IPO Readiness
Assess SME listing eligibility, governance, disclosures, cap table structure, and financial preparedness. S45 uses AI-led diagnostics to identify gaps early and build a cleaner path toward NSE Emerge or BSE SME filing.
S45 helps growth-stage companies in Bengaluru prepare for SME IPOs with AI-led readiness, drafting, pricing, and post-listing support. From companies around Outer Ring Road to founder-led businesses scaling across Karnataka, we bring structured execution, faster timelines, and disciplined investor mapping for NSE Emerge and BSE SME listings.

End-to-end SME IPO advisory covering readiness, filing, pricing, listing, and post-listing support for growth-stage companies.
Assess SME listing eligibility, governance, disclosures, cap table structure, and financial preparedness. S45 uses AI-led diagnostics to identify gaps early and build a cleaner path toward NSE Emerge or BSE SME filing.
Prepare DRHP and RHP documentation, structure the data room, coordinate regulatory responses, and manage exchange-specific compliance requirements. This helps issuers move from fragmented documentation to a controlled, filing-ready process.
Support valuation framing, investor demand mapping, anchor strategy where relevant, and category-wise distribution planning. S45 combines sector comparables with live demand intelligence to improve pricing discipline and subscription outcomes.
Coordinate mandatory market maker arrangements for SME IPOs, including shortlist support, agreement structuring, lot size modeling, and liquidity simulations designed for post-listing trading stability.
Manage the full SME IPO workflow from mandate through listing, aligning readiness, drafting, regulatory coordination, and issue execution under one structured operating model.
Continue support after listing with investor relations planning, liquidity monitoring, market maker coordination, and SME-to-Main-Board migration preparation as the business scales.

We begin with an AI-powered readiness scan to evaluate SME eligibility, governance, disclosures, financial controls, and route selection. For Bengaluru founders preparing ahead of filing, this creates a practical view of what must be fixed before formal execution starts.
Results shaped by disciplined IPO execution, structured workflows, and investor-focused market preparation.
S45 combines IPO execution discipline with AI-led workflows built for Indian public markets.
AI-powered workflows reduce document chaos and surface readiness gaps before filing begins.
Structured support for NSE Emerge and BSE SME listings, including market maker coordination.
Headquartered in Bengaluru, S45 moves from first call to signed mandate in 7 days.
Access to 50,000+ mapped investors supports disciplined pricing and stronger demand planning.
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 SME IPO consultant helps a company prepare for listing on platforms such as NSE Emerge or BSE SME. That includes assessing eligibility, improving governance and disclosures, coordinating DRHP drafting, supporting pricing and investor strategy, and managing listing mechanics like market maker coordination. The goal is to reduce execution risk and move the company from preparation to listing with a more structured process.
Speak with our team about readiness, timelines, and listing strategy.
Executed with regulated lead manager support
Technology-led IPO execution workflow
Backed by institutional investors
Share your stage, timeline, and listing goals. We’ll review readiness, likely route, and the next steps for a structured SME IPO process.
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.