DAM Capital Advisors Limited is coming up with an IPO to sell 2.97 crore shares worth INR 840.25 crores. The company aims to enhance visibility, brand image, and liquidity and provide a public market for shares.
DAM Capital Advisors IPO – Important Dates
DAM Capital Advisors Limited IPO Date | December 19, 2024 to December 23, 2024 |
DAM Capital Advisors Limited IPO Listing Date | December 27, 2024 |
DAM Capital Advisors Limited IPO Price | INR 269-283 per share |
DAM Capital Advisors Limited IPO Lot Size | 53 Shares |
DAM Capital Advisors Limited IPO Total Issue Size | INR 840.25 crores |
DAM Capital Advisors Limited IPO Basis of Allotment | December 24, 2024 |
DAM Capital Advisors Limited IPO Initiation of Refunds | December 26, 2024 |
DAM Capital Advisors Limited IPO Credit of Shares to Demat | December 26, 2024 |
DAM Capital Advisors Limited IPO Issue Type | Book Built Issue IPO |
DAM Capital Advisors Limited IPO Listing At | BSE NSE |
Read more about DAM Capital Advisors Limited IPO GMP
DAM Capital Advisors Limited IPO – Company Profile
DAM Capital Advisors Limited is India’s fastest-growing investment bank, achieving the highest revenue CAGR from 2022 to 2024. With a 12.1% market share in IPOs and QIPs, it provides comprehensive services in investment banking and institutional equities.
With deep expertise in Indian capital markets, DAM Capital Advisors has executed 67 ECM transactions and advised on 20 deals. It serves 257 active institutional clients globally and is supported by 60 professionals in research and broking.
Through its wholly-owned subsidiary, DAM Capital (USA) Inc., a registered broker-dealer in New York, DAM Capital extends its services to U.S. clients, facilitating Rule 144A issuances of Indian companies to institutional investors.
DAM Capital Advisors Ltd IPO Fundamental Analysis
DAM Capital Advisors Limited’s financial analysis reveals a mixed performance. Revenue has shown fluctuation, with a significant increase in the current year. Equity and assets have grown, while profitability, EPS, and RoNW reflect strong financial performance.
- Revenue Trend: The revenue decreased from ₹933.68 million in March 2022 to ₹849.26 million in March 2023. The revenue for the current year’s 12-month period ending March 2024 is INR 1,800.42 million.
- Equity and Liabilities: Equity has shown a consistent increase over the periods, reflecting potential growth and expansion.
- Profitability: The profit after tax (PAT) has significantly increased from ₹218.98 million in March 2022 to ₹705.23 million by March 2024. This improvement in profitability could be a source of confidence among investors.
- Earnings per Share (EPS): The diluted EPS has risen from ₹3.10 in March 2022 to ₹9.98 by March 2024, reflecting higher earnings per share for investors.
- Return on Net Worth (RoNW): The RoNW has risen from 24.89% to 43.37%, indicating an increase in the company’s ability to generate returns on shareholder equity.
- Financial Position: Total assets have increased, suggesting potential business growth.
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JSW Cement IPO | N/A |
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Ather Energy IPO | N/A |
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DAM Capital Advisors IPO Financial Analysis
Particular | As of 31 March 2022 | As of 31 March 2023 | As of 31 March 2024 |
Revenue (₹ in millions) | 933.68 | 849.26 | 1,800.42 |
Equity (₹ in millions) | 879.72 | 951.26 | 1,626.11 |
Expenses (₹ in millions) | 664.62 | 731.75 | 865.32 |
Profit and Loss After Tax (₹ in millions) | 218.98 | 86.74 | 705.23 |
Diluted EPS only (₹) | 3.10 | 1.23 | 9.98 |
Return on Net Worth (%) | 24.89 | 9.12 | 43.37 |
NAV per Equity Share (₹) | 12.45 | 13.46 | 23.00 |
Total Assets (in millions) | 1,667.17 | 12,011.55 | 2,146.81 |
Total Liabilities (in millions) | 787.45 | 11,060.29 | 520.7 |
DAM Capital Advisors Limited IPO Peer Comparison
DAM Capital Advisors Limited outperforms its peers in profitability and return metrics, with strong earnings per share and return on net worth. In comparison, ICICI Securities, IIFL Securities, JM Financial, and Oswal Financial exhibit varied financial performances.
Company | Total Income (in ₹ million) | Face Value per Equity Share (₹) | P/E (Based on Basic EPS) | P/E (Based on Diluted EPS) | EPS (Basic) (₹) | EPS (Diluted) (₹) | RoNW (%) | Net AssetValue (₹) |
DAM Capital Advisors Limited | 1,820.00 | 2 | – | – | 9.98 | 9.98 | 43.37 | 23.00 |
ICICI Securities Limited | 50,511.00 | 5 | 15.40 | 15.48 | 52.51 | 52.22 | 43.25 | 121.40 |
IIFL Securities Limited | 22,312.87 | 2 | 16.68 | 17.01 | 16.73 | 16.40 | 28.71 | 58.09 |
JM Financial Limited | 48,321.60 | 1 | 21.43 | 21.43 | 4.29 | 4.29 | 0.25 | 115.70 |
Oswal Financial Services Limited | 71,305.20 | 1 | 16.94 | 17.12 | 41.16 | 40.73 | 27.89 | 147.12 |
DAM Capital Advisors Ltd IPO Objective
The main objective of DAM Capital Advisors Limited is to enhance visibility, brand image, and liquidity and provide a public market for shares.
DAM Capital Advisors IPO Risks And Challenges
DAM Capital Advisors Limited’s risk includes regulatory compliance challenges, exposure to market volatility, legal liabilities from investment advice and trading disputes, and the impact of economic slowdowns, geopolitical tensions, and evolving laws on its operations.
- The company operates in a highly regulated industry, subject to SEBI and other authorities’ oversight. Compliance with regulations, including insider trading, conflicts of interest, and licensing, is critical but may impose operational challenges.
- Economic conditions and market volatility significantly impact DAM Capital Advisors’ business. Economic slowdowns, geopolitical tensions, or financial crises can reduce revenues and profits, especially in investment banking, advisory, and brokerage services.
- Their investment banking and institutional equities businesses are exposed to legal risks, including liabilities from false statements, investment advice, and trading disputes. Regulatory inspections, penalties, and evolving laws could increase compliance costs and affect operations.
DAM Capital Advisors Ltd IPO – Industry & Market Potential
The Indian mutual fund industry’s AUM grew at a 16.8% CAGR, reaching Rs 54.13 trillion by March 2024. Due to favourable macroeconomic factors, continued growth is projected at 17-18% CAGR through FY29.
Equity AUM rose by 42.2% in fiscal 2024 to Rs 31.24 trillion, with expectations for a 20-21% CAGR until 2029. ETFs are forecasted to lead with a 22-23% CAGR, driven by the growing passive investing trend.
Debt and liquid funds are expected to experience slower growth, with projections of 10-11% CAGR for debt funds and 8-9% for liquid funds, impacted by high interest rates and changing investor preferences.
DAM Capital Advisors Limited IPO – Type of Offer
DAM Capital Advisors Limited proposes an offer to sell 2.97 crore existing shares worth INR 840.25 crores, aiming to enhance visibility, brand image, and liquidity and provide a public market for shares.
- Offer for sale: DAM Capital Advisors Limited is offering to sell 2.97 crore existing shares worth INR 840.25 crores. The following are the details of the existing shareholder, who is also the promoter selling the shares:
Name of the promoter selling shareholder | No. of shares offered |
Dharmesh Anil Mehta | 4,241,160 |
DAM Capital Advisors IPO Offer Size
The offer size of DAM Capital Advisors Limited is INR 840.25 crores, consisting of an offer to sell 2.97 crore shares. The company aims to enhance visibility, brand image, and liquidity and provide a public market for shares.
DAM Capital Advisors Limited IPO Allotment Structure
DAM Capital Advisors Limited’s allocation will be as follows: 50% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 35% for Retail Individual Investors (RII) according to SEBI regulations.
● Qualified Institutional Buyers (QIB): As per SEBI regulations, 50% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.
● Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs.2 lakhs.
● Retail Individual Investors (RII): The remaining 35% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs.2 lakhs.
How to apply for DAM Capital Advisors IPO?
To apply for the DAM Capital Advisors Limited IPO through Alice Blue, follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the DAM Capital Advisors Limited IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the DAM Capital Advisors Limited IPO at Alice Blue in just a few clicks!
Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How do you check DAM Capital Advisors IPO Allotment Status?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the DAM Capital Advisors Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the DAM Capital Advisors Limited IPO.
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, we request you to reach out to our customer support team at Alice Blue for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the DAM Capital Advisors Limited IPO:
● Registrar’s Website: Visit the website of Link Intime India Private Limited, the registrar of the DAM Capital Advisors Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
● BSE NSE: You can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) National Stock Exchange (NSE). You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.
DAM Capital Advisors Ltd IPO Offer Registrar
The registrar for the DAM Capital Advisors Limited IPO is Link Intime India Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
Link Intime India Private Limited
C-101, 1st Floor
247 Park, Lal Bahadur Shastri Marg
Vikhroli (West)
Mumbai 400 083, Maharashtra, India
Tel: +91 810 811 4949
E-mail: [email protected]
Website: www.linkintime.co.in
DAM Capital Advisors IPO – FAQs
The allotment date of the DAM Capital Advisors is December 24, 2024.
The price band of the issue is INR 269-283 per share.
The offer size of DAM Capital Advisors Limited is INR 840.25 crores, consisting of an offer to sell 2.97 crore shares. The company aims to enhance visibility, brand image, and liquidity and provide a public market for shares.
The listing date of the DAM Capital Advisors is December 27, 2024.
DAM Capital Advisors is getting listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
The open and close dates of the DAM Capital Advisors Limited are December 19, 2024 and December 23, 2024.
To apply for the DAM Capital Advisors Limited IPO through Alice Blue, open a demat and trading account, check the IPO details, place your bid within the price band, and submit your application. After the allotment, check your status to see if shares have been allotted.
The Book Runner for the DAM Capital Advisors is Nuvama Wealth Management Limited.