DAM Capital Advisors IPO 2024 Highlights: The IPO opens to bid on December 19 and closes on December 23. The company aims to raise Rs 840.25 crore by selling 2.97 crore shares of promoters and other selling shareholders. The allotment of shares is expected to be finalised on December 24. The listing on BSE and NSE is liekly to be on December 27.
DAM Capital Advisors’ IPO price band ranges from Rs 269 to Rs 283 per share. Nuvama Wealth Management is the soled book-running lead manager of the IPO, while Link Intime India is the registrar for the issue.
DAM Capital Advisors IPO 2024 Live Updates: About the company
DAM Capital Advisors is one of the leading Indian investment bank offering services in investment banking (ECM, M&A, PE) and institutional equities (broking and research). Since 2019, it has completed 72 ECM transactions and advised on 23 deals.
Founded in 1993, the company rebranded in 2020 after being acquired by Dharmesh Anil Mehta. It serves 263 clients globally and operates a U.S. subsidiary, DAM Capital (USA) Inc.
DAM Capital Advisors IPO 2024 Live Updates: Anchor Investors
Before opening to the public, DAM Capital Advisors’ IPO raised a sum Rs 251.48 crore from anchor investors. The anchor bidding took place on December 18, setting the stage for the IPO’s broader offering.
DAM Capital Advisors IPO 2024 Live Updates: Public issue opens Dec 19
DAM Capital Advisors is gearing up to launch its IPO, offering shares priced between Rs 269 and Rs 283. The public can start subscribing to the issue from December 19.