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DAM Capital Advisors IPO is a book-built issue worth ₹840.25 crores, consisting entirely of an Offer for Sale (OFS) of 2.97 crore shares.
The IPO Grey Market activity reflects market sentiment ahead of the listing date. Investors can track the IPO GMP to assess demand trends.
To check the IPO allotment, investors can visit the registrar’s website, Link Intime India Private Ltd, or IPO watch platforms.
For regular updates on IPO details, allotment status, and GMP, investors can keep track of IPO Watch websites or market reports.
For detailed information, including IPO GMP, allotment updates, and listing performance, refer to the DAM Capital Advisors IPO Red Herring Prospectus (RHP).
| IPO Details | Information |
|---|---|
| IPO Date | December 19, 2024 to December 23, 2024 |
| Listing Date | December 27, 2024 |
| Face Value | ₹2 per share |
| Price Band | ₹269 to ₹283 per share |
| Lot Size | 53 Shares |
| Total Issue Size | 2,96,90,900 shares (aggregating up to ₹840.25 Cr) |
| Offer for Sale | 2,96,90,900 shares of ₹2 (aggregating up to ₹840.25 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share Holding Pre-Issue | 7,06,86,000 shares |
| Share Holding Post Issue | 7,06,86,000 shares |
| Event | Date |
|---|---|
| IPO Open Date | Thursday, December 19, 2024 |
| IPO Close Date | Monday, December 23, 2024 |
| Basis of Allotment | Tuesday, December 24, 2024 |
| Initiation of Refunds | Thursday, December 26, 2024 |
| The credit of Shares to Demat | Thursday, December 26, 2024 |
| Listing Date | Friday, December 27, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 23, 2024 |
| 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 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 214.68 | 1,201.16 | 166.72 |
| Revenue | 182 | 85.04 | 94.51 |
| Profit After Tax | 70.52 | 8.67 | 21.9 |
| Net Worth | 162.61 | 95.13 | 87.97 |
| Reserves and Surplus | 148.47 | 80.99 | 73.84 |
| Total Borrowing | 4.93 | 3.29 | 1.41 |
| Amount in ₹ Crore | |||
The DAM Capital Advisors IPO is a well-structured opportunity for investors looking to benefit from a strong market presence and promising growth prospects. With a book-built issue valued at ₹840.25 crores and an attractive price band of ₹269 to ₹283 per share, the IPO offers significant potential for both retail and institutional investors. The minimum lot size of 53 shares ensures accessibility for retail investors, requiring an investment of only ₹14,999. Larger players, including sNII and bNII investors, can also participate with higher lot requirements and allocations.
The IPO has garnered immense interest in the IPO grey market, where the IPO GMP (Grey Market Premium) continues to reflect positive investor sentiment. The grey market activity provides a strong indication of demand and possible listing gains, making it a key metric for investors to monitor. Platforms such as IPO Watch are invaluable for staying updated on real-time GMP trends, subscription numbers, and overall IPO performance.
For investors, the IPO allotment status is a critical step to track after the subscription closes. The allotment status for the DAM Capital Advisors IPO is expected to be finalized on December 24, 2024, and it can be easily checked through the registrar, Link Intime India Private Ltd, or on trusted financial platforms. Whether checking through IPO Watch or broker portals, investors will receive timely updates on their allotment details, ensuring transparency and clarity.
Furthermore, with the tentative listing date set for December 27, 2024, on the BSE and NSE, the IPO is poised to deliver robust returns, particularly given the strong grey market interest and investor enthusiasm. Investors are encouraged to closely monitor IPO GMP, allotment status, and grey market activity to make well-informed investment decisions.
The DAM Capital Advisors IPO reflects the company’s strong fundamentals, competitive pricing, and positive growth trajectory, making it a valuable addition to an investor’s portfolio. By following real-time updates on IPO watch platforms, tracking subscription data, and monitoring the grey market premium, investors can maximize their chances of achieving attractive returns. For comprehensive insights, investors should also refer to the Red Herring Prospectus (RHP) and leverage platforms like IPO Watch for accurate information on the IPO process, including allotment results, GMP trends, and listing day performance.
In summary, the DAM Capital Advisors IPO offers an exciting opportunity for all investor categories. Whether you are a retail investor applying with a smaller lot or an institutional player seeking a substantial allocation, the IPO provides a promising avenue for growth. Monitoring IPO GMP, checking the IPO allotment status, and staying updated through platforms like IPO Watch will ensure that investors stay ahead of the curve and make the most of this investment opportunity.
