Frequently Asked Questions
Citigroup Global Markets India Private Limited, as a lead manager, is a SEBI-registered merchant banker appointed
to plan, manage, and execute the IPO while ensuring regulatory compliance.
A Lead Manager structures the IPO, ensures SEBI compliance,
markets the issue, and manages the process from filing to listing.
Responsibilities include preparing DRHP/RHP, due diligence,
price band recommendation, IPO marketing, allotment, and listing.
The Lead Manager ensures transparent disclosures, clear risk communication,
SEBI compliance, and legal accountability.
The Lead Manager recommends the price band,
but the final pricing decision is taken jointly with the company.
A BRLM oversees the book-building process,
collects bids, and plays a key role in price discovery.
Yes. Mainboard IPOs may appoint multiple Lead Managers,
while SME IPOs usually appoint one.
A reputed Lead Manager can improve investor confidence,
but does not guarantee listing gains.
Lead Manager details are available in DRHP/RHP,
IPO advertisements, and BSE/NSE websites.
No. Share price after listing depends on market demand,
company performance, and overall market conditions.
The Lead Manager handles pricing, marketing, and compliance,
while the Registrar manages applications, allotment, and refunds.
No. Listing gains depend on valuation,
demand, and overall market sentiment.
Experience, number of IPOs handled,
and mainboard/SME expertise indicate credibility, not profitability.
Yes. In SME IPOs, the Lead Manager often coordinates market making
to improve post-listing liquidity.