DAM CAPITAL IPO - Opens Today!

Apply after thorough research, with an anticipated 50-60% listing gain potential.

IPO Highlights:

• Issue Size: ₹841 crore

• IPO Subscription: Subscribed 2.75x, with cumulative bids worth approximately ₹2,400 crore as per the latest updates.

• Price Band: ₹269 - ₹283 per share

• Open Date: 19 December 2024

• Close Date: 23 December 2024

• Listing Date: 27 December 2024

DO YOU KNOW?

DAM Capital Advisors has:

• Managed ₹1.5 lakh crore in equity transactions.

• Led 100+ IPOs and Qualified Institutional Placements (QIPs).

• Facilitated ₹50,000+ crore in debt placements.

Category-wise Cumulative Demand Schedule

ANALYSIS BY CAPITNBULLS:

1. Recommendation: CAPITNBULLS recommends applying for this IPO for long-term investment.

2. GMP Impact: The grey market premium (GMP) is ₹108, resulting in an estimated listing gain of 38.16%.

3. Estimated Listing Price: ₹391 (Cap price + today’s GMP).

4. Investment Horizon: Consider parking funds for medium and long-term gains.

5. Sector Outlook: DAM Capital Advisors operates in the Investment Banking sector, which is rapidly growing and highly promising.

6. Financial Performance:

   • Revenue increased by 113% YoY.

   • Profit after tax (PAT) surged by 777% between FY23 and FY24.

7. Strong Financial Ratios:

   • Debt-to-Equity (D/E) Ratio: 0.03

   • Interest Coverage Ratio: 97

Our Recommendation:

DAM Capital Advisors’ strong financials and leadership in a booming sector make this IPO a promising opportunity. However, investors are advised to apply after thorough research.

Read our complete report for insights into the company’s relative valuation and intrinsic value.

Disclaimer: I am not a SEBI-registered analyst. This post is for informational purposes only.