DAM Capital Advisors Ltd
CLOSEDIPO Date: 19 Dec - 23 Dec 2024
Listing Date: 27 Dec 2024
Price Range
₹269 to ₹283 per share
Issue Size
840.25 Cr
Min Investment
₹14,257
Lot Size
53 Shares
Schedule of DAM Capital Advisors Ltd
Issue open date
19 Dec 2024
Issue close date
23 Dec 2024
UPI mandate deadline
23 Dec 2024 (5 PM)
Allotment finalization
24 Dec 2024
Share credit
26 Dec 2024
Listing date
27 Dec 2024
Mandate end date
7 Jan 2025
Issue size
Funds Raised in the IPO | Amount |
---|---|
Overall | 840.25 Cr |
Fresh Issue | 0 Cr |
Offer for Sale | 0 Cr |
Allotment DetailsNew
Allotment Timeline | Details |
---|---|
Allotment Date | 24 Dec 2024 |
Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
Date | Ipo Price | GMP | Estimated Listing Price |
---|---|---|---|
28 Dec 2024 | ₹283 | ₹143 | ₹426 (50.53%) |
27 Dec 2024 | ₹283 | ₹143 | ₹426 (50.53%) |
26 Dec 2024 | ₹283 | ₹155 | ₹438 (54.77%) |
25 Dec 2024 | ₹283 | ₹170 | ₹453 (60.07%) |
24 Dec 2024 | ₹283 | ₹170 | ₹453 (60.07%) |
23 Dec 2024 | ₹283 | ₹160 | ₹443 (56.54%) |
22 Dec 2024 | ₹283 | ₹160 | ₹443 (56.54%) |
21 Dec 2024 | ₹283 | ₹160 | ₹443 (56.54%) |
20 Dec 2024 | ₹283 | ₹170 | ₹453 (60.07%) |
19 Dec 2024 | ₹283 | ₹148 | ₹431 (52.3%) |
18 Dec 2024 | ₹283 | ₹108 | ₹391 (38.16%) |
Performance DAM Capital Advisors Ltd
Issue Price | Listing Gain | Current Market Price | P/L |
---|---|---|---|
₹269 to ₹283 per share | ₹ 1457 (46.68%) | ₹ 223.5 | -21.02% |
About DAM Capital Advisors Ltd
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.
Founded in | 1993 |
Managing director | Dharmesh Anil Mehta (Chairman and Managing Director), Pratik Ramesh Mehta (Executive Director), Jayesh Rajendra Doshi (Non-Executive Director), Pravin Kumar Agarwal (Non-Executive Director), Abhishek Subhash Kshirsagar (Non-Executive Director) |
Parent organization |
Financial Overview
Strengths
Risks
Subscription Figures
Category | Subscription (No. of times) |
---|---|
Qualified Institutional Buyers (QIBs) | 166.33 |
Non-Institutional Investors (NIIs) | 98.47 |
Retail Individual Investors (RIIs) | 26.8 |
Employee | 40.09 |
Total | 81.88 |