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.
"In our EPC and electricals business, the biggest worry is whether a banker will truly understand how work actually gets done, but with S45 that clarity came immediately. They grasped our contracts, receivables, working-capital cycles and project timelines faster than anyone we've worked with, and the entire process felt structured..."
"In our business of fresh foods and cold chain, an IPO is less about paperwork and more about judgment, and that is where S45 really stood out. They understood our unit economics, supply chain realities and city-wise brand perception faster than most bankers, so nothing had to be explained twice...."
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 Bhandari is a Co-Founder of S45, India's first AI-native investment bank dedicated to transforming IPO execution in India's public markets. Drawing from his background as an IIT Delhi engineer who raised venture capital on campus and scaled operations to $25 million, Deepank brings firsthand knowledge of how the best Bay Area teams operate and applies those principles to India's capital markets. At S45, he channels his engineering mindset and entrepreneurial experience into building proprietary analytics and AI-driven workflows that eliminate chaos from the IPO process. Deepank is committed to delivering faster, cleaner, and more disciplined execution for founders and investors alike, ensuring every mandate is handled with precision, transparency, and institutional rigour.
Founder
Pankaj Harlalka is a Co-Founder of S45, bringing over 22 years of experience in India's capital markets to the firm. Throughout his career, Pankaj witnessed firsthand how good companies stumbled through broken workflows, lost documentation, and unclear pricing during their IPO journeys. Driven by a conviction that the process needed fundamental reinvention, he co-founded S45 to pair deep sector expertise with proprietary AI-powered analytics. Pankaj oversees institutional relationships and ensures that every engagement reflects S45's core values of transparency, regulatory respect, and disciplined pricing. His extensive market knowledge across 12 industries and his commitment to keeping founders and investors free from unnecessary noise define his approach to investment banking.
Founder
Aman Singh is a Co-Founder of S45, an operator-turned-banker who brings rare, ground-level perspective to the IPO advisory process. Having personally navigated the experience of scaling an SME to $60 million and attempting to list it, Aman encountered the brutal realities of disorganised disclosures, lost communications, and opaque pricing that plague traditional IPO execution. That experience became the founding conviction behind S45. At the firm, Aman leads with an operational mindset, ensuring that every client engagement moves from first call to signed mandate with speed and structure. His dedication to building clean, disciplined books and delivering predictable outcomes makes him a trusted partner for founders preparing for India's public markets.
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.