DAM Capital Advisors IPO
mainboardlistedAbout the company
DAM Capital Advisors, a SEBI-registered firm, offers financial services including merchant banking, M&As, private equity, and broking. Originally founded in 1993, it was rebranded in 2020 after being acquired by Dharmesh Anil Mehta. In FY24, it had a 12.1% market share in IPOs and QIPs. It raised over ₹36,000 crore for clients in the past three years. The company earned 67% of its revenue from merchant banking in FY24. It is launching an ₹840.25 crore IPO, with shares listed on NSE and BSE.
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
IPO Opens
Completed19 Dec 2024Bidding starts for all investor categories
IPO Closes
Completed23 Dec 2024Last day to place your bid
Basis of Allotment
Completed24 Dec 2024Share allotment finalised
Refund Initiation
Completed26 Dec 2024Refunds credited for non-allottees
Credit to Demat
Completed26 Dec 2024Allotted shares credited to demat account
Listing on Exchange
Completed27 Dec 2024Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail | 1 | 53 | ₹14,999 | 13 | ₹194,987 | ≤ ₹2,00,000 |
| sHNI (Small HNI) | 14 | 742 | ₹209,986 | 66 | ₹989,934 | ₹2L – ₹10L |
| bHNI (Big HNI) | 67 | 3551 | ₹1,004,933 | 72 | ₹1,079,928 | > ₹10L |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 15,217,392 | 420 | 0 | 0.00x | 100% |
| NII | 15% | 4,565,217 | 126 | 0 | 0.00x | 100% |
| Retail | 35% | 10,652,174 | 294 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
