DAM Capital Advisors IPO Details: The DAM Capital Advisors IPO is set to open on December 19, 2024, and will close on December 23, 2024. This Book Built Issue aims to raise approximately ₹840.25 crores, consisting of a fresh issue of ₹[.] crores and an offer for sale of up to 2,96,90,900 equity shares with a face value of ₹2 each.
The price band for the DAM Capital Advisors IPO is ₹269 to ₹283 per share. The allocation includes 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The IPO is expected to list on the NSE on December 27, 2024, with allotment results available by December 24, 2024.
In its latest financials, DAM Capital Advisors reported a revenue of ₹180.04 crores in 2024, up from ₹84.93 crores in 2023. The company also posted a profit of ₹70.52 crores in 2024, a significant increase from ₹8.67 crores in the previous year. Based on these strong financials, investors may consider applying for the IPO with a long-term perspective.
DAM Capital Advisors IPO Objectives:
The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.
DAM Capital Advisors IPO Review (Apply or Not)
- Apply
DAM Capital Advisors IPO Date & Price Band Details:
| IPO Open Date: | December 19, 2024 |
| IPO Close Date: | December 23, 2024 |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹269 to ₹283 Per Share |
| Issue Size: | Approx ₹ 840.25Crores |
| Offer for Sale: | Approx 2,96,90,900 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
DAM Capital Advisors IPO Lot Size:
The minimum market lot for the DAM Capital Advisors IPO is 53 shares, requiring an application amount of ₹14,999. Retail investors can apply for up to 13 lots, totaling 689 shares, with an investment of ₹1,94,987.
| 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 Timeline:
The DAM Capital Advisors IPO will open on December 19, 2024, and close on December 23, 2024. The IPO allotment will be finalized on December 24, 2024, with the listing scheduled for December 27, 2024.
| 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 |
DAM Capital Advisors IPO GMP Today:
The latest GMP for the DAM Capital Advisors IPO is ₹170. With the upper price band of ₹283.00, the estimated listing price for the IPO is ₹453 (cap price plus today’s GMP). This indicates an expected potential gain of 60.07% per share.
Promoters of DAM Capital Advisors IPO
The promoters of DAM Capital Advisors Limited are Dharmesh Anil Mehta, Sonali Dharmesh Mehta, and Boombucket Advisors Private Limited.
About DAM Capital Advisors IPO
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 investment banking (equity capital markets, mergers and acquisitions, private equity, and structured finance advisory) and institutional equities (broking and research). DAM Capital focuses primarily on the rapidly growing Indian capital market.
As of July 31, 2024, the company has completed 67 ECM transactions, which include 26 initial public offerings, 15 qualified institutional placements, 5 offers for sale, 6 preferential issues, 3 rights issues, 7 buybacks, 4 open offers, and 1 initial public offering of units by a real estate investment trust. Additionally, DAM Capital has provided advisory services for 20 transactions, including mergers and acquisitions, private equity, and structured finance advisory, as well as executed block trades.
In its latest financials, DAM Capital reported a 114% increase in revenue and a remarkable 713% growth in profit after tax (PAT) as of March 31, 2024.
DAM Capital Advisors IPO Company Financial Report
The company reported revenue of ₹180.04 crores in 2024 against ₹84.93 crore in 2023. The company reported profit of ₹70.52 crores in 2024 against profit of ₹8.67 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹94.51 | ₹66.46 | ₹21.9 | ₹166.72 |
| 2023 | ₹85.04 | ₹73.18 | ₹8.67 | ₹1,201.16 |
| 2024 | ₹182 | ₹86.53 | ₹70.52 | ₹214.68 |
| September 2024 | ₹109.58 | ₹51.01 | ₹43.78 | ₹257.45 |
DAM Capital Advisors IPO Valuation – FY2024
Check DAM Capital Advisors IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| 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. |
DAM Capital Advisors IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: damcapital.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Nuvama Wealth Management Limited
Company Address
DAM Capital Advisors Limited
PG-1, Ground Floor,
Rotunda Building, Dalal Street,
Fort, Mumbai 400001,
Phone: +91 22 4202 2500
Email: compliance@damcapital.in
Website: https://www.damcapital.in/
DAM Capital Advisors IPO FAQs
What is DAM Capital Advisors IPO?
The DAM Capital Advisors IPO is a main-board offering where the company plans to raise ₹840.25 crores. The issue is priced between ₹269 and ₹283 per equity share and will be listed on both BSE and NSE.
When will the DAM Capital Advisors IPO open for subscription?
The DAM Capital Advisors IPO will open for subscription on December 19, 2024, and close on December 23, 2024, for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Investors.
What is the investor portion for DAM Capital Advisors IPO?
The investor allocation for the DAM Capital Advisors IPO is as follows: 50% for QIBs, 15% for NIIs, and 35% for Retail Investors.
How to apply for DAM Capital Advisors IPO?
You can apply for the DAM Capital Advisors IPO through ASBA online via your bank account. Alternatively, you can apply through UPI via your stockbroker or by filling out an offline form through your stockbroker.
What is the issue size of DAM Capital Advisors IPO?
The total issue size of the DAM Capital Advisors IPO is ₹840.25 crores.
What is the price band for DAM Capital Advisors IPO?
The price band for the DAM Capital Advisors IPO is ₹269 to ₹283 per share.
What is the lot size for DAM Capital Advisors IPO?
The minimum bid size for the DAM Capital Advisors IPO is 53 shares, amounting to ₹14,999.
What is the allotment date for DAM Capital Advisors IPO?
The allotment date for the DAM Capital Advisors IPO is December 24, 2024.
What is the listing date for DAM Capital Advisors IPO?
The DAM Capital Advisors IPO is expected to be listed on December 27, 2024, on both the BSE and NSE.
