| BRLM Name | Number of SME IPOs | Number of Mainboard IPOs |
|---|---|---|
| JM Financial | - | 17 |
| Beeline Broking | 11 | 3 |
| GYR Capital | 12 | - |
| IIFL Capital Services | - | 12 |
| Motilal Oswal Investment | - | 11 |
| Smart Horizon Capital | 10 | - |
| Unistone Capital | 9 | - |
| Kotak Mahindra Capital | - | 9 |
| ICICI Securities | - | 9 |
| Hem Securities | 9 | - |
| Horizon Management | 8 | - |
| Narnolia Financial | 7 | - |
| Axis Capital | - | 7 |
| Gretex Corporate | 7 | - |
| Fast Track Finsec | 6 | - |
| Pantomath Capital | - | 6 |
| SBI Capital | - | 6 |
| Nuvama Wealth | - | 6 |
| Share India Capital | 5 | - |
| Vivro Financial Services | 5 | - |
| Jefferies India | - | 5 |
| Finshore Management | 5 | - |
| Citigroup Global | - | 5 |
| HSBC Securities | - | 5 |
| Expert Global Consultants | 4 | - |
| Interactive Financial | 4 | - |
| Khambatta Securities | 4 | - |
| Morgan Stanley | - | 4 |
| Aryaman Financial | 4 | - |
| Systematix Corporate | - | 4 |
| Nomura Financial | - | 4 |
| Corporate Makers | 4 | - |
| Saffron Capital | 2 | 1 |
| Jawa Capital | 3 | - |
| DAM Capital | - | 3 |
| Marwadi Chandarana | 3 | - |
| Choice Capital Advisors | - | 3 |
| Sun Capital | 3 | - |
| Goldman Sachs | - | 3 |
| J.P. Morgan | - | 3 |
| Shreni Shares | 3 | - |
| Equirus Capital | - | 3 |
| Seren Capital | 3 | - |
| Corpwis Advisors | 3 | - |
| Indorient Financial Services | 2 | - |
| Monarch Networth Capital | - | 2 |
| NirbhayCapital | 2 | - |
| Bofa Securities | - | 2 |
| BOB Capital | - | 2 |
| Srujan Alpha Capital | 2 | - |
| Intensive Fiscal | - | 2 |
| Fedex Securities | 1 | 1 |
| Sundae Capital | 1 | 1 |
| Indorient Financial | 2 | - |
| SKI Capital | 2 | - |
| SMC Capitals | 1 | 1 |
| BNP Paribas | - | 2 |
| Mark Corporate Advisors | 2 | - |
| Khandwala Securities | 2 | - |
| Arihant Capital | 2 | - |
| Affinity Global | 2 | - |
| Phillip Capital | - | 1 |
| Galactico Corp | 1 | - |
| Batlivala & Karani Securities | - | 1 |
| New Berry Capitals | 1 | - |
| Turnaround Advisors | 1 | - |
| Holani Consultants | 1 | - |
| UBS Securities India | - | 1 |
| PL Capital Markets | - | 1 |
| Anand Rathi Securities | - | 1 |
| UBS Securities | - | 1 |
| Navigant Corporate | 1 | - |
| Indcap Advisors | 1 | - |
| Sobhagya Capital | 1 | - |
| Shannon Advisors | 1 | - |
| Sarthi Capital Advisors | - | 1 |
| Cumulative Capital | 1 | - |
| Swastika Investmart | 1 | - |
| HDFC Bank | - | 1 |
| Kreo Capital | 1 | - |
| Sumedha Fiscal | - | 1 |
| Rarever Financial | 1 | - |
| Almondz Global | 1 | - |
| CLSA India | - | 1 |
| Elara Capital | - | 1 |
| Socradamus Capital | 1 | - |
| 3DIMENSION CAPITAL SERVICES LIMITED | 1 | - |
| Oneview Corporate | 1 | - |
| Getfive Advisors | 1 | - |
| IDBI Capital | - | 1 |
| Kotak Mahindra Capital | - | 3 |
| Jefferies India | - | 2 |
| Bofa Securities | - | 2 |
| IIFL Capital Services | - | 2 |
| SBI Capital | - | 2 |
| J.P. Morgan | - | 2 |
| Axis Capital | - | 2 |
| Citigroup Global | - | 2 |
| Morgan Stanley | - | 1 |
| Avendus Capital | - | 1 |
| ITI Capital | - | 1 |
| Nuvama Wealth | - | 1 |
| JM Financial | - | 1 |
| ICICI Securities | - | 1 |
| Intensive Fiscal | - | 1 |
| Goldman Sachs | - | 1 |
| Elara Capital | - | 1 |
| HSBC Securities | - | 1 |
| Nomura Financial | - | 1 |
| ICICI Securities | - | 1 |
| Axis Capital | - | 1 |
| Citigroup Global | - | 1 |
| JM Financial | - | 1 |
| ITI Capital | - | 1 |
| Bofa Securities | - | 1 |
| Anand Rathi Securities | - | 1 |
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