
DAM Capital Advisors Limited IPO
MainboardStockbroking & Allied
Listed On: Dec 27, 2024 at ₹ 393.0(NSE)
₹ 14999 /53 Shares
Check AllotmentPrice Summary
Last Closing
237.80 (-15.97%)52 Week High
456.9052 Week Low
200.00Last Update
1-Apr-2025 3:30 PM19 Dec, 2024
Open Date23 Dec, 2024
Close Date24 Dec, 2024
Allotment Date27 Dec, 2024
Listing DateIssue Price
₹269-283 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdList Price
393.0(NSE)Listing Date
2024-12-27Market Lot
Retail : 53 Shares (₹14,999/-)S-HNI : 742 Shares (₹2,09,986/-)
B-HNI : 3,551 Shares (₹10,04,933/-)
Lead Manager
Nuvama Wealth Management LimitedIssue Size
OFS : 29,690,900 shares(aggregating up to ₹840.25 Cr)Retail Portion
35% (Number of Retail Applications: 1,95,610 Approx),(Number of S-HNI Applications : 1,996 Approx),
(Number of B-HNI Applications : 3,992 Approx)
Subscription
81.84 times
The IPO of DAM Capital Advisors is priced at ₹269-283 per equity share, which has a face value of ₹2 Per Equity Share each. The company shall list its equity shares on BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.
DAM Capital Advisors IPO bid opening date is from Dec 19, 2024 and the bid closing date was Dec 23, 2024.
DAM Capital Advisors IPO allotment result will be available on Dec 24, 2024. The tentative listing date for DAM Capital Advisors is Dec 27, 2024.
The total issue size is OFS : 29,690,900 shares(aggregating up to ₹840.25 Cr).
DAM Capital Advisors IPO Subscription Details
As on | QIB | NII bNII sNII | Retail | Total |
---|---|---|---|---|
Shares Offered / Reserved | 59,24,182 | 44,43,135 29,62,090 14,81,045 | 1,03,67,315 | 2,08,04,632 |
Day 1 - 19-12-24 05:00 PM | 0.01 x | 3.72 2.74 x 5.68 x | 3.88 x | 2.75 x |
Day 2 - 20-12-24 05:00 PM | 0.07 x | 11.49 9.33 x 15.80 x | 8.96 x | 6.98 x |
Day 3 - 23-12-24 05:00 PM | 166.33 x | 98.46 102.21 x 90.96 x | 26.73 x | 81.84 x |
DAM Capital Advisors Valuations
EPS Pre IPO
9.98EPS Post IPO
9.98P/E Pre IPO
28.37P/E Post IPO
28.37ROE
54.72%RoNW
44.98%PAT Margin
38.75Price to Book Value
12.76DAM Capital Advisors Company Financials All values are in ₹ Cr.
31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
---|---|---|---|
Assets | 214.68 | 1,201.16 | 166.72 |
Revenue | 182 | 85.04 | 94.51 |
Profit After Tax | 70.52 | 8.67 | 21.9 |
Net Worth | 162.61 | 95.13 | 87.97 |
Reserves & Surplus | 148.47 | 80.99 | 73.84 |
Total Borrowing | 4.93 | 3.29 | 1.41 |
About The Company
DAM Capital Advisors Limited is one of the best investment banks in India. It specializes in a wide range of financial solutions, such as investment banking, ECM, M&A, private equity, and structured finance advisory. The firm has been successful in over 67 ECM transactions and has been involved in the launch of IPOs, qualified institutional placements, offers for sale, and buybacks.
Besides its investment banking solutions, DAM Capital Advisors avails the best-in-class institutional equities solutions along with broking and research. The company caters across global markets, with the number of active clients sitting at 257, constituting registered Foreign Portfolio Investors (FPIs), including India, USA, UK, Europe, Hong Kong, Singapore, Australia, Taiwan, South Korea, Middle East, and South Africa among others.
DAM CAPITAL ADVISORS Launched in 1993, the company was transformed from its inception as a S.S. Kantilal Ishwarlal Sharebrokers has become the top financial advisor, starting from its inception and through to its current position. After its acquisition by Infrastructure Development Finance Company (IDFC) in 2006 and its rebranding in 2020, DAM Capital Advisors has only grown in strength within the investment banking and equities landscape. With a dedicated team of professionals and a wholly-owned subsidiary in the USA, DAM Capital Advisors continues to be at the forefront of global financial advisory services.
As on July 31, 2024, the company has 115 employees on board and has been an advisor in the equity financing, M&A transactions, and private equity deals for the customers and has thus emerged as an important player in India's financial services sector.
DAM Capital Advisors - Strength and Weakness
DAM Capital achieved a revenue CAGR of 38.77% from FY22-FY24.
Highest profit margin in Fiscal 2024 among peers as per CRISIL.
Market share grew from 8.2% in FY21 to 12.1% in FY24.
Strong merchant banking team with 40 employees, 9 having 18+ years’ experience.
Completed 17 IPOs and QIPs as book running lead managers in FY24.
Changes in laws and delayed licenses may disrupt business operations and negatively affect financial performance.
The company’s revenue is primarily dependent on two income sources—advisory fees and brokerage.
Adverse market conditions or economic downturns can severely affect the company's performance in its merchant banking and institutional equities businesses.
The company faces potential liabilities in case of legal claims arising from misleading statements, inaccurate advice, or unauthorised trading.
DAM Capital Advisors - Peers Comparison
P/B Ratio | P/E Ratio | RoNW | Net Worth | |
---|---|---|---|---|
DAM Capital | 10.15 | 28.37 | 44.98% | 182 |
ICICI Securities | 6.24 | 13.6 | 50.1% | 6,213 |
IIFL Capital | 4.93 | 15.3 | 32.3% | 2,530 |
JM Financial | 1.50 | 21.1 | 0.78% | 4,764 |
Motilal Oswal | 5.15 | 17.0 | 32.6% | 9,087 |
DAM Capital Advisors - Promoter(s)
Pre Issue Share Holding: 45.88%
Post Issue Share Holding: 41.50%
- Dharmesh Anil Mehta
- Sonali Dharmesh Mehta
- Boombucket Advisors Private Limited
DAM Capital Advisors IPO - Issue Objectives
- The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.
DAM Capital Advisors IPO - Anchor Investors
Marquee global investors including Nomura, Goldman Sachs, HSBC Global, Carmignac Portfolio, Neuberger Berman Investment Funds, and Societe Generale participated in the DAM's anchor book.
Domestic institutional investors like HDFC Mutual Fund, Nippon Life India, Kotak Mahindra AMC, Aditya Birla Sun Life AMC, Bhandhan Mutual Fund, Edelweiss Trusteeship, ITI Mutual Fund, LIC Mutual Fund, Whiteoak Capital, Helois Fund, Malabar India Fund, and 360 ONE Equity Opportunity Fund, too, invested in the company.
Among others, Sunil Singhania's Abakkus Growth Fund, Madhusudan Kela-backed Chartered Finance & Leasing, and Vikas Khemani-backed Carnelian Capital, as well as Aditya Birla Sun Life Insurance, and SBI General Insurance made investment in DAM.
Other Details
DAM Capital Advisors
PG-1, Ground Floor, Rotunda Building, Dalal Street,, Fort, Mumbai 400001Link 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 - FAQs
Ans. DAM Capital Advisors Limited IPO is a Mainboard IPO. The issue is priced at ₹269-283 per equity share. The minimum order quantity is 53 Shares. The IPO opens on Dec 19, 2024, and closes on Dec 23, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The DAM Capital Advisors Limited IPO opens on Dec 19, 2024 and closes on Dec 23, 2024.
Ans. The size of DAM Capital Advisors Limited IPO is OFS : 29,690,900 shares(aggregating up to ₹840.25 Cr).
Ans. The IPO price band is set between ₹269-283 per equity share.
Ans. To apply for DAM Capital Advisors Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find DAM Capital Advisors Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of DAM Capital Advisors Limited IPO is Dec 24, 2024.
Ans. The DAM Capital Advisors Limited IPO will be listed on Dec 27, 2024.
Ans. Follow the steps to check the allotment status for DAM Capital Advisors Limited IPO here.