DAM Capital Advisors Limited
Lot Size
1 Lot = 53 Qty |
Min Investment
₹14999 |
Subscription
Oversubscribed |
Listing Gain
0(Points) |
IPO Details
Open Date
Dec 19, 2024 |
Close Date
Dec 23, 2024 |
Allotment Date
Dec 24, 2024 |
Allotment Date
Dec 24, 2024 |
Refund Initiation
Dec 26, 2024 |
Demat Transfer
Dec 26, 2024 |
Listing Date
Dec 27, 2024 |
Fresh Issue
0 |
Offer For Sale
840.25 |
Issue Price
₹269 to ₹283 |
Face Value
₹2 |
Issue Type
Fresh Issue |
Total Issue Size
840.25 CR |
QIB + NII Quota
50 + 15% |
Retail Quota
35% |
Listing On
NSE & BSE |
Registrar
Link Intime India Pvt Ltd |
Company Financial Rusult In Crore
PERIOD | ASSET | REVENUE | PROFIT |
---|---|---|---|
31-Mar-2024 | 214.68 | 182.00 | 70.52 |
31-Mar-2023 | 1201.16 | 85.04 | 8.67 |
31-Mar-2022 | 166.72 | 94.51 | 21.90 |
About The Company
DAM Capital Advisors Limited is one of the best investment banks in India. It specializes in a wide range of financial solutions, such as investment banking, ECM, M&A, private equity, and structured finance advisory. The firm has been successful in over 67 ECM transactions and has been involved in the launch of IPOs, qualified institutional placements, offers for sale, and buybacks.
Besides its investment banking solutions, DAM Capital Advisors avails the best-in-class institutional equities solutions along with broking and research. The company caters across global markets, with the number of active clients sitting at 257, constituting registered Foreign Portfolio Investors (FPIs), including India, USA, UK, Europe, Hong Kong, Singapore, Australia, Taiwan, South Korea, Middle East, and South Africa among others.
DAM CAPITAL ADVISORS Launched in 1993, the company was transformed from its inception as a S.S. Kantilal Ishwarlal Sharebrokers has become the top financial advisor, starting from its inception and through to its current position. After its acquisition by Infrastructure Development Finance Company (IDFC) in 2006 and its rebranding in 2020, DAM Capital Advisors has only grown in strength within the investment banking and equities landscape. With a dedicated team of professionals and a wholly-owned subsidiary in the USA, DAM Capital Advisors continues to be at the forefront of global financial advisory services.
As on July 31, 2024, the company has 115 employees on board and has been an advisor in the equity financing, M&A transactions, and private equity deals for the customers and has thus emerged as an important player in India financial services sector.
Strengths
- DAM Capital is the fastest-growing merchant bank in India in terms of revenue CAGR (compound annual growth rate) from fiscal 2022 to fiscal 2024. The company also reported the highest profit margin in fiscal 2024, among the major peers.
- The company boasts of long-standing relationships with institutional investors, financial sponsors, corporates and family offices as a result of its experienced team and consistent coverage of clients, many of whom have provided it with repeat business.
Weaknesses
- DAM Capital operates in a highly regulated environment which is subject to changes in laws, regulations and government policies.
- DAM Capital is required to maintain various licences and permits for its business from time to time. Any failure or delay in obtaining or renewing licences may adversely affect its business, financial condition and results of operations.
- Its merchant banking and institutional equities business is highly dependent on market and economic conditions. Adverse market or economic conditions could have a significant economic and financial impact on its business.
- DAM Capital has incurred losses in the stock broking segment in the past. Any further reduction in its brokerage fee could have a material adverse effect on cash flows of operations.