IPO Readiness
Assess SME listing eligibility, governance gaps, cap table issues, disclosure readiness, and route selection before filing. This helps promoters and CFOs build a cleaner, faster path to NSE Emerge or BSE SME.
S45 helps growth-stage companies prepare for SME listings with structured readiness, drafting, pricing, and post-listing support. For founders and CFOs across Delhi NCR, where promoter-led businesses often balance fast growth with tighter compliance timelines, our AI-led process brings clarity to NSE Emerge and BSE SME execution without the usual document chaos.

End-to-end SME IPO advisory covering readiness, filing, pricing, distribution, and post-listing planning.
Assess SME listing eligibility, governance gaps, cap table issues, disclosure readiness, and route selection before filing. This helps promoters and CFOs build a cleaner, faster path to NSE Emerge or BSE SME.
Prepare draft offer documents, organise the data room, coordinate compliance workstreams, and manage SEBI-facing documentation with tighter version control and clearer ownership across advisors.
Support valuation framing, investor demand mapping, anchor strategy where relevant, roadshow planning, and category-wise distribution using live market signals and mapped investor cohorts.
Run the SME IPO process from mandate through listing, including market maker coordination, lot size modelling, liquidity simulations, and exchange-specific execution requirements.
Validate likely investor appetite before a full mandate through cohort-level demand mapping, subscription pattern forecasts, and city-wise roadshow planning for Indian IPOs.
Maintain momentum after listing with investor relations planning, liquidity monitoring, market maker coordination, and SME-to-Main-Board migration support as the business scales.

We begin with an AI-led readiness scan and detailed review of eligibility, governance, financial reporting, cap table structure, and disclosure gaps. For Delhi NCR businesses, this is especially useful when promoter-led growth has outpaced formal public-market preparation.
Track record built on disciplined IPO execution, faster workflows, and measurable market outcomes.
S45 combines IPO execution discipline with AI-led workflows built for Indian public markets.
AI workflows reduce document chaos and surface readiness gaps before filing begins.
Structured support for NSE Emerge and BSE SME listings, market makers, and liquidity planning.
Mandates typically move quickly, useful for Delhi NCR companies managing tight fundraising windows.
Mapped access across QIB, NII, HNI, retail, and anchor cohorts strengthens distribution planning.
Founder-led bankers with operator and market 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 by coordinating readiness assessment, governance improvements, financial restatements, DRHP drafting, regulatory workflows, pricing support, investor mapping, and post-listing planning. The goal is to reduce execution risk, improve document quality, and keep promoters, CFOs, auditors, and legal teams aligned through a structured process.
Speak with our team about readiness, filing, and listing strategy.
Executed with regulated lead manager support
Technology-led IPO execution workflow
Mapped investor network across categories
Share your stage, timeline, and listing goals. Our team will review fit, likely workstreams, and the next practical steps toward an SME IPO.
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.