| Merchant Banking and Financial Advisory | Lead management of IPOs, FPOs, Rights Issues; M&A advisory; valuation; ESOP certification | First mover in SME IPOs, SEBI Category-I Merchant Banker status, strong SME client base | SMEs, corporates, institutional investors (B2B) | IPO management and M&A advisory services | 118 | 100 | Merchant banking fees, advisory service charges, success fees | Fee-based on transactions and advisory agreements | Rising SME listings, capital market expansion, regulatory support for SME funding | Aryaman SME IPOs, M&A advisory, Valuation Services |
