DAM Capital Advisors IPO Details
The key details of DAM Capital Advisors’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹840.25 Cr |
| Price Range | ₹269 - ₹283 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 53 |
| Investment (cut-off price) | ₹14,999 |
| Pre IPO Promotor Holding | 45.88% |
| Post IPO Promotor Holding | 41.5% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
DAM Capital Advisors IPO Timelines
The IPO process for DAM Capital Advisors includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
19/12/2024
Start Date23/12/2024
End Date26/12/2024
Refund Initiation26/12/2024
Credit of Shares to Demat Ac27/12/2024
Listing DateDAM Capital Advisors IPO Lot Size
The DAM Capital Advisors IPO has a fixed lot size of 53 shares, at an upper price band of ₹283 per share, requiring ₹14,999 per lot for retail investors. Retail investors can apply for a maximum of 689 shares worth ₹194,987. For Small HNI (S-HNI), the minimum application starts at 742 shares (₹209,986) up to 3,498 shares (₹989,934), while Big HNI (B-HNI) requires a minimum of 3,551 shares amounting to ₹1,004,933.
| 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 |
| S-HNI Maximum | 66 | 3498 | ₹9,89,934 |
| B-HNI Minimum | 67 | 3551 | ₹10,04,933 |
DAM Capital Advisors IPO Subscription Status
The subscription status for DAM Capital Advisors IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 166.33x | 98.47x | 26.80x | 40.09x | 81.88x |
IPO Performance on Listing Day
On the listing day (December 27, 2024), International Gemmological Institute (IGI) made a strong debut on the stock exchange. The stock opened at ₹393, delivering an impressive premium of 38.8% over its issue price of ₹283.
During the trading session, the stock showed robust momentum, touching a high of ₹456.90 while maintaining support above its opening price with a low of ₹392.95. IGI shares ended their first trading day at ₹415.10, securing a solid gain of 46.7% over the issue price, demonstrating significant investor confidence in the company.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹393 | ₹415.10 | ₹456.90 | ₹392.95 |
DAM Capital Advisors IPO Company Financials
DAM Capital Advisors reports robust performance in FY2024 with Total Income of ₹180.04 crores, managing expenses at ₹86.53 crores, and achieving a strong PAT (Profit After Tax) of ₹70.52 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹93.37 | ₹66.46 | ₹21.9 |
| FY 2023 | ₹84.93 | ₹73.18 | ₹8.67 |
| FY 2024 | ₹180.04 | ₹86.53 | ₹70.52 |
About Company
DAM Capital is one of India’s fastest-growing investment banks, with a revenue CAGR from Fiscal 2022 to 2024 and the highest profit margin among peers in Fiscal 2024. It holds a 12.1% market share in IPOs and QIPs for Fiscal 2024, offering services in equity capital markets, M&A, private equity, and structured finance advisory. The firm leverages its sector expertise and team experience to deliver strategic capital market solutions to a diverse clientele, including corporates, financial sponsors, and institutional investors. Since its acquisition till July 2024, it has executed 67 ECM transactions and 20 advisory deals while expanding its broking and research presence.
As of July 31, 2024, DAM Capital has a robust institutional equities business with 27 employees in research and 33 in broking, serving 257 active clients, including FPIs across multiple geographies. Its team grew from 92 employees in Fiscal 2022 to 111 in Fiscal 2024, showcasing its consistent expansion. The firm continues to focus on India’s dynamic capital markets, enhancing its reputation as a leader in financial advisory and investment banking.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 1993 | Finance | Dharmesh Mehta |
Know Before Investing
DAM Capital Advisors IPO Strengths
- Achieved 38.77% income CAGR and 79.46% profit CAGR (FY22-FY24).
- Holds 12.1% share in IPOs and QIPs in FY24.
- Offers ECM, M&A, PE advisory, and structured finance.
- Covers 161 companies across 20 sectors for institutional clients.
- Executed key M&A deals, including Glenmark Life Sciences.
- Led by professionals with 18+ years of transaction experience.
DAM Capital Advisors IPO Risks
- Economic downturns can disrupt IPOs and revenue flow.
- Faces pressure from domestic and global investment banks.
- Compliance shifts may impact operations and profitability.
- Rising competition risks lower margins on banking services.
- Dependence on key professionals poses retention challenges.
Swot Analysis for DAM Capital Advisors IPO
Strengths
Fast Growth, Market Leader, Diverse Services, Strong Research Team
Weaknesses
Limited Global Reach, Small Team Size
Opportunities
Expanding Capital Markets, New Business Verticals, Emerging Sectors
Threats
Intense Competition, Economic Fluctuations, Regulatory Compliance Risks
Company Details
DAM CAPITAL ADVISORS LIMITED
PG-1, Ground Floor, Rotunda
Building, Dalal Street, Fort, Mumbai
400 001, Maharashtra, India
E-mail: compliance@damcapital.in
Phone: +91 22 4202 2500
Website: www.damcapital.in
IPO Registar Details
Link Intime India Private Limited
Phone: +91 810 811 4949
E-mail: damcapital.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
FAQs
The key objectives of DAM Capital Advisors IPO are:
- The company will not receive any proceeds from the Offer for Sale by the Selling Shareholders.
Nuvama Wealth Management Limited is the book-running lead managers for the DAM Capital Advisors IPO.