DAM Capital Advisors Ltd
Company Overview
DAM Capital Advisors Ltd is a leading investment banking firm in India, specializing in equity capital markets, advisory services, mergers and acquisitions (M&A), and institutional broking. With decades of experience, the company has built a strong reputation in delivering financial solutions to corporate and institutional clients.
The company operates across multiple sectors, facilitating capital raising for businesses and providing strategic advice on acquisitions and fund management. Over the years, DAM Capital Advisors has managed numerous successful transactions, solidifying its position in India’s financial landscape.
IPO Timeline
Here are the key dates for DAM Capital Advisors Ltd’s IPO:
- IPO Open Date: December 19, 2024
- IPO Close Date: December 23, 2024
- Basis of Allotment: December 24, 2024
- Refunds Initiation: December 26, 2024
- Demat Credit Date: December 26, 2024
- Listing Date: December 27, 2024
IPO Price Band and Lot Size
- Price Band: ₹269 to ₹283 per share
- Face Value: ₹2 per share
- Lot Size: 53 shares
- Minimum Investment: ₹14,999 for retail investors (1 lot)
Investors can bid in multiples of the lot size.
Financial Performance
DAM Capital Advisors has exhibited strong growth in recent financial years. Below is a snapshot of the company’s key financials:
| Financial Year | Revenue (₹ Crore) | Net Profit (₹ Crore) |
|---|---|---|
| FY 2022-23 | 85.04 | 8.67 |
| FY 2023-24 | 182.00 | 70.52 |
| H1 FY 2024-25 | 109.58 | 43.78 |
The company has shown substantial revenue and profit growth, reflecting its operational efficiency and strong market presence.
Strengths of DAM Capital Advisors
- Leading Market Position: Strong reputation in investment banking with successful deals executed across sectors.
- Diverse Services: A broad portfolio including capital markets, M&A advisory, and institutional broking.
- Experienced Leadership: Seasoned management team with deep industry expertise.
- Growing Financial Performance: Impressive revenue and profit growth over the past few years.
Risks to Consider
- Market Dependency: Revenue depends heavily on capital market conditions and economic growth.
- High Competition: Faces intense competition from other well-established players in the financial services sector.
- Regulatory Changes: Any adverse regulatory developments could impact business operations.
Anchor Investors
Details about the anchor investors for DAM Capital Advisors Ltd IPO will be announced on December 18, 2024, just a day before the IPO opens for subscription.
Promoter Holding
Here’s the promoter shareholding structure before and after the IPO:
| Promoter | Pre-Issue Holding | Post-Issue Holding |
|---|---|---|
| Dharmesh Anil Mehta | [To be updated] | [To be updated] |
| Sonali Dharmesh Mehta | [To be updated] | [To be updated] |
| Boombucket Advisors Pvt. Ltd | [To be updated] | [To be updated] |
(Exact promoter holding data will be updated closer to the IPO.)
IPO Grey Market Premium (GMP)
As of the latest data, the Grey Market Premium (GMP) for DAM Capital Advisors Ltd IPO is approximately ₹108 per share. This indicates a potential premium of around 38% over the upper price band.
| GMP Date | GMP (₹) | Expected Listing Price (₹) |
|---|---|---|
| December 17, 2024 | 108 | 391 – 401 |
(GMP data is dynamic and may vary until the listing date.)
Final Thoughts
The DAM Capital Advisors Ltd IPO offers investors an opportunity to participate in the growth story of a leading investment bank. With a strong track record, impressive financial growth, and diverse services, the company stands well-positioned for further expansion. However, investors should carefully evaluate the risks, such as market dependency and competitive challenges, before making an investment decision.