DAM Capital Advisors IPO subscription started on Thursday, December 19, 2024, and will close on December 23, 2024, as per the schedule. The price band is set at ₹269 to ₹283 per share with a face value of ₹2.
DAM Capital Advisors IPO Subscription Status
DAM Capital Advisors IPO Subscribed over 81.88x on its last day till 5.00 PM on 23rd December.
- DAM Capital Advisors IPO subscription QIB investors portion is 166.33 times, while NII subscribed 98.47 times and RII investors subscribed 26.8 times.
- The company has received bids for 1,70,35,38,349 shares against 2,08,04,632 shares on offer on the last day of subscription.
- DAM Capital Advisors IPO Subscribed over 81.88x on its last day.
- DAM Capital Advisors IPO Subscribed over 7.01x on its second day.
- DAM Capital Advisors IPO Subscribed over 2.77x on its first day.
About DAM Capital Advisors Company
DAM Capital Advisors Limited founded on 07 May 1993, is one of the leading investment banks in India. 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 are some of the financial services DAM capital provides to its customers. Their main focus is on the Indian capital market, one of the world’s fastest-growing markets right now. As of July 31, 2024, they have performed 67 ECM transactions comprising 26 initial public offerings, 15 qualified institutions placements, 5 offers for sale, 6 preferential issues, 3 rights issues, 7 buybacks, 4 open offers, and 1 initial public offer of units by a real estate investment trust. Moreover, till July 31, 2024, DAM Capital Advisory has also advised on 20 advisory transactions including M&A advisory, private equity advisory, and structured finance advisory, and has also executed block trades. On March 31, 2024, the revenue increased by 114% and profit after tax (PAT) increased by 713%.
DAM Capital Advisors 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 profit of ₹8.67 crores in 2023.
DAM Capital Advisors IPO GMP:
DAM Capital Advisors IPO GMP was ₹160 as of Monday, December 23rd. That indicates the IPO is trading at ₹443 with ₹160 premium in the grey market against the issue price of ₹283.
