DAM Capital Advisors IPO GMP Today, Date, Price, Subscription Status 

DAM Capital Advisors IPO Overview

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.

Refer to DAM Capital Advisors IPO RHP for detailed information.

DAM Capital Advisors IPO Important dates

DAM Capital Advisors IPO IPO opens on December 19, 2024, and closes on December 23, 2024.

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

DAM Capital Advisors IPO Financial Performance

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.

DAM Capital Advisors IPO Key Performance Indicator

The market capitalization of DAM Capital Advisors IPO is Rs 2000.41 Cr.

KPI as of Sun, Mar 31, 2024.

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 Lot Size

Investors can bid for a minimum of 53 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	53	₹14,999
Retail (Max)	13	689	₹1,94,987
S-HNI (Min)	14	742	₹2,09,986
S-HNI (Max)	66	3,498	₹9,89,934
B-HNI (Min)	67	3,551	₹10,04,933

DAM Capital Advisors IPO Details

IPO Date	December 19, 2024 to December 23, 2024
Listing Date	[.]
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

DAM Capital Advisors IPO Company Overview and Services

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.

DAM Capital Advisors IPO SWOT Analysis

Strengths:

• Fast Growth: DAM Capital is considered one of the fastest-growing investment banks in India, demonstrating strong revenue and profit growth in recent years.
• Market Share in IPOs/QIPs: The company holds a significant market share in IPOs and Qualified Institutional Placements (QIPs) in India, indicating a strong presence in these key segments.
• Diverse Service Offerings: DAM Capital offers a range of financial services, including Equity Capital Markets (ECM), M&A advisory, structured finance, and institutional equities, diversifying its revenue streams.
• Strong Research Capabilities: The company has a dedicated research team covering a wide range of companies and sectors, providing valuable insights to clients.
• Experienced Team: DAM Capital boasts an experienced team with significant industry expertise.
• International Presence: The company has an international presence, serving clients across various regions, including India, the USA, and the UK.

Weaknesses:

• Dependence on Market Conditions: The company’s performance is closely tied to the overall health of the capital markets. A downturn in the market could significantly impact its revenue and profitability.
• Reliance on ECM and Advisory: A significant portion of the company’s revenue is generated from ECM and advisory services, making it vulnerable to fluctuations in these specific segments.
• Limited Operating History Under Current Management: The company has a relatively limited operating history under its current management since its acquisition in 2019.
• Competition: The investment banking industry is highly competitive, with established domestic and international players.

Opportunities:

• Growth in Indian Capital Markets: The Indian capital markets are expected to continue to grow, providing opportunities for DAM Capital to expand its business.
• Increasing Demand for Investment Banking Services: The increasing complexity of financial transactions and the growing need for capital raising are driving demand for investment banking services.
• Focus on Emerging Sectors: The company’s focus on emerging sectors can provide opportunities for growth.
• Expansion of Service Offerings: DAM Capital can further expand its service offerings to cater to a wider range of client needs.

Threats:

• Intense Competition: The investment banking industry is highly competitive, with larger and more established firms posing a significant threat.
• Regulatory Changes: Changes in regulations governing the financial markets could impact the company’s operations.
• Economic Slowdown: An economic slowdown could negatively impact capital market activity and demand for investment banking services.
• Talent Acquisition and Retention: Attracting and retaining top talent in the competitive financial services industry can be challenging.

DAM Capital Advisors IPO GMP Details

 Capital Advisors IPO Subscription Status 

Total Application : 28,30,310

Note:

• *: “Shares Offered” and “Total Amount” are calculated based on the upper price of the issue price range.

• **: The portion of anchor investors (or market makers) is not included in the total number of shares offered.

DAM Capital Advisors IPO Allotment status 

DAM Capital Advisors IPO allotment is expected on Tuesday, December 24, 2024.

DAM Capital Advisors IPO allotment status is not available at this time. DAM Capital Advisors IPO – The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for DAM Capital Advisors Limited IPO allotment status.

To check DAM Capital Advisors IPO allotment status, follow the steps below:

1. Click on the below allotment status check button.
2. Select Company Name.
3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
4. Click on Search.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Link Intime India Private Ltd either by phone or email. Investors can call on +91-22-4918 6270 or send an email with all relevant details to ipo.helpdesk@linkintime.co.in.

DAM Capital Advisors IPO Contact Details

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/

Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.

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