DAM Capital Advisors IPO
- IPO Date19 Dec, 2024 to 23 Dec, 2024
- Listing Date27 Dec, 2024
- Face Value₹2 per share
- Issue Price₹269 to ₹2835 per share
- Lot Size53 Shares
- Minimum Investment₹1,50,255
- Listing AtBSE, NSE
- Total Issue Size2,96,90,900 Shares
(aggregating up to ₹8417.37 Cr) - Fresh Issue-
- Offer for Sale2,96,90,900 Shares
(aggregating up to ₹8417.37 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue7,06,86,000
- Shareholding post issue7,06,86,000
IPO Dates
Closing Date
23 Dec, 2024
Initiation of Refunds
26 Dec, 2024
Listing Date
27 Dec, 2024
19 Dec, 2024
Opening Date
24 Dec, 2024
Basis of Allotment
26 Dec, 2024
Credit of Shares
DAM Capital Advisors Lot Size
Investors can bid for a minimum of 53 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 53 | ₹14,999 |
| B-HNI (Min) | 67 | 3551 | ₹10,04,933 |
| S-HNI (Max) | 66 | 3498 | ₹9,89,934 |
| S-HNI (Min) | 14 | 742 | ₹2,09,986 |
| Retail (Max) | 13 | 689 | ₹1,94,987 |
DAM Capital Advisors Promoter Holding
Dharmesh Anil Mehta, Sonali Dharmesh Mehta and Boombucket Advisors Private Limited are the company promoters.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 45.88% | - |
DAM Capital Advisors COMPANY INFORMATION
DAM Capital Advisors IPO is a book built issue of Rs 840.25 crores. The issue is entirely an offer for sale of 2.97 crore shares. DAM Capital Advisors IPO opens for subscription on December 19, 2024 and closes on December 23, 2024. The allotment for the DAM Capital Advisors IPO is expected to be finalized on Tuesday, December 24, 2024. DAM Capital Advisors IPO will list on BSE, NSE with tentative listing date fixed as Friday, December 27, 2024. DAM Capital Advisors IPO price band is set at ₹269 to ₹283 per share. The minimum lot size for an application is 53. The minimum amount of investment required by retail investors is ₹14,999. The minimum lot size investment for sNII is 14 lots (742 shares), amounting to ₹2,09,986, and for bNII, it is 67 lots (3,551 shares), amounting to ₹10,04,933. Nuvama Wealth Management Limited is the book running lead manager of the DAM Capital Advisors IPO, while Link Intime India Private Ltd is the registrar for the issue. Refer to DAM Capital Advisors IPO RHP for detailed information.
DAM Capital Advisors is an investment bank in India. The company offers a wide range of financial solutions in the areas of:
(i) Investment banking comprising equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), and structured finance advisory; and
(ii) Institutional equities comprising broking and research.
The company has successfully executed 72 ECM transactions comprising 27 IPOs, 16 qualified institutions placements, 6 offers for sale, 6 preferential issues, 4 rights issues, 8 buybacks, 4 open offers and 1 initial public offer of units by a real estate investment trust. (since the Acquisition i.e., November 7, 2019, till October 31, 2024).
DAM Capital Advisors Limited has also advised on 23 advisory transactions including M&A; A advisory, private equity advisory and structured finance advisory and has also executed block trades since the Acquisition i.e., November 7, 2019, till October 31, 2024.
The institutional equities business, as of October 31, 2024, comprises 29 employees in research and 34 employees in the broking team.
The company has provided services to 263 active clients including registered FPIs spread across geographies such as India, USA, UK, Europe, Hong Kong, Singapore, Australia, Taiwan, South Korea, Middle East and South Africa.
As of October 31, 2024, The company had a team of 121 employees across all businesses. The company's wholly-owned Subsidiary, DAM Capital (USA) Inc. is incorporated in New York, USA and is registered as a Broker-Dealer with the Securities and Exchange Commission.
Company's History:
The company started its journey in the securities market in 1993 as S.S. Kantilal Ishwarlal Sharebrokers and Investors Private Limited. In 1994, the company rebranded as S.S. Kantilal Ishwarlal Securities Private Limited (SSKIPL).
In 2006, Infrastructure Development Finance Company (IDFC) started acquiring SSKIPL, completing the process in 2008. In 2019, the IDFC group sold its entire stake to Dharmesh Anil Mehta and other investors. Following this, in July 2020, the company rebranded as DAM Capital Advisors.
FAQs About Dam Capital Advisors Ipo
DAM Capital Advisors IPO will open on 19 Dec, 2024 and close on 23 Dec, 2024. Investors must apply within this period to participate.
The DAM Capital Advisors IPO price band is set between ₹269.00 and ₹2835.00 per share. The minimum lot size is 53, requiring an investment of at least ₹150255.00.
The DAM Capital Advisors IPO shares are expected to be listed on 27 Dec, 2024, subject to regulatory approvals and final allotment.
You can track your DAM Capital Advisors IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The DAM Capital Advisors IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.