Expert SME IPO Consultants in Surat

S45 helps Surat’s growth-stage SMEs move from IPO questions to a disciplined NSE Emerge or BSE SME listing plan. Built for Gujarat’s founder-led manufacturers, exporters, and emerging brands, our AI-native platform covers readiness, DRHP drafting, demand mapping, pricing support, and post-listing liquidity with transparent timelines and evidence-linked execution, so promoters can approach public markets with confidence instead of last-minute banker chaos.

SME IPO consultants reviewing investor demand dashboards

Our SME IPO Services

End-to-end SME IPO advisory from readiness and filing to distribution, liquidity, and post-listing investor relations.

IPO Readiness

Assess NSE Emerge or BSE SME eligibility, governance readiness, demat status, financial track record, statutory dues, litigation, cap table quality, and disclosure gaps before entering a formal IPO mandate.

DRHP Drafting

Prepare SME-specific DRHP sections, data room architecture, evidence mapping, SEBI ICDR compliance workflows, exchange responses, ASBA/UPI infrastructure, ISIN coordination, demat setup, and escrow bank appointment tracking.

Route Selection

Evaluate NSE Emerge versus BSE SME based on eligibility, issue size, investor appetite, liquidity needs, market maker requirements, and future migration potential to the Main Board.

Pricing Support

Use sector comparables, cash-flow methods, pre-IPO soundings, subscription pattern forecasts, QIB/NII/retail demand mapping, and live pricing dashboards to support disciplined price discovery.

Market Maker Coordination

Plan mandatory SME market maker appointment, lot grid modeling, liquidity simulations, agreement structuring, exchange obligations, and early post-listing trading activity monitoring.

Post-Listing IR

Support newly listed SMEs with 30/90-day investor relations, earnings materials, institutional targeting, liquidity monitoring, follow-on capital planning, and SME-to-Main-Board migration preparation.

IPO consultants guiding an SME listing process

Our SME IPO Execution Process

Run The Readiness Scan

S45 starts with a 30-minute AI-powered scan covering financial track record, governance, demat readiness, statutory dues, litigation, cap table structure, and SME route fit. Surat promoters get a practical view of what must be fixed before mandate signing.

Select The Listing Route

Prepare DRHP And Compliance

Build Pricing And Demand

Manage Post-Listing Growth

Proven Market Outcomes

Execution Proof

Execution metrics and founder references show how S45 brings discipline to India’s public-market journey.

"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..."

Mr Jignesh Patel
Mr Jignesh Patel
The S45 Difference

Why Choose S45?

S45 combines technology, sector expertise, and capital markets execution for India’s emerging public companies.

AI-Native

AI readiness surfaces governance, disclosure, and financial gaps early for Surat SMEs preparing to list.

Fast Mandates

Move from first call to signed mandate typically in 7 days, with documented terms.

Clean Workflow

Evidence-linked workflows reduce DRHP chaos for Gujarat promoters managing auditors, lawyers, and bankers.

Investor Reach

50,000+ mapped investors support sharper demand planning across QIB, NII/HNI, retail, and anchors.

Meet The S45 Team

Founder-led bankers combining AI, operations, and capital markets depth.

Portrait of Deepank Bhandari, Co-Founder of S45

Deepank Bhandari

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.

Portrait of Pankaj Harlalka, Co-Founder of S45

Pankaj Harlalka

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.

Portrait of Aman Singh, Co-Founder of S45

Aman Singh

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.

Frequently Asked Questions

Which SME IPO is best?

The best SME IPO is not simply the one with the highest subscription or listing gain. Strong SME issues usually show consistent profitability, clean governance, credible use of proceeds, reasonable valuation, market maker support, and a sector narrative investors understand. For promoters in Surat, the more important question is whether your own business is ready for NSE Emerge or BSE SME listing under SEBI ICDR norms.

Who is advisor of IPO?

How long does an SME IPO process take?

What does SME IPO readiness include?

What are the fees for SME IPO consulting?

Do SME IPOs need a market maker?

Can S45 help choose between NSE Emerge and BSE SME?

What support is available after the SME IPO lists?

Still Have SME IPO Questions?

Get clear answers on readiness, eligibility, pricing, and timeline.

Trusted Execution

Awards and Recognition

AI-native investment bank trust badge

AI-Native Bank

India’s first AI-native investment banking positioning.

SEBI merchant banker partnership badge

Regulated Partnership

IPO execution with a Category-I merchant banker.

IPO track record trust badge

IPO Track Record

Execution metrics across completed Indian IPOs.

Ready To Explore Your SME IPO?

Share your SME’s financials, listing goals, and timeline. S45 will help assess readiness, route fit, and the next practical step toward NSE Emerge or BSE SME.

Contact Us Today

For immediate assistance, feel free to give us a direct call at +91 95879 52454.