DAM Capital Advisors
IPO Timeline
Issue open date
19 Dec 2024Issue close date
23 Dec 2024UPI mandate deadline
23 Dec 2024Allotment finalization
24 Dec 2024Refund initiation
26 Dec 2024Share credit
26 Dec 2024Listing date
27 Dec 2024Mandate end date
7 Jan 2025Lock-in end date for anchor investors (50%)
23 Jan 2025Lock-in end date for anchor investors (remaining)
24 Mar 2025Key Dates
Quick Stats
About the Company
Founded in 1993, DAM Capital Advisors is a leading Indian merchant bank distinguished by its rapid revenue growth and high-profit margins. It offers extensive financial services, including merchant banking in equity capital markets, mergers and acquisitions, private equity, structured finance advisory, and institutional equities comprising broking and research. Since the acquisition on November 7, 2019, until October 31, 2024, DAM Capital Advisors Limited has successfully executed 72 Equity Capital Market (ECM) transactions, including 27 IPOs, 16 QIPs, 6 OFS, 6 preferential issues, 4 rights issues, 8 buybacks, 4 open offers, and 1 REIT IPO. Its institutional equities division, comprising 29 research and 34 broking professionals, services 263 active clients, including FPIs, across key global markets such as India, the USA, Europe, and Asia.
Strengths
- Fastest-growing merchant bank with a significant market share.
- Comprehensive institutional equities platform with global investor reach.
- Experienced management and predominantly independent board leadership.
- Proven expertise in executing complex financial transactions successfully.
- Strong revenue growth and profitability with consistent performance.
- Deep sector knowledge across multiple financial services offerings.
Risks
- Regulatory changes may impact operations and profitability.
- Market dependency exposes the business to economic fluctuations.
- IT system vulnerabilities risk cyberattacks and operational disruptions.
- Human errors could lead to financial and reputational damage.
- Global economic factors may affect investor sentiment and business growth.
- Third-party vendor reliance risks operational and compliance disruptions.
- Non-compliance could harm brand reputation and client confidence.
- Adverse market conditions may impact revenue from equity transactions.
DAM Capital Advisors IPO – Frequently Asked Questions
- The price band for the DAM Capital Advisors IPO is set at ₹269 to ₹283 per share.
- The DAM Capital Advisors IPO opens on December 19, 2024 and closes on December 23, 2024.
- The tentative listing date for the DAM Capital Advisors IPO is December 27, 2024.
- You can apply for the DAM Capital Advisors IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose DAM Capital Advisors, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the DAM Capital Advisors IPO is 53 shares. Investors must apply for at least one lot (i.e., 53 shares).