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About Turnaround

Experience at work.
Alongside you.

A merchant banking and corporate advisory firm connecting capital-market expertise with hands-on transaction execution.

Explore our expertise
SEBI-registered Category-I Merchant Banker
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Conceptual advanced manufacturing campus in warm morning light.

A company-specific approach
to consequential decisions.
Conceptual advisory imagery.

50+years of combined
leadership experience
100+IPOs in the team’s
collective experience
6stages of coordinated
issue management
5strategic sectors
in the firm’s focus

Leadership experience and collective execution credentials as described in the company presentation dated 6 October 2026; these are not counts of IPOs executed solely by the current firm.

Our perspective

A transaction is a milestone.
The business comes first.

We aim to be a long-term capital-markets partner for businesses seeking to raise capital, access public markets and create value. Our work combines structuring, diligence, documentation and execution with an understanding of each company’s objectives.

Conceptual satellite assembly in a bright aerospace cleanroom.
Space technology · one of the firm’s stated sector priorities

01

Client focus

Solutions shaped around the company’s objectives and long-term plans.

02

Capital-markets expertise

An understanding of markets, products and regulatory requirements that informs transaction structuring.

03

End-to-end execution

Hands-on coordination from diligence and offer documentation to review and listing.

04

Long-term partnership

Continued support for management through the life of a listed business.

Looking ahead

A growing programme
of work.

The company presentation reports a pipeline of 60+ upcoming IPO mandates, comprising 10+ mainboard and 50+ SME IPOs.

It also identifies Arihant Capital and Ashika Capital as strategic tie-up partners for the firm’s mainboard IPO mandates.

Pipeline snapshot from 6 October 2026. Proposed mandates are not completed transactions, and timing or completion may change.

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Why Turnaround

The judgement.
And the follow-through.

The firm’s proposition combines regulatory experience, an integrated advisory practice, multidisciplinary teams and relationships across financial institutions and syndicate partners.

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Precision across the transaction.

A clear allocation of responsibilities. Consistent documentation. Decisions made with the next step in view. The aim is disciplined execution and a working relationship that continues beyond a single mandate.

The next conversation

Let’s start with your business.

Tell us where you are today and what you want to build next.

Talk to Turnaround