DAM Capital Advisors Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | December 19, 2024 to December 23, 2024 |
| Listing Date | - |
| Face Value | ₹ 2 per share |
| Price Band | ₹ 269 to ₹ 283 per share |
| Lot Size | 53 Shares |
| Total Issue Size | 2,96,90,900 shares (aggregating up to ₹ 840.25 Cr) |
| Offer for Sale | 2,96,90,900 shares (aggregating up to ₹ 840.25 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Shareholding pre issue | 7,06,86,000 shares |
| Shareholding post issue | 7,06,86,000 shares |
About DAM Capital Advisors Limited IPO
DAM Capital Advisors Limited is a prominent investment bank in India, offering a diverse range of financial solutions. Their expertise spans across two main areas:
Investment Banking
This encompasses equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), and structured finance advisory. Since the acquisition on November 7, 2019, until October 31, 2024, the company has successfully executed 72 ECM transactions. This includes 27 IPOs, 16 qualified institutions placements, 6 offers for sale, 6 preferential issues, 4 rights issues, 8 buybacks, 4 open offers, and an initial public offer of units by a real estate investment trust. Additionally, DAM Capital has advised on 23 advisory transactions, covering areas such as M&A advisory, private equity advisory, and structured finance advisory, while also executing block trades.
Institutional Equities
As of October 31, 2024, the institutional equities division comprises 29 research employees and 34 in the broking team. The company serves 263 active clients, including registered Foreign Portfolio Investors (FPIs) across India, the USA, UK, Europe, Hong Kong, Singapore, Australia, Taiwan, South Korea, the Middle East, and South Africa.
Company's History
The firm's journey began in 1993 as S.S. Kantilal Ishwarlal Share Brokers and Investors Private Limited. It was rebranded in 1994 as S.S. Kantilal Ishwarlal Securities Private Limited (SSKIPL). In 2006, Infrastructure Development Finance Company (IDFC) started acquiring SSKIPL, completing the acquisition in 2008. In 2019, IDFC sold its stake to Dharmesh Anil Mehta and other investors. Consequently, in July 2020, the company rebranded as DAM Capital Advisors Limited.
DAM Capital Advisors IPO Overview:
- Total Issue Size:₹840.25 crores
- Shares Offered:Entirely an offer for sale of 2.97 crore shares
- Price Per Share:₹269 to ₹283 per share
- Subscription Period;December 19, 2024 to December 23, 2024
- Minimum Lot Size:53 shares
- Lead Managers:Nuvama Wealth Management Limited
- Registrar:Link Intime India Private Ltd
DAM Capital Advisors IPO Objective:
- The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.
DAM Capital Advisors Limited IPO Financial Information
Latest Revenue
182
₹ Crore
Profit After Tax
70.52
₹ Crore
Net Worth
162.61
₹ Crore
Total Borrowing
4.93
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2024 | 214.68 | 182 | 70.52 | 162.61 | 4.93 | ||||
| 31 Mar 2023 | 1,201.16 | 85.04 | 8.67 | 95.13 | 3.29 | ||||
| 31 Mar 2022 | 166.72 | 94.51 | 21.9 | 87.97 | 1.41 | ||||
| Amount in ₹ Crore | |||||||||
DAM Capital Advisors Limited Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 54.72% |
| RoNW | 44.98% |
| P/BV | 12.76 |
| PAT Margin (%) | 38.75 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 9.98 | 9.98 |
| P/E (x) | 28.37 | 28.37 |
Frequently Asked Questions
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Competitive Strengths
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DAM Capital Advisors Limited IPO Timeline
| IPO Open Date | Thursday, December 19, 2024 |
| IPO Close Date | Monday, December 23, 2024 |
| Basis of Allotment | Tuesday, December 24, 2024 |
| Initiation of Refunds | Thursday, December 26, 2024 |
| Credit of Shares to Demat | Thursday, December 26, 2024 |
| Listing Date | Friday, December 27, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 23, 2024 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 53 | ₹14,999 |
| Retail (Max) | 13 | 689 | ₹1,94,987 |
| S-HNI (Min) | 14 | 742 | ₹2,09,986 |
| S-HNI (Max) | 66 | 3,498 | ₹9,89,934 |
| B-HNI (Min) | 67 | 3,551 | ₹10,04,933 |