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32.98x
subscribed
DAM Capital Advisors IPO
Finance - Stock Broking
listed
32.98x
subscribed
₹14,257Min. investment
About DAM Capital Advisors
Issue size
₹840Cr
IPO type
Mainboard
Market Cap
₹840.25CrLower than sector avg
Price range
₹269 – ₹283
Revenue
Apr 2023 - Mar 2024₹180.04CrLower than sector avg
Lot size
53 shares
Red Herring Prospectus
Read
Growth rate
3Y CAGR38.86%
SectorFinance - Stock Broking
Price range₹269 – ₹283
IPO type
Regular
Lot size53 shares
Issue size₹840Cr
Red Herring Prospectus
Read
Market Cap
₹840.25CrLower than sector avg
Revenue
Apr 2023 - Mar 2024₹180.04CrLower than sector avg
Growth rate
3Y CAGR38.86%
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Offer for sale
The IPO is a complete offer-for-sale of over 2.96 crore shares worth ₹840.25 crore.About DAM Capital Advisors IPO
DAM Capital Advisors, a SEBI-registered firm, offers financial services including merchant banking, M&As, private equity, and broking. Originally founded in 1993, it was rebranded in 2020 after being acquired by Dharmesh Anil Mehta. In FY24, it had a 12.1% market share in IPOs and QIPs. It raised over ₹36,000 crore for clients in the past three years. The company earned 67% of its revenue from merchant banking in FY24. It is launching an ₹840.25 crore IPO, with shares listed on NSE and BSE.
Latest News on IPO
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DAM Capital Advisors on Monday announced the price band of the issue at ₹269-283 per share. The company aims to raise ₹840.25 crore through the IPO. The mainboard issue comprises only an offer-for-sale (OFS) component of 2.97 crore equity shares, with no fresh issuance.
3 min read
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DAM Capital Ltd has announced a price band of Rs 269-283 per share for its upcoming initial public offering (IPO), which will open for subscription on December 19 and close on December 23. Anchor investor bidding will begin on December 18. The basis of allotment will be finalized on December 24, with refunds initiated and equity shares credited to demat accounts by December 26.
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of DAM Capital Advisors IPO ?
The issue size of the DAM Capital Advisors IPO is 840 Cr.
What is 'pre-apply' for DAM Capital Advisors IPO ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will DAM Capital Advisors IPO shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Pre-apply18 Dec 2024
- Bidding starts19 Dec 2024
- Bidding ends23 Dec 2024
- Allotment finalisation24 Dec 2024
- Release of funds26 Dec 2024
- Demat transfer26 Dec 2024
- Listing27 Dec 2024