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DAM Capital Advisors Limited IPO (DAM Capital Advisors Limited IPO) Details

DAM Capital Advisors Limited

DAM Capital Advisors Limited IPO's overview

DAM Capital Advisors Limited IPO is a book built issue of ₹1680.50 Cr (16,80,50,49,400). The issue is a combination of fresh issue of 2.97 Cr (2,96,90,900) shares aggregating to ₹840.25 Cr (8,40,25,24,700) and offer for sale of 2.97 Cr (2,96,90,900) shares aggregating to ₹840.25 Cr (8,40,25,24,700).

DAM Capital Advisors Limited IPO is open for subscription on Dec 19, 2024 and closes on Dec 23, 2024. The allotment for DAM Capital Advisors Limited IPO is expected to be finalized on Dec 24, 2024. The shares will list on NSE, BSE with tentative listing date fixed as Dec 27, 2024.

DAM Capital Advisors Limited IPO price band is set at ₹269 to ₹283 per share. The minimum lot size for an application is 53 Shares. The minimum amount of investment required by retail investors is ₹14,257.

Refer to DAM Capital Advisors Limited IPO RHP for detailed information.

  • IPO date

    Dec 19,2024 - Dec 23,2024

  • Listing Date

    Dec 27,2024

  • Face value

    2

  • Price Band

    269 to ₹283 per share

  • Lot

    53 Shares

  • Total Issue Size

    5.94 Cr (5,93,81,800)

    aggregating up to 1680.50 Cr (16,80,50,49,400)

  • Fresh Issue

    2.97 Cr (2,96,90,900)

    aggregating up to ₹840.25 Cr (8,40,25,24,700)

  • Offer for sale

    2.97 Cr (2,96,90,900)

    aggregating up to ₹840.25 Cr (8,40,25,24,700)

  • Issue Type

    Book Building

  • IPO Type

    Main Board
  • Listing At

    NSEBSE

  • Pre Issue Size

    7.07 Cr (7,06,86,000)

  • Post Issue Size

    10.04 Cr (10,03,76,900)

  • Thu, Dec 19, 2024

    IPO Open

  • Mon, Dec 23, 2024

    IPO Close

  • Tue, Dec 24, 2024

    Basis of Allotment

  • Thu, Dec 26, 2024

    Initiation of Refunds

  • Thu, Dec 26, 2024

    Credit of Shares to Demat

  • Fri, Dec 27, 2024

    Listing

DAM Capital Advisors Limited IPO Day-wise IPO GMP Trend

DAM Capital Advisors Limited IPO last GMP is ₹137, last updated Dec 26,2024. With the price band of 283.00, DAM Capital Advisors Limited IPO's estimated listing price is ₹420 (cap price + today's GMP).The expected percentage gain/loss per share is 48.41%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
26-Dec-24283.00137
420(48.41%)26-Dec-2024 15:28
25-Dec-24283.00155
438(54.77%)25-Dec-2024 22:27
24-Dec-24283.00170
453(60.07%)24-Dec-2024 22:25
23-Dec-24283.00170
453(60.07%)23-Dec-2024 22:31
22-Dec-24283.00160
443(56.54%)22-Dec-2024 22:24
21-Dec-24283.00160
443(56.54%)21-Dec-2024 22:23
20-Dec-24283.00160
443(56.54%)20-Dec-2024 22:31
19-Dec-24283.00170
453(60.07%)19-Dec-2024 22:25
18-Dec-24283.00148
431(52.30%)18-Dec-2024 22:25
17-Dec-24283.00108
391(38.16%)17-Dec-2024 22:32
16-Dec-24283.00108
391(38.16%)16-Dec-2024 17:54
15-Dec-240
(0.00%)15-Dec-2024 05:03
14-Dec-240
(0.00%)14-Dec-2024 05:03
13-Dec-240
(0.00%)13-Dec-2024 05:03
12-Dec-240
(0.00%)12-Dec-2024 15:32

DAM Capital Advisors Limited IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

15314,999

Retail(Max)

136891.95 Lakh (1,94,987)

SHNI(Min)

147422.10 Lakh (2,09,986)

SHNI(Max)

663,4989.90 Lakh (9,89,934)

BHNI(Min)

673,55110.05 Lakh (10,04,933)

DAM Capital Advisors Limited IPO Financial Information (Restated Consolidated)

LabelMar 31, 2024Mar 17, 2023Mar 31, 2022
Assets214.681,201.16166.72
Revenue18285.0494.51
Profit After Tax70.528.6721.9
Net Worth162.6195.1387.97
Reserves and Surplus148.4780.9973.84
Total Borrowing4.933.291.41
DAM Capital Advisors Limited Financial Information

About DAM Capital Advisors Limited

Founded: May 7, 1993
Industry: Investment Banking and Financial Services
Current Name: DAM Capital Advisors Limited (Rebranded in July 2020)


Core Business Segments

  1. Investment Banking Services

    • Equity Capital Markets (ECM):
      • Initial Public Offerings (IPOs)
      • Qualified Institutions Placements (QIPs)
      • Offers for Sale (OFS)
      • Preferential Issues
      • Rights Issues
      • Buybacks
      • Open Offers
      • Real Estate Investment Trust (REIT) IPOs
    • Advisory Services:
      • Mergers and Acquisitions (M&A)
      • Private Equity (PE)
      • Structured Finance Advisory
    • Block Trade Execution
  2. Institutional Equities

    • Broking Services
    • Research Services

Key Achievements

As of July 31, 2024

  • Successfully executed 67 ECM transactions, including:
    • 26 IPOs
    • 15 QIPs
    • 5 OFS
    • 6 Preferential Issues
    • 3 Rights Issues
    • 7 Buybacks
    • 4 Open Offers
    • 1 REIT IPO
  • Advised on 20 advisory transactions, including M&A advisory, private equity advisory, and structured finance advisory.

Since Acquisition (November 7, 2019) to October 31, 2024

  • Completed 72 ECM transactions, comprising:
    • 27 IPOs
    • 16 QIPs
    • 6 OFS
    • 6 Preferential Issues
    • 4 Rights Issues
    • 8 Buybacks
    • 4 Open Offers
    • 1 REIT IPO
  • Advised on 23 advisory transactions, including M&A advisory and private equity advisory, and executed block trades.

Financial Performance (As of March 31, 2024)

  • Revenue Growth: 114% increase
  • Profit After Tax (PAT): 713% increase

Global Reach

DAM Capital serves 263 active clients, including registered Foreign Portfolio Investors (FPIs) across geographies:

  • India
  • USA
  • UK
  • Europe
  • Hong Kong
  • Singapore
  • Australia
  • Taiwan
  • South Korea
  • Middle East
  • South Africa

Team Strength (As of October 31, 2024)

  • Total Employees: 121
  • Research Team: 29 employees
  • Broking Team: 34 employees

Subsidiary

  • DAM Capital (USA) Inc.
    • Incorporated in New York, USA.
    • Registered as a Broker-Dealer with the Securities and Exchange Commission (SEC).

Company's History

  1. 1993: Established as S.S. Kantilal Ishwarlal Sharebrokers and Investors Private Limited.
  2. 1994: Rebranded as S.S. Kantilal Ishwarlal Securities Private Limited (SSKIPL).
  3. 2006-2008:
    • IDFC Group acquired SSKIPL, completing the acquisition in 2008.
  4. 2019: IDFC Group divested its stake to Dharmesh Anil Mehta and other investors.
  5. July 2020: Rebranded as DAM Capital Advisors Limited.

Competitive Strengths

  1. Strong Presence in Indian Capital Markets:

    • Expertise in ECM and advisory services for a rapidly growing Indian market.
  2. Diverse Transaction Portfolio:

    • Proven track record of executing IPOs, QIPs, and buybacks.
  3. Global Client Base:

    • A diverse set of FPIs and institutional clients across 11+ geographies.
  4. Experienced Team:

    • Specialized research and broking teams to deliver value-driven insights.
  5. Rapid Financial Growth:

    • Strong revenue growth (114%) and exceptional PAT increase (713%) showcase operational efficiency and robust market demand.

Future Outlook

DAM Capital Advisors Limited is well-positioned to benefit from the fast-paced growth of the Indian capital markets. By leveraging its expertise in ECM, M&A advisory, and institutional equities, along with a global client base and strong financial growth, the company is on a trajectory to further solidify its position as a leading investment bank in India and expand its international footprint.

DAM Capital Advisors Limited IPO's documents

DAM Capital Advisors Limited Contact Details

PG-1, Ground Floor,
Rotunda Building, Dalal Street,
Fort, Mumbai 400001,
Phone: +91 22 4202 2500
Email: [email protected]
Website: https://www.damcapital.in/

DAM Capital Advisors Limited IPO's Promoters

The promoters of the company are Dharmesh Anil Mehta, Sonali Dharmesh Mehta and Boombucket Advisors Private Limited.

DAM Capital Advisors Limited IPO Registrar