DAM Capital Advisors IPO Details
| IPO Issue Open Date: | 19 December 2024 |
| IPO Issue Close Date: | 23 December 2024 |
| IPO Issue Price Band: | ₹269 to ₹283 Per Share |
| Face Value: | ₹2 Per Equity Share |
| IPO Issue Size: | ₹ 840.25 Crores | 32,064,010 shares |
| Fresh Issue: | ₹[.] Crores | 32,064,010 shares |
| Offer for Sale: | 2,96,90,900 Shares |
| Issue Type: | Book Built Issue |
| IPO Listing At: | BSE & NSE |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
DAM Capital Advisors IPO Prospectus:
Checkout the DAM Capital Advisors IPO Prospectus of DRHP and RHP file.
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
DAM Capital Advisors IPO Dates Timeline
| Issue Open Date: | 19 December 2024 |
| Issue Close Date: | 23 December 2024 |
| Basis of Allotment Date: | 24 December 2024 |
| Refunds Initiation: | 26 December 2024 |
| Shares Credit in Demat: | 26 December 2024 |
| IPO Listing Date Detail: | 27 December 2024 |
DAM Capital Advisors IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 53 shares = ₹14,999 |
| Retail (Max) | 13 lots and 689 shares = ₹1,94,987 |
| S-HNI (Min) | 14 lots and 742 shares = ₹2,09,986 |
| B-HNI Minimum | 68 lots and 3604 shares = ₹10,19,932 |
Diffusion Engineers IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| 26th Dec | ₹165 | ₹- | ₹- | 58% |
| 25th Dec | ₹170 | ₹9,000 | ₹- | 60% |
| 24th Dec | ₹160 | ₹7,000 | ₹- | 57% |
| 23th Dec | ₹160 | ₹7,000 | ₹- | 57% |
| 20th Dec | ₹170 | ₹6,000 | ₹- | 60% |
| 19th Dec | ₹135 | ₹- | ₹- | 48% |
| 18th Dec | ₹108 | ₹- | ₹- | 42% |
| 17th Dec | ₹108 | ₹- | ₹- | 42% |
| 16th Dec | ₹- | ₹- | ₹- | ₹- |
Check Live GMP
About DAM Capital Advisors
DAM Capital Advisors Limited, one of India’s top investment banks, was established on May 7, 1993. Among the financial services DAM Capital offers services to its clients are (i) investment banking, which includes equity capital markets (“ECM”), mergers and acquisitions (“M&A”), private equity (“PE”), and structured finance advisory; and (ii) institutional equities, which includes broking and research. They have completed 67 ECM transactions as of July 31, 2024, which include 26 IPOs, 15 placements by qualifying institutions, 5 offers for sale, 6 preferential issues, 3 rights issues, 7 buybacks, 4 open offers, and 1 IPO of units by a real estate investment trust. Additionally, as of July 31, 2024, DAM Capital Advisory has completed block trades and provided advice on 20 advisory transactions, including M&A, private equity, and structured financing. Revenue rose by 114% and profit after tax (PAT) grew by 713% as of March 31, 2024.
DAM Capital Advisors IPO Strengths
- We are the fastest-growing merchant bank in India.
- Proven execution with in-depth understanding of sectors and products.
- Institutional equities platform with comprehensive research and execution capabilities.
- Extensive coverage of corporates, financial sponsors and institutional investors, with repeat business.
- Experienced management and professionals, backed by a majority independent board.
Objects of the IPO Issue
- The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.
DAM Capital Advisors Company Financial Report
The company reported revenue of ₹180.04 crores in 2024 against ₹84.93 crores in 2023. The company reported a profit of ₹70.52 crores in 2024 against a loss of ₹8.67 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹93.37 | ₹66.46 | ₹21.09 | ₹166.72 |
| 2023 | ₹84.93 | ₹73.18 | ₹8.87 | ₹1,201.16 |
| 2024 | ₹180.04 | ₹86.53 | ₹70.52 | ₹214.68 |
DAM Capital Advisors IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | NA |
| ROCE: | NA |
| EBITDA Margin: | 66.8% |
| PAT Margin: | 38.75% |
| Debt to equity ratio: | NA |
| Earning Per Share (EPS): | ₹8.34 (Basic) |
| Price/Earning P/E Ratio: | ₹9.98 (Basic) |
| Return on Net Worth (RoNW): | 43.37% |
| Net Asset Value (NAV): | ₹23 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| ICICI Securities Limited | 52.51 | 15.40 | 43.25 | 121.40 | 50,511.00 Cr. |
| IIFL Securities Limited | 16.73 | 16.68 | 28.71 | 58.09 | 22,312.87 Cr. |
| JM Financial Limited | 4.29 | 21.43 | 0.25 | 115.70 | 48,321.60 Cr |
| Motilal Oswal Financial Services Limited | 41.16 | 16.64 | 27.89 | 147.12 | 71,305.20 Cr. |
DAM Capital Advisors IPO Registrar
Link 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 Lead Manager
- Nuvama Wealth Management Limited
DAM Capital Advisors IPO allotment status noq on Link Intime website. Click on Link Intime IPO weblink to get allotment status.
Promoters of DAM Capital Advisors
- Dharmesh Anil Mehta
- Sonali Dharmesh Mehta
- Boombucket Advisors Private Limited
Company Address
DAM Capital Advisors Limited
PG-1, Ground Floor,
Rotunda Building, Dalal Street,
Fort, Mumbai 400001,
Phone: +91 22 4202 2500
Email: compliance@damcapital.in
Website: https://www.damcapital.in/