Listed
DAM Capital Advisors Limited IPO
DAM Capital Advisors IPO is a book built issue of Rs 840.25 crores. The issue is entirely an offer for sale of 2.97 crore shares. DAM Capital Advisors IPO bidding started from December 19, 2024 and ended on December 23, 2024. The allotment for DAM Capital Advisors IPO was finalized on Tuesday, December 24, 2024. The shares got listed on BSE, NSE on December 27, 2024.
Min Investment
₹14999
Lot Size
53 Shares
Price Range
₹269.0 - 283.0
Issue Size (₹ Cr.)
₹840.25 Cr
IPO Type
Mainboard
Key Metrics
Face Value
₹ 2 per share
GMP
Subscription
81.88x
EPS
₹ 9.98
P/E Ratio
28.37 x
RoNW
44.98%
ROE
54.72%
Debt to Equity (₹ Cr.)
0.03
Timeline
IPO Opened19/12/2024Thursday
IPO Closed23/12/2024Monday
Allotted24/12/2024Tuesday
Refunded26/12/2024Thursday
Listed27/12/2024Friday
Strengths
- Low Debt & Strong Financial Stability – With a Debt-to-Equity ratio of 0.03, the company operates with minimal debt, ensuring financial flexibility and reduced risk.
- Robust IPO Performance – The IPO was oversubscribed 81.88 times, and shares listed at a 38.87% premium, reflecting strong investor confidence.
- Consistent Revenue & Profit Growth – The company has demonstrated steady earnings growth, benefiting from increased deal-making in investment banking, equity, and debt capital markets.
- Leading Investment Banking Services – DAM Capital Advisors is a recognized player in capital markets, M&A, private equity, and structured finance, offering a diverse range of financial services.
- Strong Industry Position – The firm benefits from India’s growing capital markets, IPO boom, and increasing corporate funding needs, ensuring long-term business growth.
Weaknesses
- High Dependence on Market Conditions – The company's revenue is directly linked to capital markets and investment banking activity, making it vulnerable to economic downturns and market volatility.
- Limited Diversification – Unlike larger financial firms, DAM Capital primarily focuses on investment banking and capital markets, lacking strong revenue streams from retail banking or asset management.
- Intense Competition – Faces strong competition from global and domestic financial institutions, including ICICI Securities, Axis Capital, and JM Financial, which have larger client bases and broader service portfolios.
- Fluctuating Profit Margins – Investment banking revenues are transaction-based, leading to inconsistent earnings depending on deal flow, IPO activity, and market sentiment.
- Regulatory & Compliance Risks – Operating in the financial services sector, the company is subject to strict SEBI, RBI, and global regulations, which can impact operations and increase compliance costs.
Financials
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |
|---|---|---|---|---|
| Assets (₹Cr) | 214.68 | 1,201.16 | 166.72 | |
| Revenue (₹Cr) | 182 | 85.04 | 94.51 | |
| Profit After Tax (₹Cr) | 70.52 | 8.67 | 21.9 | |
| Net Worth (₹Cr) | 162.61 | 95.13 | 87.97 | |
| Reserves and Surplus (₹Cr) | 148.47 | 80.99 | 73.84 | |
| Total Borrowing(₹Cr) | 4.93 | 3.29 | 1.41 |
Subscription Details
IPO Bidding Live Updates from BSE, NSE
| Day | # of Share Offered | Number of Lots Offered | 19th Dec 2024 19:04 | 20th Dec 2024 18:56 | 23rd Dec 2024 18:21 |
|---|---|---|---|---|---|
| QIB | 59,24,182 | 111777 | 0.01x | 0.07x | 166.33x |
| NII | 44,43,135 | 83833 | 3.74x | 11.56x | 98.47x |
| S-NII | 14,81,045 | 27944 | 5.74x | 16.02x | 91.00x |
| B-NII | 29,62,090 | 55888 | 2.74x | 9.33x | 102.21x |
| RII | 1,03,67,315 | 195610 | 3.95x | 9.16x | 26.80x |
| EMP | 70,000 | 1321 | 6.28x | 13.42x | 40.09x |
| Total | 2,08,04,632 | 392540 | 2.79x | 7.10x | 81.88x |
IPO Bidding Live Number of Shares by Category
| Category | Number of Shares offered | Number of Shares Bid | Bid Amount(Rs Cr) | ||
|---|---|---|---|---|---|
| QIB | 59,24,182 | 98,53,97,571 | 27,886.75 | ||
| NII | 44,43,135 | 43,75,19,399 | 12,381.80 | ||
| Small NII | 14,81,045 | 13,47,72,746 | 3,814.07 | ||
| Big NII | 29,62,090 | 30,27,46,653 | 8,567.73 | ||
| RII | 1,03,67,315 | 27,78,15,135 | 7,862.17 | ||
| EMP | 70,000 | 28,06,244 | 79.42 | ||
| Total | 2,08,04,632 | 1,70,35,38,349 | 48,210.14 |
Company Details
- PG-1, Ground Floor, Rotunda Building, Dalal Street, Fort, Mumbai 400001,
+91 22 4202 2500
- compliance@damcapital.in
- https://www.damcapital.in/
