DAM Capital Advisors Limited is set to launch its public offering. The issue will open on December 19, 2024 and it will close on December 23, 2024. This is a Book Built Issue. Through this offering, the company aims to raise approximately ₹840.25 crores from potential investors.
The public offering consists of an Offer for Sale of 2,96,90,900 equity shares, amounting to ₹840.25 crores. The face value of the shares is ₹2 per share, and the issue price is set at ₹269 to ₹283 per share. Investors can bid for a minimum lot size of 53 shares.
IPO Key Highlights
| Category | Detail | Information |
|---|---|---|
| Key Dates | IPO Open Date | December 19, 2024 |
| IPO Close Date | December 23, 2024 | |
| Pricing Information | Face Value | ₹2 per share |
| Issue Price Range | ₹269 to ₹283 per share | |
| Offer Structure | Total Issue Size | 2,96,90,900 shares (amounting up to ₹840.25 Cr) |
| Offer for Sale | 2,96,90,900 shares of ₹2 (amounting up to ₹840.25 Cr) | |
| Investor Details | Lot Size | 53 Shares |
| Listing Exchange | BSE, NSE | |
| IPO Type | Book Built Issue IPO |
Important Dates to Remember
| Event | Date |
|---|---|
| IPO Opening Date | 19 December, 2024 (Thursday) |
| IPO Closing Date | 23 December, 2024 (Monday) |
| Basis of Allotment | 24 December, 2024 (Tuesday) |
| Initiation of Refunds | 26 December, 2024 (Thursday) |
| Credit of Shares to Demat | 26 December, 2024 (Thursday) |
| Listing Date | 27 December, 2024 (Friday) |
What is GMP of Dam Capital Advisors IPO Today?
As of December 20, 2024, the Grey Market Premium (GMP) for the Dam Capital Advisors IPO is ₹170. This indicates that the shares are expected to list at approximately ₹453 per share.
Note: GMP is an unofficial indicator and is based on market speculation; it does not guarantee actual listing performance.
Company Financial Standing
| Particulars | FY 2024 (₹ Crores) | FY 2023 (₹ Crores) | FY 2022 (₹ Crores) |
|---|---|---|---|
| Assets | 214.68 | 1,201.16 | 166.72 |
| Revenue | 182 | 85.04 | 94.51 |
| Total Expense | 86.532 | 73.175 | 66.462 |
| Profit After Tax | 70.52 | 8.67 | 21.9 |
| Net Worth | 162.61 | 95.13 | 87.97 |
| Reserves and Surplus | 148.47 | 80.99 | 73.84 |
Company’s Key Performance Indicators
| Key Performance Indicator | Value |
|---|---|
| Return on Capital Employed (ROCE) | * |
| Return on Equity (ROE) | 54.72% |
| Debt to Equity Ratio | * |
| Return on Net Worth (RoNW) | 43.37% |
| EBITDA Margin (%) | 56.6% |
| After Tax Profit Margin (%) | 38.7% |
| Net Asset Value (NAV) | ₹23 |
| Earnings Per Share (EPS) | ₹9.98 |
| Price to Book Value (P/BV) | * |
Lot Size and Application Amount
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail Investor (Minimum Lot) | 1 | 53 | ₹14,999 |
| Retail Investor (Maximum Lot) | 13 | 689 | ₹1,94,987 |
| Small HNI Investor (Minimum Lot) | 14 | 742 | ₹2,09,986 |
| Small HNI Investor (Maximum Lot) | 66 | 3,498 | ₹9,89,934 |
| Big HNI Investor (Minimum Lot) | 67 | 3,551 | ₹10,04,933 |
Investor Category-Wise Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
Net Cash Flow Generated
| Activity | FY 2024 (₹ Crores) | FY 2023 (₹ Crores) | FY 2022 (₹ Crores) |
|---|---|---|---|
| Net Cash from Operating Activities | -595.02 | 679.40 | 37.44 |
| Net Cash from Investing Activities | 658.22 | -670.78 | -28.40 |
| Net Cash from Financing Activities | -4.25 | -4.15 | -3.06 |
Key Objectives of the Offer
The net proceeds from the issue will be utilized for the following purposes.
- To carry out the Offer for Sale of up to 32,064,010 Equity Shares of face value of ₹2 each.
- To get the benefits of listing the Equity Shares on the Stock Exchange.
- To increase the brand visibility.
- To provide liquidity.
Commonly Asked Questions
- What are the opening and closing dates for the DAM Capital Advisors public offering?
The issue opens on *, and closes on *. - What is the issue price for the DAM Capital Advisors public issue?
The issue price is ₹[*] per equity share. - What is the lot size for retail investors in this offer?
Retail investors can bid for a minimum of * shares, amounting to ₹[*] (at the issue price). - Who is the lead manager for this public offering?
The lead manager is Nuvama Wealth Management Limited. - Who is the registrar for the DAM Capital Advisors public issue?
The registrar is Link Intime India Private Limited. - What are the main objectives of this offer?
The funds raised through this issue will be utilized for selling equity shares through Offer for Sale, achieve the benefits of listing equity shares on stock exchanges, enhance visibility. - On which stock exchange will the shares be listed?
The shares of DAM Capital Advisors are proposed to be listed on BSE and NSE. - What is the total issue size for the DAM Capital Advisors public offering?
The total issue size is 32,064,010 equity shares. - When will the allotment and refund process begin?
The allotment date is *, and refunds will begin on *. - When will the shares be credited to the Demat account?
Shares will be credited to the Demat accounts on *. - What is the expected listing date for the offer?
The shares are expected to list on *.
It is always beneficial to read Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP) carefully to better understand its financials and growth opportunities before making a decision.
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Note: This article is based on the information received from the company’s official documents, including the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP). For up-to-date information on the Grey Market Premium (GMP) for the Dam Capital Advisors Ltd IPO, you may please check our Current GMP, where we will post the latest figures as soon as they are available.
Disclaimer: This article is for educational purposes only. We do not offer any advice on buying or selling securities. Please consult your financial advisor before investing in an IPO or any other securities to make sure that it suits your financial plans and risk tolerance.
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