DAM Capital Advisors Limited
Dec 19, 2024 - Dec 23, 2024
DAM Capital Advisors Limited IPO Details
Mainline
Status
listed
Issue Price
₹269.00 - ₹283.00
Lot Size
53 Shares
Subscription
81.88 times
Listing Price
₹393 (38.87%)
Face Value
₹2 Per share
Issue Size
Approx ₹840.25 Cr
Fresh Issue
-
Total Shares Offered
Approx ₹840.25 Cr
Retail Quota
35%
QIB Quota
50%
HNI Quota
15%
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Book Built Issue IPO
Listing On
BSE, NSE
Registrar
Link Intime India Private Ltd
NSE Code
DAMCAPITAL
BSE Code
544316
IPO Tentative Timetable
Open Date
Thu Dec 19 2024
Close Date
Mon Dec 23 2024
Allotment Date
Tue Dec 24 2024
Refunds Initiation
Thu Dec 26 2024
Demat Transfer
Thu Dec 26 2024
Listing Date
Fri Dec 27 2024
Valuation
Earning Per Share (EPS)
₹9.98
Price/Earning P/E Ratio
NA
Return on Net Worth (RoNW)
43.37%
Net Asset Value (NAV)
₹23
Promoters
Pre issue Share Holding
45.88%
Post issue Share Holding
-
Company Promoters
- Dharmesh Anil Mehta
- Sonali Dharmesh Mehta
- Boombucket Advisors Private Limited
Lead Managers
Nuvama Wealth Management Limited
Live Subscription
| Date | QIB | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | EMP | Total |
|---|---|---|---|---|---|---|---|
| Dec 19, 2024 | 0.01 | 3.74 | 2.74 | 5.74 | 3.95 | 6.28 | 2.79 |
| Dec 20, 2024 | 0.07 | 11.56 | 9.33 | 16.02 | 9.16 | 13.42 | 7.1 |
| Dec 23, 2024 | 166.33 | 98.47 | 102.21 | 91 | 26.8 | 40.09 | 81.88 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 53 | ₹14,999 |
| Retail (Max) | 13 | 689 | ₹1,94,987 |
| S-HNI (Min) | 14 | 742 | ₹2,09,986 |
| S-HNI (Max) | 66 | 3,498 | ₹9,89,934 |
| B-HNI (Min) | 67 | 3,551 | ₹10,04,933 |
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 88,86,268 (29.93%) | NA |
| QIB Shares Offered | 59,24,182 (19.95%) | NA |
| NII (HNI) Shares Offered | 44,43,135 (14.96%) | - |
| bNII > ₹10L | 29,62,090 (9.98%) | 3,992 |
| sNII < ₹10L | 14,81,045 (4.99%) | 1,996 |
| Retail Shares Offered | 1,03,67,315 (34.92%) | 1,95,609 |
| Employee Shares Offered | 70,000 (0.24%) | NA |
| Total Shares Offered | 2,96,90,900 (100%) | - |
Company Financial
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 214.68 | 1,201.16 | 166.72 |
| Revenue | 182 | 85.04 | 94.51 |
| Profit After Tax | 70.52 | 8.67 | 21.9 |
| Net Worth | 162.61 | 95.13 | 87.97 |
| Reserves and Surplus | 148.47 | 80.99 | 73.84 |
| Total Borrowing | 4.93 | 3.29 | 1.41 |
About Company
DAM Capital Advisors Limited is an Indian investment bank offering various financial services. These include investment banking services like equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), and structured finance advisory, as well as institutional equities services such as broking and research.
Since November 7, 2019, the company has completed 72 ECM transactions, which include 27 IPOs, 16 qualified institutions placements, 6 offers for sale, 6 preferential issues, 4 rights issues, 8 buybacks, 4 open offers, and 1 IPO of units for a real estate investment trust. It has also advised on 23 deals involving M&A, private equity, structured finance, and block trades.
As of October 31, 2024, the institutional equities division has 29 employees in research and 34 in broking. The company has served 263 active clients, including registered FPIs, in regions like India, the USA, the UK, Europe, Hong Kong, Singapore, Australia, Taiwan, South Korea, the Middle East, and South Africa. Across all businesses, the company has 121 employees.
DAM Capital Advisors Limited owns a subsidiary in New York, DAM Capital (USA) Inc., which is registered with the Securities and Exchange Commission as a Broker-Dealer.
The company’s history dates back to 1993 when it was established as S.S. Kantilal Ishwarlal Sharebrokers and Investors Private Limited. In 1994, it was renamed S.S. Kantilal Ishwarlal Securities Private Limited (SSKIPL). Between 2006 and 2008, Infrastructure Development Finance Company (IDFC) acquired it. In 2019, IDFC sold its stake to Dharmesh Anil Mehta and other investors. The company then rebranded as DAM Capital Advisors Limited in July 2020.
Since November 7, 2019, the company has completed 72 ECM transactions, which include 27 IPOs, 16 qualified institutions placements, 6 offers for sale, 6 preferential issues, 4 rights issues, 8 buybacks, 4 open offers, and 1 IPO of units for a real estate investment trust. It has also advised on 23 deals involving M&A, private equity, structured finance, and block trades.
As of October 31, 2024, the institutional equities division has 29 employees in research and 34 in broking. The company has served 263 active clients, including registered FPIs, in regions like India, the USA, the UK, Europe, Hong Kong, Singapore, Australia, Taiwan, South Korea, the Middle East, and South Africa. Across all businesses, the company has 121 employees.
DAM Capital Advisors Limited owns a subsidiary in New York, DAM Capital (USA) Inc., which is registered with the Securities and Exchange Commission as a Broker-Dealer.
The company’s history dates back to 1993 when it was established as S.S. Kantilal Ishwarlal Sharebrokers and Investors Private Limited. In 1994, it was renamed S.S. Kantilal Ishwarlal Securities Private Limited (SSKIPL). Between 2006 and 2008, Infrastructure Development Finance Company (IDFC) acquired it. In 2019, IDFC sold its stake to Dharmesh Anil Mehta and other investors. The company then rebranded as DAM Capital Advisors Limited in July 2020.
Company Contact
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/
Registrar Contact
Phone: +91-22-4918 6270
Email: damcapital.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html