DAM Capital Advisors IPO: Key Information and Recommendations

The upcoming DAM Capital Advisors IPO is generating significant interest among investors. This blog provides essential details about the IPO, including key dates, financial metrics, and a recommendation on whether to apply.

IPO Details

• IPO Opening Date: December 19, 2024
• IPO Closing Date: December 23, 2024
• IPO Allotment Date: December 24, 2024
• IPO Listing Date: December 27, 2024
• IPO Price Band: ₹269 to ₹283 per share
• IPO Lot Size: 53 shares
• Minimum Fund Required for Retailer: ₹14,999
• Maximum Fund Cap Apply: ₹1,94,987 (for 13 lots)
• Total Fund Raise by Company: ₹840.25 crore (entirely through an offer for sale)

About the Company

DAM Capital Advisors Limited is an Indian investment banking firm that offers a range of financial services including equity capital markets, advisory services for mergers and acquisitions, and structured finance solutions. The company aims to enhance its market presence through this IPO.

Key Management

The company is led by a team of experienced professionals with extensive backgrounds in finance and investment banking. Their expertise is expected to drive the company’s growth and strategic initiatives.

Financial Overview

DAM Capital has demonstrated robust financial growth, with a reported revenue increase of **114%** and a staggering **713%** rise in profit after tax (PAT) between FY23 and FY24. This strong financial performance underlines the company’s potential for future growth.

Also Read: Call Ratio Back Spread: A Comprehensive Guide for Traders

Conclusion

The DAM Capital Advisors IPO presents an attractive opportunity for investors looking to gain exposure to the investment banking sector. With strong financials and a promising growth trajectory, the company is well-positioned in the market.

Recommendation

Considering the positive subscription trends observed so far—where retail investors have shown substantial interest—and the company’s strong financial performance, it is advisable to apply for the DAM Capital Advisors IPO. The expected listing date on December 27, 2024, further adds to its appeal as a potential investment opportunity.

In summary, investors should consider applying for this IPO while keeping in mind their individual risk tolerance and investment goals.