultimately evolved into the S45 mission.Having scaled one of his ventures 10x to 60 million dollars in ARR, he has seen how strong fundamentals can still be held back by a lack of fit with traditional capital. Too operational for new age venture capital, too early for large institutions and unwilling to over dilute for private equity. Those constraints shaped his view on how capital should work for founders, not the other way around. At S45, his focus is on empowering 1,000 entrepreneurs over the next few years with the capital, strategic guidance and operating support they need to grow into India's next generation of resilient, high growth, blue chip companies.

Founder
Pankaj is the Co-founder of S45, bringing over two decades of experience in capital markets, merchant banking and corporate advisory. A Company Secretary by training, he began his career at Dolphin Laboratories before moving into merchant banking at Microsec India Limited in 2003, where he developed a deep specialization in public markets and corporate transactions. Over his 22 year career, he has helped lead more than 16 main board IPOs, executed over 25 takeovers and managed rights issues, buybacks, mergers and demergers across multiple sectors. He has worked closely with some of East India's most prominent listed companies, including Ramkrishna Forgings, Rupa, Emami, Haldia Petrochemicals and Centuryply, guiding them through key phases of growth and market expansion. In his most recent role, Pankaj was part of the investor relations team at Shyam Metallics and Energy Limited, gaining firsthand insight into how large corporates think about strategy, capital allocation and sustained market performance. Having seen both the decisions that create lasting value and the missteps that hold companies back, he has built a strong track record in advising mid sized businesses on capital raising, M&A and long term value creation. At S45, he focuses on guiding founders through strategic growth initiatives, identifying acquisition opportunities and opening access to India's public markets. He brings a deep belief in empowering high potential entrepreneurs and is committed to reshaping the capital markets journey for India's small and mid sized enterprises.

Founder
Aman is the Co-founder of S45, where he focuses on investing in and scaling high growth businesses. His work sits at the intersection of capital, strategy and operations, helping founders move from early traction to durable, compounding growth. He began his entrepreneurial journey while still at IIT Delhi, founding SayF in his pre final year and growing it into a venture backed company with a multi million dollar business footprint. After SayF, he worked directly with the founders of a Bay Area SaaS startup backed by Khosla Ventures, leading strategic and growth initiatives across product, sales and operations. His experience spans fintech, consumer technology and enterprise SaaS, with a focus on building from zero to one and then scaling with discipline. Having built and advised companies through fundraising cycles, product pivots and execution challenges, Aman has developed a clear understanding of capital efficiency, growth levers and what it takes to build resilient businesses. Growing up in an Indian Army household shaped his approach to work, with a strong bias for action, adaptability and resilience. At S45, he works closely with founders to refine strategy, unlock new growth opportunities and navigate fundraising with confidence. With firsthand experience as a founder, he focuses on helping entrepreneurs build enduring, purposeful companies with long term value. Outside of work, he enjoys travelling, meeting interesting people and spending time with long form essays and non fiction.
An IPO consultant is a specialist who helps a company prepare for and execute a public listing. For SME IPOs in India, this typically includes readiness assessment, governance and compliance planning, documentation support, investor positioning, pricing inputs, coordination with intermediaries, and guidance through exchange and regulatory requirements so the process moves in a more structured and disciplined way.
Speak with our team for clear, practical guidance.
Strong recent public market track record.
Technology-led execution with structured workflows.
Built for cleaner drafting and pricing.
Share your stage, sector, and listing goals. Our team will review your context and outline the next practical steps.
For immediate assistance, feel free to give us a direct call at +91 95879 52454.
For immediate assistance, feel free to give us a direct call at +91 95879 52454.