Defined by Trust Driven by Execution
A leading merchant banking and advisory company providing comprehensive solutions to clients across India.
A legacy of trust built over four decades
Vivro was founded as an independent financial advisory firm focused on helping businesses access capital and execute transformative transactions.
As a SEBI Registered Category I Merchant Banker, we have assisted promoters, entrepreneurs, and institutions structure and deliver complex financial solutions — from capital market transactions and strategic mergers to debt financing and corporate advisory.
Our approach combines a deep understanding of the Indian capital markets with rigorous financial discipline, due diligence and hands-on execution. Every mandate we undertake is led by senior professionals who work closely with clients through each stage of the transaction.
We take pride in the fact that since our incorporation in 1996, Vivro has built a reputation for providing thoughtful advice, meticulous execution, and long-term partnership with its clients.
Distinct
capabilities,
holistic approach
We offer a comprehensive suite of financial solutions designed to support businesses and investors across every stage of their growth journey. From capital market transactions and structured financing to strategic advisory, valuation, and wealth management, our integrated approach combines deep domain expertise with a strong understanding of market dynamics. We work closely with our clients to deliver tailored, insight driven solutions
Capital Market Services
Vivro Financial Services Private Limited, registered with SEBI as a Category I Merchant Banker, advises companies on public market transactions including Equity IPOs, Debt Issuances, Rights Issues, Open Offers, Buybacks and other equity offerings.
Learn MoreCorporate Finance
Arranging structured debt solutions including project finance, working capital facilities, and loan syndication.
Learn MoreCorporate Advisory
Raising growth capital through private placements, institutional investors and structured financing solutions as well as strategic advisory on acquisitions, divestitures, mergers, and shareholder exits.
Learn MoreValuation Services
Independent valuation services for securities and complex financial assets to support corporate transactions, regulatory requirements and financial reporting.
Learn MoreWealth Services
Wealth solutions for UHNI, HNI, Institutional and Retail investors across products and offerings.
Learn MorePrinciples that
guide everything
we do
We are built on three core principles that underpin every engagement we undertake, from the smallest advisory mandate to the most complex multi-party transaction.
Value Creation
Our recommendations are guided by the interests of our clients, successful transaction outcomes and long-term value creation. We measure success by the results our clients achieve.
Execution Discipline
Complex transactions require careful structuring, coordination with multiple stakeholders, and regulatory precision. We focus on disciplined execution at every step of the process.
Long-Term Partnerships
We believe financial advisory works best when relationships extend beyond a single transaction. Many of our engagements evolve into long-term partnerships as clients grow and pursue new opportunities.
Values that
drive us
Through discretion, consistency and sound judgment, Vivro builds relationships that endure across multiple transactions and strategic decisions. Our values are not aspirational — they are the operating principles that define how we work.
Integrity
Highest standards of honesty and professional responsibility in every engagement.
Independence
Objective, unbiased advice clients can rely on for their most important decisions.
Alignment
Acting in alignment with clients, regulators and market participants at all times.
Excellence
Rigor, preparation and attention to detail to deliver outcomes with precision.
Trust
Discretion, consistency and judgment that builds relationships over time.
Transaction Highlights
INR 472.3 Million
4,27.0 Million
Lead Manager to the Issue
1,013.5 Million
Lead Manager to the Issue
985.8 Million
Lead Manager to the Issue
277.4 Million
Lead Manager to the Issue
780.7 Million
Lead Manager to the Issue
609.8 Million
Lead Manager to the Issue
1,025.3 Million
Lead Manager to the Issue
353.8 Million
Lead Manager to the Issue
630 Million
Lead Manager to the Issue
449.7 Million
Lead Manager to the Issue
724.1 Million
Lead Manager to the Issue
200 Million
5000 Million
2850.1 Million
336.9 Million
1080 Million
137 Million
Manager to the Offer
499.2 Million
17,149.2 Million
22,527 Million
28,619.5 Million
349.7 Million
498.2 Million
4,251.1 Million
Lead Manager (Multiple Issues)
33,353 Million
Lead Manager (Multiple Issues)
11,740.4 Million
Lead Manager (Multiple Issues)
41,055.3 Million
Lead Manager (Multiple Issues)
12,411 Million
Lead Manager (Multiple Issues)
39,169.3 Million
Lead Manager (Multiple Issues)
958.5 Million
Lead Manager to the Issue
Pharmaceuticals
Manufacturing (SS Pipes and Tubes)
|
Manufacturing (ACS Wires and Tools) |
|
Pharmaceuticals |
Pharmaceuticals
Manufacturing (Kraft Paper
Renewable energy
Manufacturing (Solar Module
Renewable energy
Renewable energy
Manufacturing (AAC Blocks
|
Chemical |
Agro & Food Processing (Oil Mill and Cattle Feed Manufacturing
Renewable Energy
Agro & Food Processing (Dehydrated Onions)
Manufacturing (TMT Bar)
Manufacturing (TMT Bar) & Renewable Energy
KPI Green Energy
Manufacturing (Brown Paper
Chemical
FMCG & Food Processing (Peanut Butter)
|
Real Estate (Commercial) |
|
Renewable Energy |
|
Agro Chemicals Intermediates & API |
Renewable Energy
Real Estate (Residential
Textile & Renewable Energy
Textile & Renewable Energy
|
Renewable Energy |
|
Manufacturing (Solar Module) |
Manufacturing (Engineering Products)
|
Real Estate (Commercial) |
Pharmaceuticals
Food Processing (Hashbrown Manufacturing)
|
Manufacturing (Copper Clad Laminates) |
Crude Oil Extraction
Renewable Energy
Manufacturing (Drone)
Agro & Food Processing (Sugar)
Manufacturing (Solar Module)
Real Estate (Commercial)
Manufacturing (Solar Module)
Food Processing (Potato
|
Manufacturing (Iron & Steel) |
Energy Development & Distribution (Steam)
Pharmaceuticals
Manufacturing (Bright Bars)
Renewable Energy
From Our Clients
Our association with Vivro Financial Services for NBSL’s SME IPO reaffirmed why they are a name of trust in this space. Vivro has built a reputation for backing companies with strong governance, long-term vision, and genuine quality — not just transaction volume — and that philosophy came through in every stage of our engagement. Their team combines deep technical expertise with a well-networked, credible investor base, which ensured NBSL’s IPO was positioned with the right investors from day one. We found them to be professional, meticulous, and genuinely invested in our long-term success as a listed entity.
We sincerely appreciate the professional services provided by Vivro Financial Services Private Limited in successfully managing our Company's Initial Public Offering (IPO). Your team demonstrated exceptional professionalism, sound regulatory knowledge, and strong execution capabilities throughout the pre-IPO, IPO, and post-listing stages. Vivro's timely guidance, efficient coordination with all stakeholders, and commitment to meeting critical timelines contributed significantly to the successful listing of our Company.
We value Vivro's dedication, responsiveness, and expertise and are pleased to recommend Vivro for merchant banking and capital market advisory services. We wish Vivro continued success in all its future endeavours.
What we value most about Vivro is their ability to look at every assignment in the context of our larger business objectives rather than as a standalone transaction. Whether supporting on our Rights Issue or other strategic initiatives, they have consistently brought clarity, perspective, and a solution-oriented approach. Their involvement has always been marked by careful planning, sound judgment, and an unwavering focus on delivering value.
Vivro acted as Manager to our buyback transactions and a clear grasp of the applicable regulatory framework and a disciplined approach to execution. The process was well coordinated, timelines were met, and compliance requirements were addressed thoroughly throughout. We appreciate the responsiveness and practical approach demonstrated by Vivro team over the course of the engagement. Our thanks to you and your team for the support extended during the engagement.
Vivro has been instrumental in the successful execution of our NCD issuances, providing comprehensive support at every stage of the process. Their ability to combine market insight with meticulous execution ensured that each transaction was completed efficiently and in line with our objectives. Beyond managing the transaction, their team remained accessible, responsive, and focused on delivering practical solutions whenever challenges arose. Their commitment to quality, attention to detail, and understanding of the debt capital markets have made them a dependable advisor, and we value the confidence and assurance they bring to every engagement.