Dam Capital Advisors Limited
Dam Capital Advisors is a leading financial services provider in India, specializing in merchant banking and institutional equities. Its merchant banking services include equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), and structured finance advisory, while institutional equities cover broking and research. Between November 7, 2019, and October 31, 2024, it executed 72 ECM transactions, including 27 IPOs, 16 QIPs, 6 OFS, 6 preferential issues, 4 rights issues, 8 buybacks, 4 open offers, and 1 REIT IPO. With a 12.1% market share in Fiscal 2024, it ranked among India’s top merchant banks (Source: CRISIL Report).
Price Band₹269 - ₹283 |
Dates19 Dec - 23 Dec |
GMP₹110 (38.87%) |
Subscriptions82.08 times |
Issue Size₹840.25 Crs |
DAM Capital IPO Objects
The issue is a complete Offer for Sale (OFS). The company will not receive any funds from the issue, entire proceeds will be received by the Selling Shareholder(s).
DAM Capital IPO Details
Price Band₹269 - ₹283 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹0.00 (0.00 Shares) |
Offer For Sale₹840.25 Cr (2.97 Cr Shares) |
Total Issue₹840.25 Cr (2.97 Cr Shares) |
Face Value₹2 per equity share |
DAM Capital IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
53
14,999
Maximum
13
689
1,94,987
|
|||
| Small HNI |
Minimum
14
742
2,09,986
Maximum
66
3,498
9,89,934
|
|||
| Big HNI |
Minimum
67
3,551
10,04,933
|
|||
DAM Capital IPO Subscription
Updated as on 23-Dec-2024 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 166.33 | 59,24,182 | 98,53,97,571 |
| NII | 98.62 | 44,43,135 | 43,81,99,866 |
| bNII (bids above ₹10L) | 102.21 | 29,62,090 | 30,27,46,653 |
| sNII (bids between ₹2L to ₹10L) | 91.46 | 14,81,045 | 13,54,53,213 |
| Retail | 27.13 | 1,03,67,315 | 28,12,50,118 |
| Employee | 40.55 | 70,000 | 28,38,574 |
| Total | 82.08 | 2,08,04,632 | 1,70,76,86,129 |
Subscription data excludes the Anchor Investor portion.
DAM Capital IPO GMP
The estimated Grey Market Premium of DAM Capital IPO is ₹110 per share (38.87%)
- GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
- The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
DAM Capital IPO Financials
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 107.75 | 180.04 | 84.93 | 93.37 |
| Profit after Tax | 43.78 | 70.52 | 8.67 | 21.90 |
| Net Worth | 197.03 | 156.79 | 87.68 | 81.12 |
| Total Borrowing | 4.75 | 4.93 | 3.29 | 1.41 |
| Total Assets | 257.45 | 214.68 | 1,201.16 | 166.72 |
| NAV per share (in ₹) | 27.87 | 22.18 | 12.40 | 11.48 |
| EPS - Basic (in ₹) | 6.19 | 9.98 | 1.23 | 3.10 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| PAT | 38.75% |
| ROE | 54.72% |
| Revenue per Emp (In Crs.) | 1.64 |
| PE Ratio | 28.36 |
| PB Ratio | 12.76 |
| Mkt Cap (in Crs.) | 2,000.41 |
- All the data pertains to FY 2023-24.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
DAM Capital IPO Peer Comparision
| Particulars | DAM Capital | ICICI Securities | IIFL Capital Services | Motilal Oswal FS | JM Financial |
|---|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 182.00 | 5,051.10 | 2,231.29 | 7,130.52 | 4,832.16 |
| PAT (In Crs.) | 70.52 | 1,696.69 | 513.35 | 2,445.62 | 27.52 |
| EPS - Basic | 9.98 | 52.51 | 16.73 | 4.29 | 41.16 |
| NAV per share | 22.18 | 121.31 | 58.09 | 115.70 | 147.12 |
| RONW | 44.98% | 43.25% | 28.71% | 0.25% | 27.89% |
| Revenue per Employee (In Crs.) | 1.64 | 0.93 | 1.50 | 0.63 | 1.21 |
| PAT Margin | 38.75% | 33.59% | 23.01% | 34.30% | 0.57% |
| Price to earning (PE)* | 28.36 | 16.96 | 20.56 | 32.66 | 23.57 |
- All information pertains to FY 2023-24.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 6, 2024 for Peers
DAM Capital IPO Peer Comparision
| Particulars | DAM Capital |
|---|---|
| Revenue from Ops (in Crs.) | 182.00 |
| PAT (In Crs.) | 70.52 |
| EPS - Basic | 9.98 |
| NAV per share | 22.18 |
| RONW | 44.98% |
| Revenue per Employee (In Crs.) | 1.64 |
| PAT Margin | 38.75% |
| Price to earning (PE)* | 28.36 |
| ICICI Securities | IIFL Capital Services | Motilal Oswal FS | JM Financial |
|---|---|---|---|
| 5,051.10 | 2,231.29 | 7,130.52 | 4,832.16 |
| 1,696.69 | 513.35 | 2,445.62 | 27.52 |
| 52.51 | 16.73 | 4.29 | 41.16 |
| 121.31 | 58.09 | 115.70 | 147.12 |
| 43.25% | 28.71% | 0.25% | 27.89% |
| 0.93 | 1.50 | 0.63 | 1.21 |
| 33.59% | 23.01% | 34.30% | 0.57% |
| 16.96 | 20.56 | 32.66 | 23.57 |
- All information pertains to FY 2023-24.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 6, 2024 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Dharmesh Anil Mehta | 26.26% |
| Sonali Dharmesh Mehta | 8.92% |
| Boombucket Advisors Private Limited | 10.71% |
Management Details
| Name | Designation |
|---|---|
| Dharmesh Anil Mehta | MD and CEO |
| Hitesh Mahendrakumar Desai | Chief Financial Officer |
| Jateen Madhukar Doshi | Executive Director |
Company Details
Name: Dam Capital Advisors Limited
Address: One BKC, Tower C, 15th Floor, Unit No. 1511, Bandra Kurla Complex, Bandra (East), Mumbai 400 051 Maharashtra, India
Number: +91 22 4202 2500
Email: compliance@damcapital.in
Website: www.damcapital.in
Book Running Lead Managers (BRLMs)
Nuvama Wealth
Visit WebsiteRTAs
Link Intime
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
DAM Capital IPO is a Mainboard IPO having an issue size of Rs. ₹840.25 Crs. DAM Capital IPO is priced at ₹269 - ₹283 per share. The issue opens on 19 Dec 24 and closes on 23 Dec 24.
DAM Capital IPO opens on 19 Dec 24 and closes on 23 Dec 24.
The estimated Grey Market Premium of DAM Capital IPO is ₹110 per share (38.87%).
The minimum lot size of DAM Capital IPO is 53 shares & the minimum application amount is Rs. 14999.
The allotment date of DAM Capital IPO is 24 Dec 24.
The listing date of DAM Capital IPO is 27 Dec 24.
DAM Capital IPO is subscribed 82.08 times.
DAM Capital IPO is priced at ₹269 - ₹283 per share.
Click the allotment link on DAM Capital IPO page of IPO360.
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select DAM Capital IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
We are a one-stop destination for all your IPO needs. Get reliable, accurate, and timely information for all the IPOs in India!