About DAM Capital Advisors:
DAM Capital is a SEBI-registered entity with the stockbroker registration number INZ000207137, Category I Merchant Banker registration number MB/INM000011336, and Research Analyst registration number INH000000131. These registrations were obtained on August 26, 2020, September 21, 2020, and October 5, 2020, respectively. The company offers a wide range of financial solutions in areas including merchant banking (equity capital markets, mergers and acquisitions, private equity, and structured finance advisory) and institutional equities (broking and research). DAM Capital primarily focuses on the Indian capital markets, one of the world’s most dynamic and high-growth organized markets.
About the Industry in which DAM Capital Advisors operates:
The Indian capital market is recognized as one of the most dynamic and high-growth organized markets globally. It experienced strong performance between Fiscal 2011 and Fiscal 2024. The market capitalization of the National Stock Exchange grew at a CAGR of 14.4% during this period, while the NIFTY 50 index saw a CAGR of 10.9%. The BSE Sensex followed a similar growth trajectory. Both domestic and global factors contributed to robust foreign capital inflows. In Fiscal 2024, the Indian capital market showed significant growth compared to Fiscal 2023, with the number of issues (including IPOs, QIPs, OFS, rights issues, buybacks, InvIT/REIT, and FPOs) rising from 234 in Fiscal 2023 to 316 in Fiscal 2024. As of October 2024, there were 215 issues in FY25.
| Important Information and Timelines of the IPO of DAM Capital Advisors: | |
|---|---|
| Open Date | 19 December 2024 |
| Close Date | 23 December 2024 |
| Total Issue Size – Number of Shares | 29690900 |
| Minimum Bid Price | 269 |
| Maximum Bid Price | 283 |
| Lot Size | 53 |
| Basis of Allotment | 24 December 2024 |
| Initiation of Refunds and Credit of Shares to Demat | 26 December 2024 |
| Listing Date | 27 December 2024 |
| Listing Exchange(s) | NSE and BSE |
Minimum and Maximum Lot Sizes for the IPO of DAM Capital Advisors:
| Category | Lots | Shares | Amount (in ₹) |
|---|---|---|---|
| Retail – Minimum | 1 | 53 | 14999 |
| Retail – Maximum | 13 | 689 | 194987 |
| sHNI – Minimum | 14 | 742 | 209986 |
| sHNI – Maximum | 66 | 3498 | 989934 |
| bHNI – Minimum | 67 | 3551 | 1004933 |
Objective of the IPO of DAM Capital Advisors:
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Conduct the Offer for Sale of up to 29,690,900 equity shares, each with a face value of ₹2, by the Selling Shareholders.
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Aim to achieve the benefits of listing the equity shares on the Stock Exchanges.
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The Selling Shareholders will be entitled to the entire proceeds from the offer, after deducting their share of the offer expenses and applicable taxes.
Financials of DAM Capital Advisors:
| Particulars | Six months ended September 30, 2024 | Fiscal 2024 | Fiscal 2023 | Fiscal 2022 |
|---|---|---|---|---|
| Equity Share Capital | 141.37 | 141.37 | 141.37 | 141.37 |
| Net Worth | 1,970.32 | 1,567.86 | 876.77 | 811.24 |
| Revenue from Operations | 1,077.52 | 1,800.42 | 849.26 | 933.68 |
| Profit/(Loss) for the Year | 437.80 | 705.23 | 86.74 | 218.98 |
| Basic EPS | 6.19 | 9.98 | 1.23 | 3.10 |
| Diluted EPS | 6.19 | 9.98 | 1.23 | 3.10 |
| Net Asset Value per Equity Share | 27.87 | 22.18 | 12.40 | 11.48 |
| Total Borrowings | 47.53 | 49.29 | 32.94 | 14.06 |
For more details on the IPO, refer to the DRHP here.
Did you know that you can now Pre-Apply for an IPO on Dhan? You can place your IPO Bid on Dhan and the order will be pushed to the Exchange as soon as the Bidding starts for DAM Capital Advisors. You will receive a UPI mandate after 10:00 AM on 19 December 2024.
###1. How to apply for the IPO of DAM Capital Advisors on Dhan?
You can apply for the IPO of DAM Capital Advisors from either Dhan Mobile App or Web
On Dhan Mobile App you can find the IPO under the Money Section > IPO Tab
On Dhan Web you can find the IPO under Markets Tab > IPOs
###2. In case of successful allotment, when the IPO shares of DAM Capital Advisors be visible on Dhan?
The CDSL will intimate you regarding the credit of shares into your Demat account by 26 December 2024. However, you will be able to see the shares of DAM Capital Advisors on Dhan before the market starts on the listing date which is 27 December 2024.