DAM Capital Advisors IPO Logo

DAM Capital Advisors IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Dec 19 to Dec 23 2024
Price Band ₹269 - 283
Current GMP ₹393 (38.87%)
Subscription 81.88 times

IPO Details

IPO Date
December 19, 2024 to December 23, 2024
Listing Date
Friday, December 27, 2024
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)
Offer for Sale
2,96,90,900 shares of ₹2 (aggregating up to ₹840.25 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE
Share Holding Pre Issue
7,06,86,000 shares
Share Holding Post Issue
7,06,86,000 shares

IPO Subscription Details

Anchor Investors
1
Qualified Institutions
166.33
Non-Institutional Buyers
98.47
bNII (bids above ₹10L)
102.21
sNII (bids below ₹10L)
91
Retail Investors
26.8
Employees
40.09
Total **
81.88

Day Wise Sub

DayDay 1 Dec 19, 2024
QIB0.01
NII3.74
NII (> ₹10L)2.74
NII (< ₹10L)5.74
Retail3.95
EMP6.28
Total2.79
DayDay 2 Dec 20, 2024
QIB0.07
NII11.56
NII (> ₹10L)9.33
NII (< ₹10L)16.02
Retail9.16
EMP13.42
Total7.1
DayDay 3 Dec 23, 2024
QIB166.33
NII98.47
NII (> ₹10L)102.21
NII (< ₹10L)91
Retail26.8
EMP40.09
Total81.88

Day Wise GMP

Date27-12-2024
Price283.00
GMP143(50.53%)
Estimate List Price426
Date26-12-2024
Price283.00
GMP143(50.53%)
Estimate List Price426
Date25-12-2024
Price283.00
GMP155(54.77%)
Estimate List Price438
Date24-12-2024
Price283.00
GMP170(60.07%)
Estimate List Price453
Date23-12-2024
Price283.00
GMP170(60.07%)
Estimate List Price453
Date22-12-2024
Price283.00
GMP160(56.54%)
Estimate List Price443
Date21-12-2024
Price283.00
GMP160(56.54%)
Estimate List Price443
Date20-12-2024
Price283.00
GMP160(56.54%)
Estimate List Price443
Date19-12-2024
Price283.00
GMP170(60.07%)
Estimate List Price453
Date18-12-2024
Price283.00
GMP148(52.3%)
Estimate List Price431
Date17-12-2024
Price283.00
GMP108(38.16%)
Estimate List Price391
Date16-12-2024
Price283.00
GMP108(38.16%)
Estimate List Price391
Date15-12-2024
Price
GMP0(0%)
Estimate List Price(0%)
Date14-12-2024
Price
GMP0(0%)
Estimate List Price(0%)
Date13-12-2024
Price
GMP0(0%)
Estimate List Price(0%)
Date12-12-2024
Price
GMP0(0%)
Estimate List Price(0%)

IPO Important Dates

IPO Open Date
Thursday, December 19, 2024
IPO Close Date
Monday, December 23, 2024
Basis of Allotment
Tuesday, December 24, 2024
Initiation of Refunds
Thursday, December 26, 2024
Credit of Shares to Demat
Thursday, December 26, 2024
Listing Date
Friday, December 27, 2024
Cut-off time for UPI mandate confirmation
5 PM on December 23, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares53
Amount₹14,999
ApplicationRetail (Max)
Lots13
Shares689
Amount₹1,94,987
ApplicationS-HNI (Min)
Lots14
Shares742
Amount₹2,09,986
ApplicationS-HNI (Max)
Lots66
Shares3,498
Amount₹9,89,934
ApplicationB-HNI (Min)
Lots67
Shares3,551
Amount₹10,04,933

Financial Information

Period EndedPeriod Ended
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Mar 2024214.68
31 Mar 20231,201.16
31 Mar 2022166.72
Period EndedRevenue
31 Mar 2024182
31 Mar 202385.04
31 Mar 202294.51
Period EndedProfit After Tax
31 Mar 202470.52
31 Mar 20238.67
31 Mar 202221.9
Period EndedNet Worth
31 Mar 2024162.61
31 Mar 202395.13
31 Mar 202287.97
Period EndedReserves and Surplus
31 Mar 2024148.47
31 Mar 202380.99
31 Mar 202273.84
Period EndedTotal Borrowing
31 Mar 20244.93
31 Mar 20233.29
31 Mar 20221.41

IPO Reservation

Investor CategoryAnchor Investor Shares Offered
Shares Offered88,86,268 (29.93%)
Maximum AllotteesNA
Investor CategoryQIB Shares Offered
Shares Offered59,24,182 (19.95%)
Maximum AllotteesNA
Investor CategoryNII (HNI) Shares Offered
Shares Offered44,43,135 (14.96%)
Maximum Allottees
Investor CategorybNII > ₹10L
Shares Offered29,62,090 (9.98%)
Maximum Allottees3,992
Investor CategorysNII < ₹10L
Shares Offered14,81,045 (4.99%)
Maximum Allottees1,996
Investor CategoryRetail Shares Offered
Shares Offered1,03,67,315 (34.92%)
Maximum Allottees1,95,609
Investor CategoryEmployee Shares Offered
Shares Offered70,000 (0.24%)
Maximum AllotteesNA
Investor CategoryTotal Shares Offered
Shares Offered2,96,90,900 (100%)
Maximum Allottees

Information about company

DAM Capital Advisors Limited is an investment bank in India. The company offers a wide range of financial solutions in the areas of: (i) Investment banking comprising equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), and structured finance advisory; and (ii) Institutional equities comprising broking and research. The company has successfully executed 72 ECM transactions comprising 27 IPOs, 16 qualified institutions placements, 6 offers for sale, 6 preferential issues, 4 rights issues, 8 buybacks, 4 open offers and 1 initial public offer of units by a real estate investment trust. (since the Acquisition i.e., November 7, 2019, till October 31, 2024). DAM Capital Advisors Limited has also advised on 23 advisory transactions including M&A A advisory, private equity advisory and structured finance advisory and has also executed block trades since the Acquisition i.e., November 7, 2019, till October 31, 2024. The institutional equities business, as of October 31, 2024, comprises 29 employees in research and 34 employees in the broking team. The company has provided services to 263 active clients including registered FPIs spread across geographies such as India, USA, UK, Europe, Hong Kong, Singapore, Australia, Taiwan, South Korea, Middle East and South Africa. As of October 31, 2024, The company had a team of 121 employees across all businesses. The company's wholly-owned Subsidiary, DAM Capital (USA) Inc. is incorporated in New York, USA and is registered as a Broker-Dealer with the Securities and Exchange Commission. Company's History: The company started its journey in the securities market in 1993 as S.S. Kantilal Ishwarlal Sharebrokers and Investors Private Limited. In 1994, the company rebranded as S.S. Kantilal Ishwarlal Securities Private Limited (SSKIPL). In 2006, Infrastructure Development Finance Company (IDFC) started acquiring SSKIPL, completing the process in 2008. In 2019, the IDFC group sold its entire stake to Dharmesh Anil Mehta and other investors. Following this, in July 2020, the company rebranded as DAM Capital Advisors Limited.

Objectives of IPO

The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.

Disclaimer

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App