DAM Capital IPO GMP: All You Need to Know About the Upcoming IPO

The DAM Capital Advisors IPO has created significant buzz in the market with its competitive price band and strong financial track record. For investors looking to understand more about the DAM Capital IPO GMP, its share price, and allotment details, this guide provides a comprehensive overview. Let’s explore everything you need to know about the DAM Capital IPO.

DAM Capital Advisors IPO: Key Details

• IPO Date: December 19, 2024, to December 23, 2024
• Price Band: ₹269 to ₹283 per share
• Lot Size: 53 Shares
• Total Issue Size: ₹840.25 Crores (Offer for Sale of 2.97 crore shares)
• Face Value: ₹2 per share
• Listing Date: December 27, 2024 (Tentative)
• Listing Exchange: NSE, BSE
• Type: Book Built Issue IPO

The DAM Capital IPO opens on December 19, 2024, and closes on December 23, 2024, providing investors with a week to submit their bids. With a price range between ₹269 to ₹283, the IPO aims to raise up to ₹840.25 crores.

The DAM Capital Advisors IPO is entirely an Offer for Sale (OFS), with no fresh issue. This means existing shareholders will divest a part of their holding, bringing the company’s stock to the public markets.

DAM Capital IPO GMP (Grey Market Premium)

The Grey Market Premium (GMP) is a critical indicator for IPO investors. It reflects the market’s sentiment and the perceived listing gain for the IPO.

As of now, the DAM Capital IPO GMP stands at ₹[Insert GMP Value Here]. This indicates a premium over the upper price band of ₹283. Investors are advised to keep track of the DAM Capital IPO GMP updates regularly as it can fluctuate based on demand and market conditions.

The GMP is a strong indicator of how the DAM Capital shares are expected to perform on the listing date, December 27, 2024.

DAM Capital Advisors IPO Timeline

Here’s a detailed schedule for the IPO:

Investors must confirm their UPI mandates before 5 PM on December 23, 2024 to ensure a successful application.

DAM Capital Advisors: Company Overview

DAM Capital Advisors Limited is a prominent investment bank in India, offering services in:

1. Investment Banking: Equity Capital Markets (ECM), Mergers & Acquisitions (M&A), Private Equity, and Structured Finance Advisory.
2. Institutional Equities: Research and broking services for institutional investors.

Company History:

• Founded in 1993 as S.S. Kantilal Ishwarlal Securities Private Limited (SSKIPL).
• Acquired by IDFC in 2008.
• Rebranded as DAM Capital Advisors Limited in July 2020 after being acquired by Dharmesh Anil Mehta in 2019.

Client Base:

As of October 31, 2024, DAM Capital Advisors has served 263 active clients, including registered FPIs across India, USA, UK, Europe, Hong Kong, and other global markets.

Financial Track Record:

The company’s financial performance has been stellar:

With revenue growth of 114% and PAT increase of 713% between FY23 and FY24, DAM Capital has demonstrated strong financial resilience and growth.

Why Should You Invest in DAM Capital IPO?

Here are some reasons why investors are showing interest in the DAM Capital Advisors IPO:

1. Strong Financials: The company has achieved impressive revenue and profit growth.
2. Market Reputation: DAM Capital is a trusted investment banking player in India.
3. Wide Client Base: Serving over 263 institutional clients across geographies.
4. Grey Market Sentiment: Positive GMP indicates a likelihood of strong listing gains.

However, investors should also consider market risks and volatility before making their decisions.

DAM Capital IPO Share Price and Allotment:

The DAM Capital IPO allotment will be finalized on December 24, 2024. Investors can check their allotment status on the registrar’s website by entering their PAN number or application details.

The DAM Capital share price is set between ₹269 to ₹283 per share, offering opportunities for both retail and institutional investors.

• Minimum Retail Investment: ₹14,999 (1 lot of 53 shares)
• sNII Investment: 14 lots (742 shares) worth ₹2,09,986
• bNII Investment: 67 lots (3,551 shares) worth ₹10,04,933

Conclusion:

The DAM Capital IPO presents a promising investment opportunity for those looking to capitalize on the company’s strong market presence and growth potential. With an attractive DAM Capital IPO GMP and robust financials, investors can expect substantial interest in the IPO.

Make sure to stay updated on the DAM Capital share price, IPO allotment, and GMP trends as the listing date approaches. If you are looking for more investment opportunities like bonds, invoice discounting, or asset leasing, visit TapInvest.in – your go-to platform for smart investments.

FAQs on DAM Capital Advisors IPO:

1. What is the DAM Capital IPO GMP today? The DAM Capital IPO GMP today is ₹[Insert Value Here]. This indicates the expected premium over the IPO price.

2. What is the price band for the DAM Capital Advisors IPO? The price band is set between ₹269 to ₹283 per share.

3. When is the DAM Capital IPO listing date? The DAM Capital IPO is expected to list on December 27, 2024.

4. How can I check the DAM Capital IPO allotment status? Using your PAN or application details, you can check the allotment status on the registrar’s website.

5. What is the minimum investment required for DAM Capital IPO? Retail investors need to invest a minimum of ₹14,999 for 1 lot (53 shares).

For more updates on IPOs and alternative investment opportunities, explore our blogs at Tap Invest

To learn more about IPO, GMP, and other details please read these articles also:
https://tapinvest.in/blog/ofs-vs-ipo-differences/
https://tapinvest.in/blog/ipo-flipping/
https://tapinvest.in/blog/ipo-gmp-grey-market-premium/