DAM CAPITAL ADVISORS LIMITED
Bookbuilding IPO · NSE, BSE
- Price band
- ₹269 - ₹283
- Lot size
- 53 shares
- Issue amount
- ₹840.25 cr
- Total subscription
- 82.17×
- Opens
- 19 Dec 2024
- Closes
- 23 Dec 2024
- Allotment
- 24 Dec 2024
- Listing
- 27 Dec 2024
Offer at a glance
Issue overview
- Issue size
- 2,96,90,900 shares
- Face value
- ₹2 Per Share
- Minimum investment
- ₹14,257
- Fresh issue
- ₹840.25 cr
- Offer for sale
- ₹840.25 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,999
- Issue type
- Bookbuilding IPO
- Shares before issue
- 7,06,86,000
- Shares after issue
- 7,06,86,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 53 | ₹14,999 |
| sHNI | 14 | 742 | ₹2,09,986 |
| bHNI | 67 | 3,551 | ₹10,04,933 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 1,95,610 | 53,06,606 |
| HNIs(10L +) | 3,992 | 4,08,014 |
| HNIs (2-10L) | 1,996 | 1,82,552 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 167.65 | 27,886.75 |
| RETAIL | 293.4 | 7,959.38 |
| NIB | 125.74 | 12,401.06 |
| HNIs 2+ | 41.91 | 3,833.33 |
| HNIs 10+ | 83.83 | 8,567.73 |
| EMPLOYEES | 1.98 | 80.33 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sept-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 6.19 | 9.98 | 1.23 |
| ROE | 23.98 | 54.72 | 9.47 |
| ROCE | 0 | 0 | 0 |
| RONW | 22.22 | 44.98 | 9.89 |
| Pre IPO | 0 | 28.37 | 0 |
| Post IPO | 0 | 28.37 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
DAM Capital is one of India’s fastest-growing investment banks, leading the industry with the highest profit margin in Fiscal 2024 and holding a 12.1% market share in IPOs and QIPs as a book running lead manager. The firm provides a comprehensive suite of services spanning investment banking—including equity capital markets, M&A, private equity, and structured finance advisory—as well as institutional equities through broking and research. Focused on India’s evolving capital markets, DAM Capital delivers strategic advisory and fundraising solutions to corporates, financial sponsors, institutional investors, and family offices. Since its acquisition on November 7, 2019, the firm has completed 72 ECM transactions and offered advisory services on 23 deals. As of October 31, 2024, its institutional equities division serves 263 active global clients, supported by a team of 120 professionals and a steadily growing market presence.
Strengths
- Rapid Growth Leadership: Among the fastest-growing investment banks in India with strong market positioning.
- Proven Execution Capability: Deep sectoral expertise enabling seamless execution of complex transactions.
- Strong Institutional Equities Platform: Comprehensive research and execution support for institutional investors.
Risk factors
- Regulatory Exposure: Changes in laws and policies may adversely affect operations.
- Market Sensitivity: Business performance is highly dependent on market and economic conditions.
- Compliance Risks: Regulatory inspections and potential non-compliance may lead to penalties and reputational impact.
Promoters
Dharmesh Anil Mehta
Sonali Dharmesh Mehta
Boombucket Advisors Private Limited
Registrar & documents
Lead manager
Nuvama Wealth Management Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
PG-1, Ground Floor, Rotunda Building, Dalal Street, Fort, Mumbai 400001,
+91 22 4202 2500
[email protected]Company website ↗Understanding DAMCAPITAL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.