Dam Capital Advisors Limited - IPO
MAINBOARDDam Capital Advisors Stock Price
Dam Capital Advisors IPO Details
Dam Capital Advisors IPO Subscription
Dam Capital Advisors IPO Application Wise Breakup (Approx)
Dam Capital Advisors IPO Dates
- 19 Dec 2024Opening dateOPD
- 23 Dec 2024Closing dateCOD
- 24 Dec 2024Basis of AllotmentBOA
- 26 Dec 2024Initiation of RefundsIOR
- 26 Dec 2024Credit of SharesCOS
- 27 Dec 2024Listing dateLID
Dam Capital Advisors IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 53 | ₹14,999 |
| Retain Maximum | 13 | 689 | ₹194,987 |
| SHNI Minimum | 14 | 742 | ₹209,986 |
| SHNI Maximum | 66 | 3498 | ₹989,934 |
| BHNI Minimum | 67 | 3551 | ₹1,004,933 |
Dam Capital Advisors IPO Reservation
Promoter Holding
Dam Capital Advisors IPO Valuations
Dam Capital Advisors Limited Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |||||||||||||||||||||||||||
| Assets | 214.68 | 1,201.16 | 166.72 | |||||||||||||||||||||||||||
| Revenue | 182 | 85.04 | 94.51 | |||||||||||||||||||||||||||
| 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 | |||||||||||||||||||||||||||
| Total Borrowing | 4.93 | 3.29 | 1.41 | |||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||
About Dam Capital Advisors IPO
DAM Capital Advisors Limited is an investment bank in India. The company offers a wide range of financial solutions in the areas of:
(i) Investment banking comprising equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), and structured finance advisory; and
(ii) Institutional equities comprising broking and research.
The company has successfully executed 67 ECM transactions comprising 26 IPOs, 15 qualified institutions placements, 5 offers for sale, 6 preferential issues, 3 rights issues, 7 buybacks, 4 open offers and 1 initial public offer of units by a real estate investment trust. (since the Acquisition till July 31, 2024).
DAM Capital Advisors Limited has also advised on 20 advisory transactions including M&A; A advisory, private equity advisory and structured finance advisory and has also executed block trades since the Acquisition till July 31, 2024.
The institutional equities business, as of July 31, 2024, comprises 27 employees in research and 33 employees in the broking team.
The company has provided services to 257 active clients including registered FPIs spread across geographies such as India, USA, UK, Europe, Hong Kong, Singapore, Australia, Taiwan, South Korea, Middle East and South Africa.
As of July 31, 2024, The company had a team of 115 employees across all businesses. The company's wholly-owned Subsidiary, DAM Capital (USA) Inc. is incorporated in New York, USA and is registered as a Broker-Dealer with the Securities and Exchange Commission.
Company's History:
The company started its journey in the securities market in 1993 as S.S. Kantilal Ishwarlal Sharebrokers and Investors Private Limited. In 1994, the company rebranded as S.S. Kantilal Ishwarlal Securities Private Limited (SSKIPL).
In 2006, Infrastructure Development Finance Company (IDFC) started acquiring SSKIPL, completing the process in 2008. In 2019, the IDFC group sold its entire stake to Dharmesh Anil Mehta and other investors. Following this, in July 2020, the company rebranded as DAM Capital Advisors Limited.
Strength Of Dam Capital Advisors IPO
1. We are one of the few companies in India with presence across the polyester, cotton and technical textile sectors.
2. Focus on the product development of new products, through process innovation.
3. Fully integrated yarn manufacturing plant set up at a strategic location with equipment supplied by domestic and globally renowned players.
4. Long standing association with leading consumer brands with a low customer concentration.
5. Deep knowledge and understanding of optimal product assortment and strong supplier network enabling procurement at predicable and competitive pricing, leading to an overall efficient cycle.
6. Healthy financial performance.
7. Experienced management team with a proven track record.
Risk Of Dam Capital Advisors IPO
1. The company does not have long-term agreements with a majority of its customers. Any changes or cancellations to the company's orders or its inability to forecast demand for its products may adversely affect the company's business, results of operations and financial condition.
2. Its business depends on the company's production facility in Silvassa and will also depend on its production facility being set up in Punjab. Any loss of or shutdown of operations of the production facilities on any grounds could adversely affect its business or results of operations.
3. The Company will not receive any proceeds from the Offer for Sale portion.
4. Its Statutory Auditors have drawn attention to qualitative matters of emphasis and a modified opinion on the Company's internal financial controls, in their examination report on the Restated Consolidated and Standalone Financial Information.
5. Its Promoters and members of the Promoter Group have significant control over the Company and have the ability to direct its business and affairs; their interests may conflict with your interests as a shareholder.
6. Any delays and/or defaults in customer payments could result in increase of working capital investment and/or reduction of the Company's profits, thereby affecting its operation and financial condition.
7. One of its Promoter was involved in a regulatory proceeding initiated by SEBI which has been settled. Any such regulatory proceedings, or any adverse action as a result of such regulatory proceedings, may affect its reputation or business.
8. Any variation in the utilization of the Net Proceeds as disclosed in this Draft Red Herring Prospectus shall be subject to certain compliance requirements, including prior Shareholders' approval.
9. If the company is unable to gauge the demand of its products accurately and are unable to maintain an optimal level of inventory, its business, results of operations and financial condition may be adversely affected.
10. The company does not have long term agreements for supply of its raw materials. If the company is unable to procure raw materials of the required quality and quantity, at competitive prices, its business, results of operations and financial condition may be adversely affected. Majority of its raw materials are sourced from few key suppliers. Discontinuation of operations of such suppliers may adversely affect its ability to source raw materials at a competitive price.
Objectives Dam Capital Advisors IPO
- The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.
Company Contact Details
DAM Capital Advisors Limited
PG-1, Ground Floor,
Rotunda Building, Dalal Street,
Fort, Mumbai 400001,
Phone: +91 22 4202 2500
Email: compliance@damcapital.in
Website: https://www.damcapital.in/
Registrar Contact Details
Lead Mangers
Nuvama Wealth Management Limited