DAM Capital Advisors Limited is an investment bank in India.
The company offers a wide range of financial solutions in the areas of:
- Investment banking comprising equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), and structured finance advisory; and
- Institutional equities comprising broking and research.
The company has successfully executed 67 ECM transactions comprising 26 IPOs, 15 qualified institutions placements, 5 offers for sale, 6 preferential issues, 3 rights issues, 7 buybacks, 4 open offers and 1 initial public offer of units by a real estate investment trust. (since the Acquisition till July 31, 2024).
DAM Capital Advisors Limited has also advised on 20 advisory transactions, including M&A, A advisory, private equity advisory, and structured finance advisory, and has executed block trades since the Acquisition until July 31, 2024.
As of July 31, 2024, the institutional equities business comprised 27 research employees and 33 broking team employees.
The company has provided services to 257 active clients including registered FPIs spread across geographies such as India, USA, UK, Europe, Hong Kong, Singapore, Australia, Taiwan, South Korea, Middle East and South Africa.
As of July 31, 2024, The company had a team of 115 employees across all businesses. The company’s wholly-owned Subsidiary, DAM Capital (USA) Inc. is incorporated in New York, USA, and is registered as a Broker-Dealer with the Securities and Exchange Commission.
DAM Capital Advisors IPO – Details
| IPO Opening Date | 19 December 2024 |
| IPO Closing Date | 23 December 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 2,96,90,900 Shares Worth ₹840.25 Crore Offer For Sale: 2,96,90,900 Shares Worth ₹840.25 Crore |
| Face Value | ₹2 per equity share |
| IPO Price | ₹269 – ₹283 per share |
| Market Lot | 53 Shares |
| Min Order | 53 Shares (1 Lot) |
| Listing At | BSE, NSE |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
DAM Capital Advisors IPO – Date Schedule
| IPO Open Date | 19 November 2024 |
| IPO Close Date | 23 December 2024 |
| Basis of Allotment | 24 December 2024 |
| Initiation of Refund | 26 December 2024 |
| Credit of Shares to Demat Account | 26 December 2024 |
| IPO Listing Date | 27 December 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 23, 2024 |
DAM Capital Advisors IPO – Lots Size & Price
| 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 |
Competitive Strengths
- The company is the 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 Promoters
- Dharmesh Anil Mehta
- Sonali Dharmesh Mehta
- Boombucket Advisors Private Limited
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 94.50 | 66.46 | 21.89 | 1.40 |
| 31 March 2022 | 85.04 | 73.17 | 8.67 | 3.29 |
| 31 March 2023 | 182.00 | 86.53 | 70.52 | 4.92 |
| 30 September 2024 | 109.58 | 51.01 | 43.78 | 4.75 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 54.72% |
| RoNW | 43.37% |
| PAT Margin | 38.75 |
| Pre IPO | Post IPO | |
| EPS (Rs) | – | – |
| P/E (x) | – | – |
Object Of The Issue
- The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.
DAM Capital Advisors IPO Peer Comparison
| S. No. | Face Value | Company Name | PE |
| 1 | 5 | ICICI Securities Limited | 17.06 |
| 2 | 5 | IIFL Capital Services Limited | 20.98 |
| 3 | 1 | JM Financial Limited | 32.66 |
| 4 | 1 | Motilal Oswal Financial Services Limited | 23.82 |
DAM Capital Advisors IPO Promoter Holding
| Pre Issue Share Holding | 45.88% |
| Post Issue Share Holding | 41.50% |
DAM Capital Advisors IPO Prospectus
Company Contact Information
| DAM Capital Advisors Limited 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/ |
DAM Capital Advisors IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: damcapital.ipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
DAM Capital Advisors IPO Lead Manager(s)
| 1. Nuvama Wealth Management Limited |
DAM Capital Advisors IPO FAQs
| What is DAM Capital Advisors IPO? DAM Capital Advisors IPO is a main-board IPO. The issue is priced at ₹269 to ₹283 per equity share. The IPO is to be listed on BSE & NSE. |
| When DAM Capital Advisors IPO will open? The IPO is to open on 19 December 2024 for QIB, NII, and Retail Investors. |
| What is DAM Capital Advisors IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the DAM Capital Advisors IPO? You can apply DAM Capital Advisors IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the DAM Capital Advisors IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “DAM Capital Advisors IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the DAM Capital Advisors IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “DAM Capital Advisors IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the DAM Capital Advisors IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “DAM Capital Advisors IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the DAM Capital Advisors IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “DAM Capital Advisors IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is DAM Capital Advisors IPO Size? DAM Capital Advisors IPO size is ₹840.25 Crore. |
| What is the DAM Capital Advisors IPO Price Band? DAM Capital Advisors IPO Price Band is ₹269 to ₹283. |
| What is DAM Capital Advisors IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 53 Shares with ₹14,999 amount while the maximum bid is 689 Shares with ₹1,94,987. |
| What is the DAM Capital Advisors IPO Allotment Date? DAM Capital Advisors IPO allotment date is 24 December 2024. |
| What is the DAM Capital Advisors IPO Listing Date? DAM Capital Advisors IPO listing date is 27 December 2024. The IPO is to be listed on BSE and NSE. |
