Dam capital ipo gmp today: DAM Capital Advisors IPO Live: The company has set a price band of Rs 269-283 per share, allowing investors to bid for a minimum of 53 shares per lot, with additional shares to be purchased in multiples thereafter. Ahead of the issue, DAM Capital Advisors unlisted shares were trading at Rs 160 per share in the unofficial market on Monday, indicating a grey market premium (GMP) of 55% compared to the upper end of the IPO price band of Rs 283.
DAM Capital Advisors IPO GMP Live Updates
DAM Capital Advisors IPO Live: The DAM Capital Advisors IPO opened for public subscription on December 19 and is set to close on December 23. The allotment for the IPO is expected to be finalized on December 24, with shares scheduled to list on both the BSE and NSE platforms on December 27.
DAM Capital Advisors IPO Live Updates: IPO price band
The company has fixed a price band of Rs 269-283 per share, where investors can bid for 53 shares in one lot and in multiples thereafter.
DAM Capital Advisors IPO Live Updates: GMP rises 55%
Ahead of the DAM Capital Advisors IPO, the company’s unlisted shares were trading at Rs 160 per share in the unofficial market on Monday. This reflects a grey market premium (GMP) of 55% compared to the upper end of the IPO price band of Rs 283.
DAM Capital Advisors IPO Live Updates: Analyst review
Analysts have recommended subscribing to the DAM Capital Advisors IPO, citing the company’s strong position to capitalize on the growing capital market opportunities in India.
In terms of valuation, at the upper price band, the IPO is targeting a market capitalization of Rs 2,000 crore. Based on annualized earnings, the company is seeking a price-to-earnings (PE) ratio of 22.8x for FY25, which is considered to be fully priced.
DAM Capital Advisors IPO Live Updates: Opening date, allotment and listing date
The DAM Capital Advisors IPO opened for public subscription on December 19 and is set to close on December 23. The allotment for the IPO is expected to be finalized on December 24, and the shares are scheduled to list on both the BSE and NSE platforms on December 27.
10:58:05 AM IST, 23 Dec 2024
DAM Capital Advisors IPO GMP Live Updates: About DAM Capital Advisors IPO
DAM Capital Advisors Limited (DAM Capital) is a prominent investment bank in India, offering a broad range of financial services. Its expertise spans investment banking, including equity capital markets (ECM), mergers and acquisitions (M&As), private equity (PE), structured finance advisory, and institutional equities, which covers broking and research.
The company has successfully executed 72 ECM transactions, including 27 IPOs, 16 qualified institutional placements, 6 offers for sale, 6 preferential issues, 4 rights issues, 8 buybacks, 4 open offers, and 1 initial public offering of units by a real estate investment trust (REIT).
DAM Capital has experienced rapid growth, with its total income increasing at a compound annual growth rate (CAGR) of 38.77%, reaching Rs 182 crore between FY22 and FY24.