DAM Capital Advisors is set to launch its Initial Public Offering (IPO) in 2024, with the IPO closing on the same year. The offering is structured as a Book Built Issue, aiming to raise approximately ₹[.] crores. This includes a fresh issue worth ₹[.] crores and an Offer for Sale (OFS) of up to 32,064,010 equity shares, each with a face value of ₹2.
DAM Capital Advisors IPO Details
Here are the key details of the DAM Capital Advisors IPO:
- IPO Open Date: 2024
- IPO Close Date: 2024
- Face Value: ₹2 per equity share
- IPO Price Band: ₹[.] to ₹[.] per share
- Issue Size: Approximately ₹[.] crores, comprising 32,064,010 shares
- Fresh Issue: Approx ₹[.] crores
- Offer for Sale: Approx 32,064,010 equity shares
- Issue Type: Book-built issue
- IPO Listing: BSE & NSE
Quota Allocation:
- Retail Investors: Up to 35%
- Qualified Institutional Buyers (QIB): Up to 50%
- Non-Institutional Investors (NII): Up to 15%
Additional Information:
- Draft Red Herring Prospectus (DRHP): Click Here
- Red Herring Prospectus (RHP): Click Here
DAM Capital Advisors IPO Market Lot Details
The DAM Capital Advisors IPO has a minimum market lot of [.] shares with an application amount of ₹[.]. Retail investors can apply for up to 13 lots, amounting to [.] shares or an investment of ₹[.].
| Category | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | – | ₹– |
| Retail Maximum | 13 | – | ₹– |
| S-HNI Minimum | 14 | – | ₹– |
| B-HNI Minimum | 68 | – | ₹– |
DAM Capital Advisors IPO Schedule
The DAM Capital Advisors IPO is scheduled to open in 2024 and close in 2024. The allotment of shares will be finalized on 2024, with refunds processed on the same date. Shares will be credited to investors’ Demat accounts by 2024, and the IPO is expected to list on 2024.
| Event | Date |
|---|---|
| IPO Open Date | 2024 |
| IPO Close Date | 2024 |
| Basis of Allotment | 2024 |
| Refunds | 2024 |
| Credit to Demat | 2024 |
| IPO Listing Date | 2024 |
About DAM Capital Advisors Limited
Founded on May 7, 1993, DAM Capital Advisors Limited is one of India’s leading investment banks. The company provides a wide range of financial services, including:
- Investment Banking Services:
- Equity Capital Markets (ECM)
- Mergers and Acquisitions (M&A)
- Private Equity (PE)
- Structured Finance Advisory
- Institutional Equities:
- Broking
- Research
Their primary focus is on the Indian capital market, one of the fastest-growing markets globally.
Key Achievements (as of July 31, 2024):
- 67 ECM Transactions:
- 26 Initial Public Offerings (IPOs)
- 15 Qualified Institutions Placements (QIPs)
- 5 Offers for Sale (OFS)
- 6 Preferential Issues
- 3 Rights Issues
- 7 Buybacks
- 4 Open Offers
- 1 IPO of units by a Real Estate Investment Trust (REIT)
- 20 Advisory Transactions:
- M&A Advisory
- Private Equity Advisory
- Structured Finance Advisory
- Execution of Block Trades
Financial Performance:
As of March 31, 2024, DAM Capital Advisors reported:
- 114% growth in revenue
- 713% increase in profit after tax (PAT)
DAM Capital Advisors IPO – Financial Report
DAM Capital Advisors reported a significant growth in its financial performance. The company achieved ₹180.04 crores in revenue for the year 2024, compared to ₹84.93 crores in 2023. Profit after tax (PAT) also saw a remarkable increase, rising to ₹70.52 crores in 2024, up from ₹8.67 crores in the previous year.
Financial Summary (₹ in Crores)
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
|---|---|---|---|---|
| 2022 | ₹93.37 | ₹66.46 | ₹21.90 | ₹166.72 |
| 2023 | ₹84.93 | ₹73.18 | ₹8.67 | ₹1,201.16 |
| 2024 | ₹180.04 | ₹86.53 | ₹70.52 | ₹214.68 |
DAM Capital Advisors IPO Valuation – FY2024
Here are the key valuation metrics for DAM Capital Advisors IPO, including Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV):
| KPI | Value |
|---|---|
| Return on Equity (ROE) | NA |
| Return on Capital Employed (ROCE) | NA |
| EBITDA Margin | 66.8% |
| Profit After Tax (PAT) Margin | 38.75% |
| Debt to Equity Ratio | NA |
| Earnings Per Share (EPS) | ₹9.98 (Basic) |
| Price-to-Earnings (P/E) Ratio | NA |
| Return on Net Worth (RoNW) | 43.37% |
| Net Asset Value (NAV) | ₹23 |
Peer Group Comparison
Here is a comparison of DAM Capital Advisors with its industry peers:
| Company | EPS | P/E Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| ICICI Securities Limited | ₹52.51 | 15.40 | 43.25% | ₹121.40 | ₹50,511.00 Cr. |
| IIFL Securities Limited | ₹16.73 | 16.68 | 28.71% | ₹58.09 | ₹22,312.87 Cr. |
| JM Financial Limited | ₹4.29 | 21.43 | 0.25% | ₹115.70 | ₹48,321.60 Cr. |
| Motilal Oswal Financial Services Limited | ₹41.16 | 16.64 | 27.89% | ₹147.12 | ₹71,305.20 Cr. |
Objects of the Issue
The company will not receive any proceeds from the Offer for Sale by the Selling Shareholders.
DAM Capital Advisors IPO Review
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DAM Capital Advisors IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: damcapital.ipo@linkintime.co.in
Website: Link Intime IPO
IPO Lead Managers (Merchant Bankers)
- Nuvama Wealth Management Limited
Company Address
DAM Capital Advisors Limited
PG-1, Ground Floor,
Rotunda Building, Dalal Street,
Fort, Mumbai 400001,
Phone: +91 22 4202 2500
Email: compliance@damcapital.in
Website: DAM Capital Advisors
How to apply for DAM Capital Advisors IPO?
You can apply for the DAM Capital Advisors IPO through ASBA (Applications Supported by Blocked Amount) online via your bank account. Alternatively, you can apply via UPI through your stockbroker or fill out an offline application form through your stockbroker.
What is the issue size of DAM Capital Advisors IPO?
The issue size of the DAM Capital Advisors IPO is ₹[] crores.
What is the price band for DAM Capital Advisors IPO?
The price band for the DAM Capital Advisors IPO is ₹[] per share.
What is the lot size for DAM Capital Advisors IPO?
The minimum bid for the DAM Capital Advisors IPO is [] shares, with a total amount of ₹[].
What is the allotment date for DAM Capital Advisors IPO?
The allotment date for the DAM Capital Advisors IPO is in 2024.
What is the listing date for DAM Capital Advisors IPO?
The listing date for the DAM Capital Advisors IPO is in 2024, and the shares will be listed on both the BSE and NSE.
FAQs for DAM Capital Advisors IPO
What is DAM Capital Advisors IPO?
The DAM Capital Advisors IPO is a main-board IPO where the company aims to raise ₹[] crores. The issue is priced at ₹[] per equity share and will be listed on the BSE and NSE.
When will DAM Capital Advisors IPO open for subscription?
The IPO will open for subscription in 2024 for QIB, NII, and retail investors. The subscription will close in 2024.
What is the investor portion for DAM Capital Advisors IPO?
The investor portion for the DAM Capital Advisors IPO is divided as follows:
- QIB (Qualified Institutional Buyers): 50%
- NII (Non-Institutional Investors): 15%
- Retail Investors: 35%
