DAM Capital Advisors IPO is set to open on December 19, 2024, and will close on December 23, 2024. The DAM Capital Advisors IPO is a Book Built Issue, aiming to raise approximately ₹840.25 crores. This includes a fresh issue of ₹[.] crores and an offer for sale of up to 2,96,90,900 equity shares. The face value of each share is ₹2.
DAM Capital Advisors IPO Price band is set between ₹269 to ₹283 per share. The quota allocation is 35% for Retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for Non-Institutional Investors (HNI). DAM Capital Advisors IPO is scheduled to list on NSE on December 27, 2024, with the allotment announcement on December 24, 2024.
The company reported revenue of ₹180.04 crores in 2024, compared to ₹84.93 crores in 2023. It posted a Profit of ₹70.52 crores in 2024, compared to a Profit of ₹8.67 crores in 2023. Based on the financials, IPO investors are advised to apply for the IPO for gains in the long term.
- DAM Capital Advisors IPO Details
- DAM Capital Advisors IPO Market Lot
- DAM Capital Advisors IPO Dates
- About DAM Capital Advisors
- Promoters of DAM Capital Advisors
- DAM Capital Advisors IPO Financial Report
- Key Performance Indicator
- Peer Group Comparison
- Objective of the Issue
- DAM Capital Advisors IPO GMP (Grey Market Premium)
- DAM Capital Advisors Subscription Status
- DAM Capital Advisors Allotment Status
- IPO Registrar
- IPO Lead Managers
- DAM Capital Advisors Contact
- FAQs
DAM Capital Advisors IPO Details
| Overview Points | Description |
|---|---|
| Company Name | DAM Capital Advisors Limited |
| Industry | Financial Services |
| IPO Issue Type | Book Built Issue |
| Open Date | December 19, 2024 |
| Close Date | December 23, 2024 |
| Total Issue Size | Approx ₹840.25 Crores |
| Fresh Issue | Approx ₹[.] Crores |
| Face Value | ₹2 Per Equity Share |
| Price Band | ₹269 to ₹283 Per Share |
| Listing on | BSE & NSE |
| Lot Size | 53 Shares Per Lot |
| Offer for Sale | Approx 2,96,90,900 Equity Shares |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
DAM Capital Advisors IPO Market Lot
DAM Capital Advisors IPO has a minimum lot size of 53 shares, with an amount of ₹14,999.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 53 | ₹14,999 |
| Retail Maximum | 13 | 689 | ₹1,94,987 |
| S-HNI Minimum | 14 | 742 | ₹2,09,986 |
| B-HNI Minimum | 68 | 3,604 | ₹10,19,932 |
DAM Capital Advisors IPO Dates
DAM Capital Advisors IPO opens on December 19, 2024, and closes on December 23, 2024. The allotment will be announced on December 24, 2024, and the IPO will be listed on December 27, 2024.
| Event | Date |
|---|---|
| IPO Open Date | December 19, 2024 |
| IPO Close Date | December 23, 2024 |
| Basis of Allotment | December 24, 2024 |
| Refunds | December 26, 2024 |
| Credit to Demat Account | December 26, 2024 |
| IPO Listing Date | December 27, 2024 |
About DAM Capital Advisors
Founded on May 7, 1993, DAM Capital Advisors Limited is one of India’s leading investment banks. The company offers a range of financial services, including equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), and structured finance advisory. It also provides institutional equities services, including broking and research. DAM Capital’s primary focus is on the Indian capital market, one of the fastest-growing markets globally.
As of July 31, 2024, DAM Capital has successfully executed 67 ECM transactions, including 26 initial public offerings (IPOs), 15 qualified institutional placements (QIPs), 5 offers for sale (OFS), 6 preferential issues, 3 rights issues, 7 buybacks, 4 open offers, and 1 IPO of units by a real estate investment trust (REIT). Additionally, DAM Capital has advised on 20 transactions, including M&A advisory, private equity advisory, and structured finance advisory, and has facilitated block trades.
As of March 31, 2024, DAM Capital reported a 114% increase in revenue, with profit after tax (PAT) surging by 713%.
Promoters of DAM Capital Advisors
- MR. Dharmesh Anil Mehta
- MRS. Sonali Dharmesh Mehta
- Boombucket Advisors Private Limited.
DAM Capital Advisors IPO Financial Report
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 214.68 | 1,201.16 | 166.72 |
| Revenue | 182 | 85.04 | 94.51 |
| Profit After Tax | 70.52 | 8.67 | 21.9 |
| Net Worth | 162.61 | 95.13 | 87.97 |
| Reserves and Surplus | 148.47 | 80.99 | 73.84 |
| Total Borrowing | 4.93 | 3.29 | 1.41 |
| Amount in ₹ Crores | |||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 54.72% |
| ROCE | NA |
| EBITDA Margin | 66.8% |
| PAT Margin | 38.75% |
| Debt to equity ratio | NA |
| Earning Per Share (EPS) | ₹9.98 (Basic) |
| Price/Earning P/E Ratio | NA |
| Return on Net Worth (RoNW) | 43.37% |
| Net Asset Value (NAV) | ₹23 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| ICICI Securities Limited | 52.51 | 15.40 | 43.25 | 121.40 | 50,511.00 Cr. |
| IIFL Securities Limited | 16.73 | 16.68 | 28.71 | 58.09 | 22,312.87 Cr. |
| JM Financial Limited | 4.29 | 21.43 | 0.25 | 115.70 | 48,321.60 Cr |
| Motilal Oswal Financial Services Limited | 41.16 | 16.64 | 27.89 | 147.12 | 71,305.20 Cr. |
Objective of the Issue
- The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.
DAM Capital Advisors IPO GMP (Grey Market Premium)
To check real-time Grey Market Premium (GMP on IPO) of DAM Capital Advisors, please visit the IPO GMP page.
DAM Capital Advisors Subscription Status
This IPO subscription kicks off on December 19, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
DAM Capital Advisors Allotment Status
To check the DAM Capital Advisor’s IPO allotment status, visit the IPO register website Link Intime or go to the IPO Allotment page.
IPO Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: damcapital.ipo@linkintime.co.in
Website: www.linkintime.co.in
IPO Lead Managers
NUVAMA WEALTH MANAGEMENT LIMITED
801-804, Wing A, Building No 3, Inspire BKC,
G Block, Bandra Kurla Complex, Bandra East,
Mumbai – 400 051
Phone: +91 22 4009 4400
Email: dcal.ipo@nuvama.com
Website: www.nuvama.com
DAM Capital Advisors Contact
DAM CAPITAL ADVISORS LIMITED
One BKC, Tower C, 15th Floor, Unit No. 1511,
Bandra Kurla Complex, Bandra (East),
Mumbai 400 051 Maharashtra, India
Phone: +91 22 4202 2500
Email: compliance@damcapital.in
Website: www.damcapital.in
FAQs
What is the DAM Capital Advisor’s IPO?
DAM Capital Advisor’s is raising ₹840.25 crores through a main-board IPO, priced between ₹269 and ₹283 per share. The IPO will be listed on BSE and NSE.
When will the IPO open for subscription?
The IPO opens on December 19, 2024, and closes on December 23, 2024, for QIB, NII, and Retail Investors.
What is the investor portion for the IPO?
- QIB: 50%
- NII: 15%
- Retail: 35%
How to apply for the DAM Capital Advisor’s IPO?
You can apply via ASBA online through your bank account or UPI via your stock broker. Offline applications can also be made through stock brokers using the form.
What is the issue size of the DAM Capital Advisor’s IPO?
The issue size of the IPO is ₹840.25 crores.
Note: DAM Capital Advisor’s IPO price band and date have been officially announced. DAM Capital Advisor’s IPO Grey Market Premium (GMP) will be added to the IPO GMP page as soon as it becomes available.
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