Tech Startup IPO Advisory in India

S45 helps Indian tech startups prepare for IPO with AI-led readiness, DRHP support, pricing strategy, and investor mapping. Built for founders and CFOs navigating India's SEBI-led listing environment, the team supports Main Board and SME pathways with faster workflows, cleaner disclosures, and post-listing investor relations designed for today's public markets.

IPO advisory team reviewing tech startup listing strategy

Our IPO Advisory Services

End-to-end IPO consulting for Indian tech startups, from readiness and filing to pricing, distribution, and post-listing support.

IPO Readiness

Assess listing eligibility, governance, disclosures, cap table structure, and financial preparedness for Indian tech startups targeting Main Board or SME IPO pathways.

DRHP & Filing

Coordinate data rooms, draft DRHP and RHP materials, manage SEBI-facing workflows, and streamline regulatory preparation with structured documentation and live status visibility.

Pricing & Distribution

Support valuation framing, investor demand mapping, anchor strategy, roadshow planning, and bookbuilding preparation across QIB, NII, HNI, and retail categories.

Main Board IPO

Guide larger growth-stage tech companies through NSE and BSE Main Board listing requirements, institutional positioning, and full-cycle execution planning.

SME IPO

Help eligible startups evaluate NSE Emerge or BSE SME routes, including market maker coordination, lot sizing, and migration planning.

Post-Listing IR

Maintain investor communication, liquidity planning, analyst coordination, and institutional outreach after listing to support stable aftermarket performance.

Tech startup IPO planning process meeting

Our Tech IPO Advisory Process

Run IPO Readiness Assessment

We begin with an AI-powered readiness scan to evaluate eligibility, governance, disclosures, financial controls, and cap table issues. For Indian tech startups, this helps surface SaaS metrics, data privacy, and reporting gaps early before formal SEBI-facing work begins.

Choose The Right Listing Path

Prepare Drafting And Compliance Workstreams

Build Pricing And Investor Strategy

Support Listing And Aftermarket Execution

Trusted By Founders

Success Stories

See how disciplined execution and AI-led workflows support stronger IPO outcomes for growth-stage Indian companies.

"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 sector expertise, AI workflows, and execution discipline for Indian IPOs.

AI-Native

AI-led workflows reduce drafting chaos and improve execution visibility across complex Indian IPO workstreams.

Fast Execution

Move from first call to signed mandate in 7 days with structured, founder-friendly execution.

Market Reach

Access 50,000+ mapped investors across QIB, NII, HNI, retail, and anchor categories in India.

Proven Track

Team track record includes 26 IPOs executed and ₹1,180+ Cr capital raised since July 2023.

Meet The India Team

Founder-led bankers with operator and market experience.

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

What does IPO advisory for tech startups in India include?

IPO advisory for tech startups in India typically covers readiness assessment, governance and disclosure preparation, cap table cleanup, DRHP drafting support, pricing strategy, investor demand mapping, distribution planning, and post-listing investor relations. For technology businesses, it also often includes work around SaaS metrics, customer concentration, data privacy disclosures, and positioning the equity story for Indian public market investors.

When should a tech startup start preparing for an IPO in India?

How do you decide between a Main Board IPO and an SME IPO in India?

How long does the IPO advisory process usually take?

What makes tech startup IPOs different from other sectors?

Can S45 help with DRHP drafting and SEBI-related preparation?

How does investor demand mapping help before an IPO mandate?

Does IPO advisory continue after the company gets listed?

Still Have IPO Questions?

Speak with our team about readiness, filing, and listing strategy.

Trusted Signals

Awards and Recognition

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SEBI Lead Manager Partner

Works with Category-I merchant banker

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AI-Native Platform

Technology-led IPO execution workflow

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Institutional Backing

Backed by institutional investors

Start Your IPO Planning Conversation

Share your stage, timeline, and listing goals. We'll help assess readiness, route selection, and the next practical steps.

Contact Us Today

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