DAM Capital IPO Allotment Status

Summary

DAM Capital Advisors IPO has closed with an exceptional response from investors, achieving a subscription of 81.88 times by December 23, 2024 at 6:19:12 PM (Day 3). The public issue demonstrated strong investor interest across categories, with the Qualified Institutional Buyers (QIB) segment leading with 166.33 times subscription. The Non-Institutional Investors (NII) category showed robust interest with 98.47 times subscription, with bNII at 102.21 times and sNII at 91 times showing substantial enthusiasm. The Retail category achieved 26.8 times subscription, while the Employee portion was subscribed 40.09 times. The Anchor Investors portion was fully subscribed. This book built issue has attracted a total of 47,35,871 applications, indicating exceptional market interest in the company's investment banking and financial services business.

How to Check DAM Capital Advisors IPO Allotment Status:

How to Check DAM Capital Advisors IPO Allotment Status on the Registrar's Site?

• Visit the web portal of Link Intime India Private Ltd (https://linkintime.co.in/initial_offer/)
• From the dropdown menu, select DAM Capital Advisors IPO
• Choose one of the following modes: PAN ID, Demat Account number, or Application number
• Enter the information relevant to the mode you have chosen
• For security purposes, fill out the captcha accurately
• Click "Submit"

How to Check DAM Capital Advisors IPO Allotment Status on BSE/NSE:

• Visit the BSE or NSE website (https://www.bseindia.com/investors/appli_check.aspx)
• Look for the IPO Allotment Status section
• Select "DAM Capital Advisors Limited" from the dropdown menu
• Enter your application number and PAN ID
• Click on 'I am not a robot' and then click "Search"
   

How to Check IPO Allotment Status in a Bank Account:

• Log into your Internet Banking: Go to your bank's website or mobile app and log in.
• Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.
• Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.
• Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.
• Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account? 

• Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).
• Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO.
• Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.
• Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.
• Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

DAM Capital Advisors IPO Timeline:

DAM Capital Advisors IPO Subscription Status

DAM Capital Advisors IPO received 81.88 times subscription with 47,35,871 applications. By December 23, 2024 at 6:19:12 PM (Day 3), the detailed subscription status revealed:

Subscription Day 3 (Final) 

Total Subscription: 81.88 times 
QIB: 166.33 times NII: 98.47 times 
Retail investors: 26.8 times 
Employee: 40.09 times

Subscription Day 2 (December 20, 2024) 

Total Subscription: 7.1 times 
QIB: 0.07 times 
NII: 11.56 times (bNII: 9.33 times, sNII: 16.02 times) 
Retail investors: 9.16 times 
Employee: 13.42 times

Subscription Day 1 (December 19, 2024) 

Total Subscription: 2.79 times 
QIB: 0.01 times 
NII: 3.74 times (bNII: 2.74 times, sNII: 5.74 times) 
Retail investors: 3.95 times 
Employee: 6.28 times
 

DAM Capital Advisors IPO Details 

DAM Capital Advisors's initial public offering (IPO) is a book built issue of ₹840.25 crores. This offering consists entirely of an offer for sale of 2.97 crore shares.

The bidding process commenced on December 19, 2024 and concluded on December 23, 2024. The allotment results are anticipated to be finalised on December 24, 2024. Furthermore, the shares of DAM Capital Advisors are set to be listed on BSE and NSE, with a provisional listing date scheduled for December 27, 2024.

The price band is set at ₹269-283 per share. Investors must apply for a minimum lot size of 53 shares, which requires a minimum investment of ₹14,999 for retail investors. For small NII (sNII), the minimum investment is 14 lots (742 shares), totalling ₹2,09,986, while for big NII (bNII), it is 67 lots (3,551 shares), totalling ₹10,04,933.

Nuvama Wealth Management Limited serves as the book running lead manager for the IPO, while Link Intime India Private Ltd is designated as the registrar for this offering.