“DAM Capital Advisors Initial Public Offering: Date, Review, Price, and Allotment Details”

Experience the excitement of DAM Capital Advisors upcoming IPO as we delve into the key details surrounding this highly anticipated event. From the IPO date to the review process, pricing information, and allotment details, we provide you with all the essential information you need to stay informed and make informed investment decisions. Join us as we explore the world of IPOs and uncover the potential opportunities that await with DAM Capital Advisors.

DAM Capital Advisors is set to launch its Initial Public Offering (IPO) on December 19, 2024, with the closing date scheduled for December 23, 2024. This IPO is classified as a Book Built Issue, with the company aiming to raise approximately ₹840.25 crores. This amount includes a fresh issue of ₹[.] crores and an offer for sale of up to 2,96,90,900 equity shares with a face value of ₹2 each.

The price band for DAM Capital Advisors IPO is set at ₹269 to ₹283 per share. The allocation for retail investors is 35%, while Qualified Institutional Buyers (QIB) will receive 50% and High Net Worth Individuals (HNI) will receive 15%. The listing of DAM Capital Advisors IPO on the National Stock Exchange (NSE) is expected to take place on December 27, 2024, with the allotment date set for December 24, 2024.

In terms of financial performance, the company reported revenue of ₹180.04 crores in 2024, a significant increase from ₹84.93 crores in 2023. Similarly, the company’s profit surged to ₹70.52 crores in 2024, up from ₹8.67 crores in 2023. Based on these strong financials, potential IPO investors are advised to consider a long-term investment strategy.

DAM Capital Advisors IPO Details

DAM Capital Advisors IPO Market Lot

The DAM Capital Advisors IPO minimum market lot is 53 shares with ₹14,999 application amount. The retail investors can apply up-to 13 lots with 689 shares or ₹1,94,987 amount.

DAM Capital Advisors IPO Dates

The IPO for DAM Capital Advisors is scheduled to take place on December 19, 2024, with the closing date set for December 23, 2024. The allotment for the DAM Capital Advisors IPO will be completed on December 24, 2024, and the listing is expected to occur on December 27, 2024.

Promoters of DAM Capital Advisors IPO

The promoters of the company are Dharmesh Anil Mehta, Sonali Dharmesh Mehta and Boombucket Advisors Private Limited.

About DAM Capital Advisors IPO

DAM Capital Advisors Limited, established on May 7, 1993, stands as a prominent investment bank in India. Specializing in a range of financial services, including equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), and structured finance advisory, as well as institutional equities such as broking and research, DAM Capital is dedicated to serving its clients with excellence.

With a primary focus on the Indian capital market, recognized as one of the world’s fastest-growing markets, DAM Capital has successfully completed 67 ECM transactions as of July 31, 2024. These transactions include 26 initial public offerings, 15 qualified institutions placements, 5 offers for sale, 6 preferential issues, 3 rights issues, 7 buybacks, 4 open offers, and 1 initial public offer of units by a real estate investment trust.

Furthermore, up to July 31, 2024, DAM Capital Advisory has provided expert guidance on 20 advisory transactions, encompassing M&A advisory, private equity advisory, structured finance advisory, and block trades. Notably, as of March 31, 2024, the company experienced a remarkable 114% increase in revenue and a staggering 713% increase in profit after tax (PAT).

DAM Capital Advisors IPO Company Financial Report

In 2024, the company’s revenue surged to ₹180.04 crores, a significant increase from the ₹84.93 crore reported in 2023. Similarly, the company’s profit also saw a substantial rise, reaching ₹70.52 crores in 2024 compared to the ₹8.67 crores recorded in 2023. These impressive financial results demonstrate the company’s strong performance and growth trajectory over the past year.

Amount ₹ in Crores

DAM Capital Advisors IPO Valuation – FY2024

Please review the IPO valuations details provided by DAM Capital Advisors, including metrics such as Earnings Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).

Peer Group Comparison

Objects of the Issue

The company will not receive any proceeds from the Offer for Sale conducted by the Selling Shareholders.

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