DAM Capital Advisors is one of the fastest growing investment bank in India by revenue. It is one of the leading investment banks in India with 12.1% market share based on number of IPO offerings. The company offers a range of investment banking services in equity capital market (ECM), mergers & acquisitions, private equity, structured finance advisory, and institutional equities. It has served 257 active clients including FPIs across India, USA, UK, Europe, Singapore, Hong Kong, Australia, Taiwan, South Korea, Middle East and South Africa.
DAM Capital Advisors IPO open date is December 19, 2024 and the IPO will close on December 23, 2024. DAM Capital Advisors IPO price band is ₹269 to ₹283 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%.
DAM Capital Advisors IPO to list on NSE on December 27, 2024. The allotment of DAM Capital Advisors IPO date is December 24, 2024. 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.
DAM Capital Advisors IPO 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 |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
DAM Capital Advisors IPO Timeline
The DAM Capital Advisors IPO date is December 19, 2024 and the close date is December 23, 2024 . The DAM Capital Advisors IPO allotment will be finalized on December 24, 2024 and the IPO listing on 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 Lots
| IPO Activity | Date |
|---|---|
| Issue Price | ₹269.00-283.00 |
| Market Lot: | 53 Shares |
| 1 Lot Amount: | ₹14999 |
| Min Small HNI Lots(2-10 Lakh): | 742 shares (14 lots) – ₹209986 |
| Min Big HNI Lots(10+ Lakh): | 3551 shares (67 lots) – ₹1004933 |
DAM Capital Advisors Limited: Key Financial Metrics and Insights
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.
| 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 |
