DAM Capital Advisors Ltd. is set to launch its ₹840 crore IPO, marking a significant milestone in its growth journey. The IPO will be a pure Offer for Sale (OFS) of 2.96 crore shares, with a price band fixed at ₹269-₹283 per share.
Key Details of DAM Capital IPO
- IPO Dates: Opens on November 19 and closes on December 23
- IPO Size: ₹840 crore (Pure OFS)
- Price Band: ₹269 – ₹283 per share
- Post-Issue Market Cap: ₹2,000 crore
- Selling Shareholders:
- Multiples Alternate Asset Management
- Narotam Satyanarayan Sekhsaria
- RBL Bank Ltd.
- Easyaccess Financial Services Ltd.
- Promoter Dharmesh Anil Mehta (selling 30.98 lakh shares)
- Promoter Stake: Will reduce from 45.88% post the IPO.
Company Overview
Founded in November 2019, DAM Capital has quickly established itself as a key player in the equity capital markets and investment banking sector.
- Transactions Executed: 72 transactions, including:
- 27 IPOs
- 1 REIT
- 16 QIPs
- 6 OFS
- 6 Preferential Issues
- 4 Rights Issues
- 8 Buybacks
- 4 Open Offers
- Revenue Contribution:
- 67% from Investment Banking
- 28.3% from Broking
- Market Share: 12.1% in IPOs/QIPs for FY24
Financial Highlights
DAM Capital has witnessed remarkable growth in recent years:
- Revenue Growth: 38.8% (FY22-FY24)
- PAT Growth: 79.4% (FY22-FY24)
This impressive performance places the company among the fastest-growing players in the industry.
