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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Dam Capital Advisors Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹283
Per ShareLot Size
53 Shares
Minimum Investment
₹14,999
Issue Size
₹840.25 Cr
Face Value
₹2
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
45.88%
Promoter Holding (Post-Issue)
41.5%
Issue Type
Book Building
ISIN
INE284H01025
DAM Capital is a SEBI-registered entity with stockbroker registration number INZ000207137, Category I Merchant Banker with registration number MB/INM000011336, and Research Analyst with registration number INH000000131, registered on August 26, 2020, September 21, 2020, and October 5, 2020 respectively. It provides a wide range of financial solutions in areas of (i) merchant banking comprising equity capital markets ("ECM"), mergers and acquisitions ("M&A"), private equity ("PE"), and structured finance advisory; and (ii) institutional equities comprising broking and research. The Company focuses on the Indian capital markets, one of the most dynamic and high growth organised markets in the world.
The Indian Capital Market is one of the most dynamic and high growth organised markets in the world. It witnessed strong performance during the period Fiscal 2011-2024. The market capitalization of National Stock Exchange grew at 14.4% CAGR during Fiscal 2011 to Fiscal 2024. The NIFTY 50 index has grown at a CAGR of 10.9% over this period. BSE Sensex has followed a similar growth trajectory to Nifty 50. Both domestic and global factors were supportive of foreign capital inflows. The Indian capital market has shown a strong growth in Fiscal 2024 compared to Fiscal 2023 in terms of the number of issues (IPO, QIP, OFS, Rights Issue, Buyback, InvIT/REIT, FPO) which have increased from 234 in Fiscal 2023 to 316 in Fiscal 2024. In FY25,the number of issues stand at 215 as of October 2024.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of up to 29,690,900 equity shares of face value of Rs. 2 each ("Equity Shares") of Dam Capital Advisors Limited (The "Company" or the "Issuer") for cash at a price of Rs. 283 per equity share (the "Offer Price") aggregating up to Rs. 840.25 crores comprising an offer for sale of up to 8,714,400 equity shares of face value of Rs. 2 each aggregating up to Rs. 246.62 crores by Multiples Alternate Asset Management Private Limited ("Maampl"), up to 7,042,400 equity shares of face value of Rs. 2 each aggregating up to Rs. 199.30 crores by Narotam Satyanarayan Sekhsaria ("NSS"), up to 5,771,000 equity shares of face value of Rs. 2 each aggregating up to Rs. 163.32 crores by Rbl Bank Limited, up to 5,064,250 equity shares of face value of Rs. 2 each aggregating up to Rs. 143.32 crores by Easyaccess Financial Services Limited ("EFSL", together with Maampl, Nss and Rbl, the "Investor Selling Shareholders") and up to 3,098,850 equity shares of face value of Rs. 2 each aggregating up to Rs. 87.70 crores by Dharmesh Anil Mehta (the "Promoter Selling Shareholder", together with the investor selling shareholders, the "Selling Shareholders" and such offer by the selling shareholders, the "Offer for Sale"). The offer includes a reservation of up to 70,000 equity shares of face value Rs. 2 each, aggregating up to Rs. 1.98 crores (constituting up to 0.10% of the post-offer paid-up equity share capital, for subscription by eligible employees ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 42% and 41.90%, respectively, of the post-offer paid-up equity share capital of the company.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
DAM Capital Advisors Limited was originally incorporated as "S. S. Kantilal Ishwarlal Sharebrokers and Investors Private Limited" as a private limited company under the provisions of the Companies Act, 1956, at Bombay, India, pursuant to a certificate of incorporation dated May 7, 1993, issued by the Registrar of Companies, Maharashtra at Mumbai ("RoC"). The name of the Company was changed to "S. S. Kantilal Ishwarlal Securities Private Limited" pursuant to a special resolution of our shareholders dated March 26, 1994, and a fresh certificate of incorporation dated April 22, 1994 was issued by the RoC. Subsequently, the name of the Company was changed to IDFC-SSKI Securities Private Limited, pursuant to a special resolution of its shareholders dated September 21, 2007, and a fresh certificate of incorporation dated October 24, 2007, was issued by the RoC. Thereafter, pursuant to a shareholders' resolution dated February 12, 2008, the Company was converted into a public limited company and the name the Company was changed to "IDFC-SSKI Securities Limited", and a fresh certificate of incorporation dated March 10, 2008 was issued by the RoC. Pursuant to a special resolution dated February 16, 2010 passed by the shareholders, the name of the Company was changed to IDFC Securities Limited and a certificate of incorporation dated March 12, 2010 was issued by the RoC. The name of the Company changed to "DAM Capital Advisors Limited" pursuant to a special resolution of its shareholders dated June 25, 2020, and a fresh certificate of incorporation dated July 28, 2020, was issued by the RoC.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.