DAM Capital Advisors IPO allotment finalised: How to check status online on Link Intime India, NSE, BSE

DAM Capital Advisors IPO allotment status was finalised on Wednesday, December 25. The initial public offering received a strong response from investors across categories. Investors who placed bids for this issue can visit the BSE, the NSE, and Link Intime India websites to check the finalisation details.

The ₹840.25 crore IPO, which was entirely an offer-for-sale, was subscribed 81.88 times, receiving bids for 170.35 crore shares against 2.08 crore equity shares on offer.

The initial share sale saw a subscription of 166.33 times from qualified institutional buyers (QIBs), 98.47 times bid from non-institutional investors (NIIs) and 26.80 times the subscription from retail investors.

Before the IPO, the company had secured ₹251 crore from anchor investors.

It had set a price band of ₹269-₹283 per share.

DAM Capital Advisors IPO allotment status: How to check allotment status on NSE

• Head to the NSE IPO allotment status portal HERE.
• Existing users can log-in; new users need to register
• Pick 'DAM Capital Advisors Ltd' from the dropdown list.
• Enter details like application number and PAN
• Click on the 'Submit'

Steps to check DAM Capital Advisors IPO allotment status on Link Intime

• Visit Link Intime India's allotment verification page- https://linkintime.co.in/initial_offer/public-issues.html
• Choose 'DAM Capital Advisors Ltd' from the list of IPO names.
• Enter any of these - Application number, DP ID, PAN or account number.
• Enter the required details.
• Click on 'Submit'.

DAM Capital Advisors IPO listing date

DAM Capital Advisors shares will make their secondary market debut on Friday, December 27. At 10 am, they will list on the NSE and the BSE.

DAM Capital Advisors offers financial solutions for investment banking, including equity capital markets, mergers and acquisitions, private equity, structured finance advisory, and institutional equities (IEs), including broking and research.

The company's promoters, Dharmesh Anil Mehta, Sonali Dharmesh Mehta, and Boombucket Advisors Pvt Ltd, currently hold a 45.88% stake in the firm, which will be reduced to 41.5% post-issue.

DAM Capital Advisors financials