SME IPO Advisory
End-to-end advisory for eligible Indian SMEs targeting NSE Emerge or BSE SME, including platform selection, market maker planning, lot size modeling, liquidity simulations, and future Main Board migration support.
Hyderabad’s tech, pharma, manufacturing, and consumer founders need an SME IPO path that is fast, compliant, and investor-ready. S45 helps eligible growth-stage SMEs prepare for NSE Emerge or BSE SME listings with AI-led readiness, DRHP coordination, pricing support, market maker planning, and post-listing liquidity programs built for Indian public markets.

SME IPO execution support from readiness and drafting to pricing, market making, listing, and post-listing liquidity.
End-to-end advisory for eligible Indian SMEs targeting NSE Emerge or BSE SME, including platform selection, market maker planning, lot size modeling, liquidity simulations, and future Main Board migration support.
A 30-minute AI-powered assessment checks financial track record, governance, demat readiness, litigation, statutory dues, cap table quality, and SME route suitability before formal filing work begins.
Structured DRHP and regulatory support covers data room setup, evidence-linked drafting, SME platform disclosure requirements, due diligence coordination, SEBI query tracking, ISIN, demat, and application infrastructure.
Pricing support uses sector comparables, investor soundings, demand maps, roadshow planning, allocation tracking, and bookbuilding workflows designed for SME issue sizes and investor category behavior.
Pre-mandate demand thesis reporting helps founders and CFOs understand likely demand strength by region, investor category, roadshow city, ESG sensitivity, and anchor investor strategy without disclosing identities early.
Post-listing programs support market maker coordination, trading activity monitoring, investor relations calendars, earnings materials, institutional targeting, follow-on capital planning, and SME to Main Board migration.

S45 begins with an AI-powered readiness scan covering financial track record, governance maturity, demat readiness, statutory dues, litigation, cap table, and SME platform fit. Hyderabad founders can quickly understand whether NSE Emerge, BSE SME, or delayed preparation is the right route.
S45’s team has executed Indian IPOs with strong demand, disciplined pricing, and founder-friendly operating clarity.
S45 brings speed, structure, and transparency to Indian SME IPO execution.
S45 pairs sector bankers with proprietary analytics for readiness, pricing, bookbuilding, listing, and IR.
Hyderabad founders get a structured first-call to mandate path, typically completed within 7 days.
Evidence-linked drafting reduces chaos across financials, governance, risk, regulatory, and exchange workflows.
SME companies in Hyderabad benefit from investor maps across QIB, NII, HNI, and retail categories.
Founder-led capital markets team built for disciplined IPO execution.

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 Indian small or medium enterprise with demonstrated growth, a clean governance base, and a suitable profitability track record may consider an SME IPO. S45’s SME IPO service is particularly relevant for promoter-led businesses with roughly ₹20-100 Cr revenue scale, 2-3 years of profitability, regional or niche market leadership, and a clear need for growth capital.
Get clear answers before committing to an IPO mandate.
India-first AI-native capital markets execution platform.
IPO execution with Category-I merchant banker partnership.
Track record across Indian Main Board and SME IPOs.
Share your IPO goals, current financial readiness, and preferred listing route. S45 will help you understand next steps, timelines, and engagement scope.
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.