Deal Pipeline
All mandates, all stages, one view. Filter by status, sector, exchange, or deal lead.
Built for SEBI-Registered Merchant Bankers · India
The IPO Deal Management
Platform for Merchant Bankers.
Replace spreadsheets and WhatsApp chains with a structured platform that tracks every phase, document, SEBI milestone, and client interaction — from mandate intake to listing day on NSE or BSE.
SEBI ICDR Compliant
End-to-End Encrypted
Live in <1 Business Day
Data Hosted in India · DPDP Compliant
A Thinkspire Product
₹245 Cr
AUM Pipeline
8
Active Mandates
2
Overdue Docs
Aryan BuildCon Ltd.
NSE SME · ₹48 Cr
TechNova Systems
BSE · ₹120 Cr
GreenPower Energy
NSE · ₹77 Cr
The Problem
India's IPO mandates run on Excel.
India's IPO mandates run on Excel.
That's the problem.
SEBI-registered Merchant Bankers manage hundreds of crores in public issuances every year. One missed SEBI deadline can mean an observation letter, a delayed listing, or a regulatory notice. Yet most firms still use spreadsheets and email chains.
"We were tracking 6 live mandates across 4 spreadsheets, 3 email threads and 2 WhatsApp groups. Something had to give."
7
SEBI milestones per IPO to track
30 days
SEBI observation response window
100+
Documents per mandate
- No single view of all active mandates — status scattered across emails and files
- SEBI observation deadlines missed because no one owns the regulatory calendar
- Document versions exchanged over email with no audit trail for SEBI compliance
- No dedicated portal — issuer clients call the banker to ask for status updates
- SEBI observations, DD issues, and cap table data living in separate, disconnected files
- When a deal team member leaves, institutional knowledge walks out with them
Deal Pipeline
Every mandate.
Every mandate.
One view.
See all your active IPO mandates — sector, exchange, issue size, status, deal lead, and current phase — in a single, structured pipeline. No more hunting across spreadsheets to answer "where is the TechNova deal right now?"
Fresh, OFS, and combination issue types
NSE, BSE, NSE SME, BSE SME exchanges
Price band, valuation, registrar, co-BRLM
Status: draft → active → diligence → filed → listed
Aryan BuildCon Ltd.
NSE SME · Fresh Issue · ₹48 Cr · BRLM Lead
TechNova Systems Pvt Ltd
BSE · Combination · ₹120 Cr · Co-BRLM
GreenPower Energy Ltd
NSE · OFS · ₹77 Cr · BRLM Lead
Medicare Pharma Ltd
NSE SME · Fresh · ₹35 Cr · BRLM Lead
Stellar Logistics Corp
BSE · Fresh Issue · ₹62 Cr · Co-BRLM
DRHP Filed with SEBI12 Jan 2025 ✓
SEBI Observation Letter14 Feb 2025 ✓
RHP Filing — Due in 8 days22 Feb 2025
Subscription OpensTBD
Subscription ClosesTBD
AllotmentTBD
Regulatory Calendar
Never miss a
Never miss a
SEBI deadline again.
Mandatiq auto-populates 7 SEBI regulatory milestones for every deal the moment you enter the DRHP filing date. Deadlines are tracked in real-time, colour-coded by urgency, and trigger automatic reminders before they come due.
DRHP → Observation → RHP → Subscription → Allotment → Listing
Automated cron reminders at 7-day and 2-day warnings
SEBI observation 30-day Reg 25(3) countdown
All milestones visible on the main dashboard
Issuer Client Portal
Your client stays informed.
Your client stays informed.
Without calling you.
Give your issuer company a dedicated portal where they can see exactly where their IPO stands — which documents are received, which are pending, what the next regulatory milestone is, and how to send you a message. Your phone stops ringing for status updates.
Phase progress bar with percentage complete
"Next Action" card — always tells the client what to do next
Secure messaging to the deal team
Red alerts for overdue documents that need attention
Overall Progress62%
Phase 1 — Due DiligenceIn Progress
MOA ✓Financials ✓Board Res.PAN ✓
Phase 2 — DRHP PreparationUpcoming
Observation #1 · Open
18 days remaining
Clarification required on related party transactions FY23-24
Ref: SEBI/HO/CFD/2025/0081 · Received: 22 Jan 2025
Observation #2 · Responded
Closed
Promoter group shareholding disclosure gap — Section III
DD Issues
Legal — Pending NCLT order (High)
Financial — FY22 audit qualification (Medium)
SEBI Compliance Suite
SEBI compliance
SEBI compliance
is not an afterthought.
Mandatiq is the only IPO workflow tool designed around SEBI ICDR regulations from the ground up — not a generic project management tool adapted for banking. Every observation, every DD issue, every cap table entry tracked exactly as the regulations require.
SEBI observation register with Reg 25(3) 30-day tracking
DD issues log by area: legal, financial, regulatory, operational
Cap table with promoter lock-in (18m & 6m) per ICDR Reg 14-18
Immutable activity log — every action timestamped and attributed
All Features
Everything you need.
Everything you need.
Nothing you don't.
Built specifically for Indian IPO workflows. Every feature exists because a merchant banker asked for it.
Document Tracking
Phase-based document checklists. Mark received, flag overdue, attach notes — with full version history.
Regulatory Calendar
7 SEBI milestones auto-tracked per deal. Deadline alerts 7 days and 2 days before.
Client Portal
Issuer company gets their own portal — progress bar, next action, document status, messaging.
SEBI Observation Register
Track observation reference numbers, due dates, response status — with 30-day countdown.
DD Issues Tracker
Log due diligence issues by area and severity. Track status from open to resolved or waived.
Live Dashboard
AUM pipeline, active deal count, overdue documents, this week's regulatory events — one screen.
Bulk Follow-ups
Send HTML follow-up emails to multiple clients across phases with one action. Full email log.
Export & Reports
One-click export to Excel-compatible CSV or print-ready PDF for partner reviews and SEBI submissions.
How It Works
The IPO lifecycle,
The IPO lifecycle,
structured end-to-end
Four steps. One platform. Zero missed deadlines.
01
Intake the Mandate
Create the deal, set the exchange, issue type, valuation, and price band. Assign your team and load phase templates in seconds.
02
Run Due Diligence
Track every document across structured DD phases. Log issues by area and severity. Flag what's overdue and who owns it.
03
Manage SEBI Filing
Regulatory calendar auto-populates from DRHP date. Track observation letters, response drafts, and every SEBI interaction.
04
Close the Listing
Subscription tracking, allotment, listing day close. Complete audit trail archived from mandate letter to market debut.
Regulatory Depth
Built around SEBI.
Built around SEBI.
Not adapted for it.
Most workflow tools are generic project management software "adapted" for banking. Mandatiq was designed from day one around SEBI ICDR — every field, every workflow, every alert exists because it maps to a real regulatory requirement.
SEBI observation register with 30-day Reg 25(3) countdown
Cap table with promoter pre/post-IPO % — lock-in 18m & 6m per ICDR Reg 14-18
Co-BRLM, registrar, and syndicate tracking per mandate
Automated reminders before every SEBI milestone due date
Immutable activity log — every action timestamped, attributed, permanent
Separate JWT-secured client portal — no issuer access to internal deal data
SEBI Regulatory Milestone Tracker
DRHP Filed with SEBIDay 0
SEBI Observation Letter~30 days
RHP Filed with ROCPost-obs.
Subscription OpensIPO Launch
Subscription ClosesT+2
Allotment FinalisedT+4
Listing DayT+6
Who It's For
Purpose-built for
Purpose-built for
India's IPO ecosystem
Not a generic CRM configured for banking. A platform built specifically for the professionals who take companies public on Indian exchanges.
Merchant Banking Firms
SEBI-registered Category I & II BRLMs running SME and mainboard IPO mandates on NSE & BSE. From boutique advisory to full-service investment banks.
Compliance & Legal Officers
Track SEBI observations, manage the DD issues log, and maintain the complete audit trail required for regulatory submissions — all in one place.
Deal Teams
Analysts, associates, VPs, and MDs — each with role-based access to exactly the deals, phases, and documents they own. No more shared mailboxes.
FAQ
Questions
Questions
answered.
Everything you need to know before you book a demo. If your question isn't here, email us at crm@thethinkspire.com.
Is Mandatiq compliant with SEBI ICDR regulations?
Yes. Mandatiq is designed from the ground up around SEBI ICDR regulations — including Reg 14-18 cap table and lock-in tracking, SEBI observation register with Reg 25(3) 30-day response tracking, and regulatory calendar milestones aligned to SEBI timelines. It is not a generic CRM adapted for IPOs.
What types of IPOs does it support?
Mandatiq supports SME IPOs and mainboard IPOs on NSE and BSE, including NSE SME and BSE SME segments. It handles fresh issues, OFS, and combination issues, and supports BRLM, Co-BRLM, and syndicate structures.
How does the issuer client portal work?
You invite the issuer company with a single email. They get a secure, password-protected portal where they can track document status across phases, see their regulatory calendar, view a "Next Action" card showing exactly what they need to submit, and message your deal team directly — without seeing any internal team notes or other client data.
Can multiple team members access the same mandate?
Yes. Mandatiq has full role-based access — Org Admin, Admin, and Employee roles — with deal-level team assignment. Each team member is assigned to specific deals and sees the phases and documents relevant to their role. You can have unlimited team members.
Where is data stored? Is Mandatiq DPDP Act compliant?
All data is stored in India on encrypted cloud infrastructure compliant with the Digital Personal Data Protection (DPDP) Act 2023. Deal data, document metadata, and client communications are encrypted at rest (AES-256) and in transit (TLS 1.3). No deal data is transmitted outside Indian jurisdiction — a key procurement requirement for regulated Merchant Banker workflows.
How long does it take to go live?
Most teams are live within one business day. Phase templates, regulatory calendars, and document checklists are pre-configured for standard IPO workflows — you only need to enter your current deal specifics. Our team will walk you through onboarding in the demo call.
Get Started Today
Stop managing IPOs
Stop managing IPOs
on spreadsheets.
See Mandatiq run a complete IPO mandate in 30 minutes — from intake to listing day. Data hosted in India. DPDP Act 2023 compliant. No commitment required.
Write to us at crm@thethinkspire.com · Response within 1 business day