Dam Capital Advisors Ltd
Price Range
₹269 - ₹283
Min. Quantity
53
Closes on
23 December 2024
Min. investment
₹14,999/689 Shares
Dam Capital Advisors Ltd IPO Timeline
Dam Capital Advisors Limited was originally incorporated as 'S. S. Kantilal Ishwarlal Sharebrokers and Investors Private Limited' as a Private Limited Company at Bombay, India, dated May 7, 1993, issued by the RoC. The Company name was changed to 'S. S. Kantilal Ishwarlal Securities Private Limited' and a fresh Certificate of Incorporation dated April 22, 1994 was issued by the RoC. Subsequently, the name of the Company was further changed to IDFC-SSKI Securities Private Limited, dated October 24, 2007. Thereafter, the status converted into a Public Company and the name was changed to 'IDFC-SSKI Securities Limited', dated March 10, 2008. Further, the Company name was changed to IDFC Securities Limited on March 12, 2010 and later on to 'DAM Capital Advisors Limited' vide fresh Certificate of Incorporation dated July 28, 2020, issued by the RoC.
| Event | Date |
|---|---|
| Dam Capital Advisors Ltd IPO Opening Date | 19 December 2024 |
| Dam Capital Advisors Ltd IPO Closing Date | 23 December 2024 |
| Basis of Allotment | 24 December 2024 |
| Initiation of Refunds | 26 December 2024 |
| Credit of Shares to Demat | 26 December 2024 |
| Dam Capital Advisors Ltd IPO Listing Date | 27 December 2024 |
Dam Capital Advisors Ltd IPO Details
| Dam Capital Advisors Ltd IPO Date | 19 December 2024 to 23 December 2024 |
| Dam Capital Advisors Ltd IPO Face Value | ₹2 per share |
| Dam Capital Advisors Ltd IPO Price | ₹269 to ₹283 per share |
| Dam Capital Advisors Ltd IPO Lot Size | 53 |
| Issue Size | Shares of ₹2 (aggregating up to ₹840.25 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹0 Cr) |
| Offer for Sale | Shares of ₹2 (aggregating up to ₹840.25 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 59,24,182 of the Net Offer |
| Retail Shares Offered | Not less than 1,03,67,315 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 44,43,135 of the Net Offer |
| Company Promoters | Dharmesh Anil Mehta, Sonali Dharmesh Mehta, Boombucket Advisors Pvt Ltd |
Dam Capital Advisors Ltd IPO Lot Size
The Dam Capital Advisors Ltd IPO lot size is 53 shares. A retail-individual investor can apply for up to 13 lots (689 shares or ₹1,94,987).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 53 | ₹14,999 |
| Maximum | 13 | 689 | ₹1,94,987 |
- Strengths
- Risks
- Opportunities
- The Company is a fastest-growing merchant bank in India.
- Proven execution with in-depth understanding of sectors and products.
- Institutional equities platform with comprehensive research and execution capabilities.
- Extensive coverage of corporates, financial sponsors and institutional investors, with repeat business.
- Experienced management and professionals, backed by a majority independent board.
- Strong track record of revenue growth and profitability.
Company Financials
Dam Capital Advisors Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 212.13 | 181.77 | 70.29 |
| 03-2023 | 1,197.55 | 84.95 | 8.54 |
| 03-2022 | 164.52 | 94.51 | 21.83 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Listing the Equity Shares on the Stock Exchanges
Dam Capital Advisors Ltd IPO Promoter Holding
| Pre Issue Share Holding | 26.26% |
| Post Issue Share Holding | 21.87% |
Dam Capital Advisors Ltd IPO Subscription Status (Bidding Detail)
The Dam Capital Advisors Ltd IPO is subscribed 82.08 times on 23 December 2024 05:00:00 PM. The public issue subscribed 27.1285 times in the retail category, 166.3348 times in the QIB category, and 98.624 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 166.3348 | 98.624 | 27.1285 | 40.5511 | 82.08 |
Dam Capital Advisors Ltd IPO Prospectus
Dam Capital Advisors Ltd IPO Listing Date
| Listing Date | 27 December 2024 |
| BSE Script | 544316 |
| NSE Symbol | DAMCAPITAL |
| Listing In | BSE, NSE |
| ISIN | INE284H01025 |
| IPO Price | ₹283 |
| Face Value | ₹2 |
Company Contact Information
PG-1 Grnd Flr Rotunda BuildingDalal Street Fort,Mumbai-400001
Phone: +91 22 4202 2500
Email: compliance@damcapital.in
Website: www.damcapital.in
Dam Capital Advisors Ltd IPO Registrar
Dam Capital Advisors Ltd IPO Lead Manager(s)
- Nuvama Wealth Management Ltd
FAQ
What is the issue size of Dam Capital Advisors Ltd IPO?
I have pre-applied for Dam Capital Advisors Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.