The DAM Capital Advisors IPO is one of the most anticipated public offerings for December 2024. As India’s premier investment banking and financial services provider, DAM Capital Advisors is all set to offer its shares to the public, creating an opportunity for investors to participate in this exciting venture. If you are considering subscribing to this IPO, this detailed guide will give you everything you need to know, from the IPO date and price range to financial insights and key performance indicators.
DAM Capital Advisors IPO Overview
- IPO Opening Date: December 19, 2024
- IPO Closing Date: December 23, 2024
- Price Band: ₹269 to ₹283 per share
- Lot Size: 53 shares
- Total Issue Size: ₹840.25 Crore
- Issue Type: Book Built Issue IPO
- Listing At: BSE, NSE
- Face Value: ₹2 per share
- Listing Date: December 27, 2024
Also see IPO GMP and Subscription
About DAM Capital Advisors
DAM Capital Advisors Ltd, established in 1993, is a leading investment banking company in India. The company provides a wide range of services including equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), and structured finance advisory. Alongside these services, DAM Capital Advisors also offers institutional equities services, such as broking and research.
With its strong reputation in the financial services sector, DAM Capital Advisors has established itself as a key player in helping businesses navigate complex financial decisions. Their market expertise and commitment to delivering value make them a trusted name in India’s investment banking landscape.
- Founded: 1993
- Managing Director: Mr. Dharmesh Anil Mehta
- Parent Organization: DAM Capital Advisors Ltd
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DAM Capital Advisors IPO Financials
The financials of DAM Capital Advisors reflect its robust performance in the past few years. Here’s a snapshot of the company’s revenue, profit, and total assets for the last few years:
- Revenue (All figures in Rs. Cr):
- 2022: ₹93.37
- 2023: ₹84.93
- 2024: ₹180
- Total Assets (All figures in Rs. Cr):
- 2022: ₹167
- 2023: ₹1,201
- 2024: ₹215
- Profit (All figures in Rs. Cr):
- 2022: ₹21.90
- 2023: ₹8.67
- 2024: ₹70.52
DAM Capital Advisors IPO Details: Price Band and Lot Size
The DAM Capital Advisors IPO will be available for bidding at a price range of ₹269 to ₹283 per share. The lot size is set at 53 shares, meaning investors can apply for a minimum of 53 shares.
Here’s a breakdown of the investment requirements:
- Retail Investors:
- Minimum Investment: ₹14,999 (53 shares)
- Maximum Investment: ₹1,94,987 (689 shares)
- S-HNI (Small High Net-worth Individuals):
- Minimum Investment: ₹2,09,986 (742 shares)
- Maximum Investment: ₹9,89,934 (3,498 shares)
- B-HNI (Big High Net-worth Individuals):
- Minimum Investment: ₹10,04,933 (3,551 shares)
Key Performance Indicators (KPIs)
DAM Capital Advisors boasts impressive key financial metrics:
- Market Capitalization: ₹2000.41 Crore
- Return on Equity (ROE): 54.72%
- Return on Net Worth (RoNW): 44.98%
- PAT Margin: 38.75%
- Price to Book Value: 12.76
DAM Capital Advisors IPO Lot Size and Subscription Details
Investors can bid for a minimum of 53 shares and in multiples of 53 shares thereafter. The IPO provides investors with an opportunity to invest in a company with a strong track record in the Indian financial market.
Key Dates for the IPO:
- IPO Open Date: Thursday, December 19, 2024
- IPO Close Date: Monday, December 23, 2024
- Basis of Allotment: Tuesday, December 24, 2024
- Initiation of Refunds: Thursday, December 26, 2024
- Credit of Shares to Demat: Thursday, December 26, 2024
- Listing Date: Friday, December 27, 2024
- Cut-off time for UPI Mandate Confirmation: 5 PM on December 23, 2024
How to Apply for DAM Capital Advisors IPO?
To apply for the DAM Capital Advisors IPO, you will need to have a Demat account and bank account linked with UPI for seamless transaction processing. You can apply through:
- Brokers: Most brokers provide online IPO application facilities.
- UPI Application: Investors can apply directly through UPI mandates.
DAM Capital Advisors IPO Registrar
The registrar for the DAM Capital Advisors IPO is Link Intime India Private Ltd. For any queries related to the IPO process, you can reach out to them using the following contact details:
- Phone: +91-22-4918 6270
- Email: damcapital.ipo@linkintime.co.in
- Website: Link Intime
Conclusion: Should You Subscribe to DAM Capital Advisors IPO?
With its strong financial position and a track record of growth in the investment banking sector, DAM Capital Advisors IPO offers investors an opportunity to be part of a leading player in the Indian financial services industry. Given its impressive ROE, PAT margin, and strong market position, the IPO could be a promising investment for long-term investors.
If you’re considering subscribing, ensure you evaluate the financials, market conditions, and your own investment strategy. As always, conducting thorough research and consulting a financial advisor is recommended before making any investment decisions.
Investors should mark their calendars for December 19, 2024, when the DAM Capital Advisors IPO opens for bidding!