Dam Capital Advisors IPO

About Dam Capital Advisors Limited IPO

Dam Capital Advisors Limited is an IPO of ₹840.25 crores. The issue is an offer for sale of ₹840.25 crores. The IPO opens for subscription on December 19, 2024 and closes on December 23, 2024. The shares will be allotted on Dec 24, 2024 and the initiation of refunds will happen on Dec 26, 2024.

Objective of Dam Capital Advisors IPO

• Fund incremental working capital requirements of our Company;
• Fund capital expenditure of our Company; and
• General corporate purposes.

Anchor Investor Information

The Anchor Investment date is Dec 18, 2024.

IPO Registrar and Book Running Lead Managers

Nuvama Wealth Management Limited (Past IPO Performance)

Registrar for the IPO is Link Intime India Private Limited

Business Model

• Merchant Banking: Advisory services for IPOs, mergers, acquisitions, and private equity.
• Institutional Equities: Research and broking services for institutional clients.
• Structured Finance: Support for debt syndication and financial restructuring.

Growth Trajectory

• Revenue Growth: Increased from ₹849.26 million in FY23 to ₹1,077.52 million in FY24.
• Profit Growth: Grew from ₹86.74 million in FY23 to ₹705.23 million in FY24.

Company Growth Trajectory

Market Position
DAM Capital is a niche leader in Indian merchant banking, leveraging its expertise in equity capital markets and institutional research. With strong sectoral insights, it commands a growing presence in India’s dynamic financial landscape.

Industry Overview

India’s capital markets have seen robust growth, driven by increased market capitalisation and a rise in equity issuances across segments. The country’s economic stability and proactive regulatory frameworks continue to attract both domestic and foreign investments.

Company Information

DAM Capital Advisors Limited is a SEBI-registered Category I Merchant Banker focusing on merchant banking, institutional equities, broking, and research. It has established itself as a premier financial solutions provider in the Indian capital markets.

Dam Capital Advisors IPO Risk Factors

• Revenue Concentration: Heavy reliance on merchant banking and equity broking.
• Regulatory Risks: Compliance with evolving SEBI norms critical for operations.
• Market Sensitivity: Business outcomes closely tied to market conditions.

How To Check Allotment Status of Dam Capital Advisors IPO?

You can check the allotment status of shares either on the website of the Bombay Stock Exchange (BSE) or on the website of the registrar — Link InTime India Pvt Ltd. To check the status on the BSE website:

• Visit the BSE website
• Click on “Investor Services” and choose “Application Status Check”
• Choose the issue type — Equity or Debt (Equity in this case)
• Select the Issue Name from the drop-down. The issue name is the company’s name, which is Dam Capital Advisors Ltd
• Enter your application number or PAN number
• Check the box which says “I’m not a Robot” and click on “Search” to know the allotment status

Follow these steps to know the allotment status on the registrar’s website:

• Visit the LinkIntime website
• Choose “Public Issues” from the “Investor Services” drop-down
• Select Dam Capital Advisors Ltd from the drop-down
• Enter your PAN number or Application number
• Click on “Submit” to know the allotment status