Dam Capital Advisors IPO
IPO Listing Details
- Listing Date
27 Dec 2024
- Listing Price
₹392.90
- Listing Change
38.83%
- Last Traded Price
₹415.10
IPO Details
- Open Date
19 Dec 2024
- Close Date
23 Dec 2024
- IPO
Price Range
₹ 269 - ₹ 283
- IPO
Size
₹ 840.25 Cr
- Listing Exchange
BSE, NSE
- Listing Date
27 Dec 2024
IPO Timeline
Dam Capital Advisors IPO Subscription Status
Date | QIB | NII | Retail | TOTAL |
---|---|---|---|---|
19-Dec-24 | 0.01 | 3.73 | 3.92 | 2.78 |
20-Dec-24 | 0.07 | 11.54 | 9.1 | 7.07 |
23-Dec-24 | 166.33 | 98.47 | 26.8 | 81.88 |
Last Updated: 23 December 2024 6:05 PM by 5Paisa
DAM Capital Advisors IPO is set to open on 19 December 2024 and will close on 23 December 2024. DAM Capital Advisors is an Indian investment bank, offers expertise in ECM, M&A, PE, and institutional equities.
The IPO is an offer for sale of 2.97 Cr shares aggregating to ₹840.25 Cr . The price range is set at ₹269 to ₹283 per share and the lot size is 53 shares.
The allotment is scheduled to be finalised on 24 December 2024. It will go public on BSE NSE, with a tentative listing date of 27 December 2024.
Nuvama Wealth Management Ltd is the book running lead manager, while Link Intime India Pvt. Ltd is the registrar.
DAM Capital IPO Size
Types | Size |
---|---|
Total IPO Size | ₹840.25 Cr. |
Offer For Sale | ₹840.25 Cr. |
Fresh Issue | - |
DAM Capital IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 53 | 14,257 |
Retail (Max) | 13 | 689 | 185,341 |
S-HNI (Min) | 14 | 742 | 199,598 |
S-HNI (Max) | 66 | 3,498 | 940,962 |
B-HNI (Min) | 67 | 3,551 | 955,219 |
DAM Capital IPO Reservation
Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)** |
---|---|---|---|---|
QIB | 166.33 | 59,24,182 | 98,53,97,571 | 27,886.75 |
NII (HNI) | 98.47 | 44,43,135 | 43,75,19,399 | 12,381.80 |
Retail | 26.8 | 1,03,67,315 | 27,78,15,135 | 7,862.17 |
*Total | 81.88 | 2,08,04,632 | 1,70,35,38,349 | 48,210.14 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
DAM Capital IPO Anchor Allocation
Anchor Bid Date | 18 December, 2024 |
Shares Offered | 88,86,268 |
Anchor portion Size (In ₹ Cr.) | 251.48 |
Anchor lock-in period end date for 50% shares (30 Days) | 23 January, 2025 |
Anchor lock-in period end date for remaining shares (90 Days) | 24 March, 2025 |
The company will not receive any funds from the Offer. All proceeds, after deducting Offer-related expenses payable by the Selling Shareholders, will be directed to the Selling Shareholders.
DAM Capital Advisors Limited, an Indian investment bank, offers expertise in ECM, M&A, PE, and institutional equities. Since 2019, it has executed 72 ECM transactions, 23 advisory deals, and served 263 global clients. Founded in 1993, it rebranded as DAM Capital in 2020, with a subsidiary in the USA.
Established in: 1993
Managing Director: Mr. Dharmesh Anil Mehta
Peers
ICICI Securities Ltd.
IIFL Capital Services Ltd.
JM Financial Ltd.
Motilal Oswal Financial Services Ltd.
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Revenue | 94.51 | 85.04 | 182 |
EBITDA | 33.13 | 18.23 | 101.06 |
PAT | 21.90 | 8.67 | 70.52 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Total Assets | 166.72 | 1,201.16 | 214.68 |
Share Capital | 14.14 | 14.14 | 14.14 |
Total Borrowings | 1.41 | 3.29 | 4.93 |
Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
---|---|---|---|
Net Cash Generated From / (used in) operating activities | 37.44 | 679.40 | -595.02 |
Net Cash Generated From / (used in) investing activities | -28.40 | -670.78 | 658.22 |
Net Cash Generated From / (used in) financing activities | -3.06 | -4.15 | -4.25 |
Net Increase (Decrease) In Cash And Cash Equivalents | 5.97 | 4.47 | 58.96 |
Strengths
1. Expertise in ECM and advisory services with 72 ECM transactions since 2019.
2. Strong global presence, serving 263 clients across India, USA, UK, and other regions.
3. Comprehensive institutional equities team with 63 employees in research and broking.
4. Diversified service portfolio including M&A, PE, structured finance, and block trades.
5. Wholly-owned subsidiary in the USA, registered as a Broker-Dealer with SEC.
Risks
1. Heavy reliance on ECM and advisory, exposing vulnerability to market fluctuations.
2. Limited operational history under current management since acquisition in 2019.
3. Intense competition from larger, more established investment banking firms.
4. High dependency on institutional equities for revenue generation.
5. Geographic expansion challenges due to resource constraints and regulatory differences.
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FAQs
DAM Capital Advisors IPO opens from 19 December to 23 December 2024.
The size of DAM Capital Advisors IPO is ₹840.25 Cr.
The price of DAM Capital Advisors IPO is fixed at ₹269 to ₹283 per share.
To apply for DAM Capital Advisors IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the DAM Capital Advisors IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of DAM Capital Advisors IPO is 53 shares and the investment required is ₹14,257.
The share allotment date of DAM Capital Advisors IPO is 24 December 2024
The DAM Capital Advisors IPO will be listed on 27 December 2024.
Nuvama Wealth Management Ltd is the book running lead manager for DAM Capital Advisors IPO.
The company will not receive any funds from the Offer. All proceeds, after deducting Offer-related expenses payable by the Selling Shareholders, will be directed to the Selling Shareholders.
Contact Information
Dam Capital Advisors
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 Register
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
Dam Capital Advisors IPO Lead Manager
Nuvama Wealth Management Limited