DAM Capital Advisors IPO is a book built issue of Rs 840.25 crores. The issue is entirely an offer for sale (OFS) of 2.97 crore shares. The company’s entry into the IPO segment marks a significant step toward expanding its market presence and attracting new investors.
The IPO will be open for subscription from December 19, 2024, to December 23, 2024, with the allotment expected on December 24, 2024. The company is set to list on the BSE and NSE with a tentative listing date of December 27, 2024.
DAM Capital Advisors IPO price band is set at ₹269 to ₹283 per share. The minimum lot size for an application is 53. The minimum amount of investment required by retail investors is ₹14,999. The minimum lot size investment for sNII is 14 lots (742 shares), amounting to ₹2,09,986, and for bNII, it is 67 lots (3,551 shares), amounting to ₹10,04,933.
Nuvama Wealth Management Limited is the book running lead manager of the DAM Capital Advisors IPO, while Link Intime India Private Ltd is the registrar for the issue.
Step-by-Step Instructions to Apply for the DAM Capital Advisors IPO!
DAM Capital Advisors BSE, NSE IPO Details
| Detail | Information |
| IPO Opening Date | December 19 2024 |
| IPO Closing Date | December 23, 2024 |
| Listing Date | December 27, 2024 |
| IPO Face Value | ₹2 per share |
| Price Band | ₹269 to ₹283 per share |
| Lot Size | 53 Shares |
| Total Issue Size | 2,96,90,900 shares(aggregating up to ₹840.25 Cr) OFS |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Shareholding Pre-Issue | 7,06,86,000 shares |
| Shareholding Post-Issue | 7,06,86,000 shares |
DAM Capital Advisors Limited | Company Overview
DAM Capital Advisors Limited is a prominent investment bank in India, providing various financial solutions across investment banking and institutional equities. The investment banking division focuses on equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), and structured finance advisory, while the institutional equities segment offers broking and research services.
Since its acquisition on November 7, 2019, and up to October 31, 2024, DAM Capital Advisors Limited has successfully executed 72 equity capital market transactions. These include 27 initial public offerings, 16 qualified institutions placements, 6 offers for sale, 6 preferential issues, 4 rights issues, 8 buybacks, 4 open offers, and 1 initial public offering of units by a real estate investment trust. Additionally, the firm has advised on 23 transactions, encompassing mergers and acquisitions advisory, private equity advisory, and structured finance advisory, while executing block trades during this period.
DAM Capital Advisors Limited IPO – Key Details
- DAM Capital Advisors Limited IPO Open Date: December 19, 2024
- DAM Capital Advisors Limited IPO Close Date: December 23, 2024
- Basis of Allotment: December 24, 2024
- Initiation of Refunds: December 26, 2024
- DAM Capital Advisors Limited IPO Listing Date: December 27, 2024
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Financial Highlights of DAM Capital Limited
DAM Capital Advisors Limited’s revenue increased by 114% and profit after tax (PAT) rose by 713% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | Assets (₹ Lakh) | Revenue (₹ Lakh) | Profit After Tax (₹ Lakh) | Net Worth (₹ Lakh) |
|---|---|---|---|---|
| 31 Mar 2024 | 214.68 | 182 | 70.52 | 162.61 |
| 31 Mar 2023 | 1,201.16 | 85.04 | 8.67 | 95.13 |
| 31 Mar 2022 | 166.72 | 94.51 | 21.9 | 87.97 |
FAQs | DAM Capital Advisors IPO
The DAM Capital Advisors Limited IPO opens for subscription on December 19, 2024, and closes on December 23, 2024.
The minimum lot size is 53 shares.
The IPO launch date is December 19, 2024.
You can check the allotment of IPO status as well as IPO refund status by visiting the registrar’s website and entering your application details.
The bidding period is from December 19 to December 23, 2024.
The face value is ₹2 per share.
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Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.