New Delhi: DAM Capital IPO subscription day 2 fell on Friday, December 20, 2024, after opening on Thursday, December 19, 2024. DAM Capital Advisors is planning to raise Rs 840.25 crore for shareholders who will be selling their stake in the company through an offer for sale. DAM Capital Advisors IPO carries a minimum lot size of 53 shares priced at Rs 14,999. The maximum lots are capped at Rs 1,94,987 equalling 689 shares. DAM Capital IPO price band has been fixed at Rs 269-283 apiece.
DAM Capital IPO GMP Today
DAM Capital IPO GMP stood at Rs 160 apiece on Friday, December 20, 2024, down from RS 170 apiece the previous day. DAM Capital Advisors’ stock is likely to list on the exchanges at Rs 443 apiece, indicating a 56.54 per cent premium over the IPO price of Rs 283 apiece, according to Investorgain. Grey market premium or GMP is the extra money an investor is willing to pay for a stock.
DAM Capital Advisors IPO subscription status
DAM Capital Advisors IPO was fully subscribed on Day 1 of the IPO subscription window. DAM Capital IPO was subscribed 5.09X as of date. The retail category was subscribed 6.98X, while the qualified institutional buyers’ category subscriptions stood at 0.2X. NII investors’ share was subscribed 7.35X.
DAM Capital Advisors IPO key dates
DAM Capital Advisors IPO opened for subscription on December 19, 2024, and closes on December 23, 2024. DAM Capital IPO allotment will be finalised on December 24, 2024. Allotted shares will be credited to demat accounts by December 26, 2024, and listed on exchanges on December 27, 2024.
DAM Capital Advisor’s financials
DAM Capital Advisors’ net profit rose 713 per cent to Rs 70.52 crore at the end of March 31, 2024, compared to Rs 8.67 crore in the year ago period. The company’s revenue rose 114 per cent to Rs 182 crore at the end of March 31, 2024, from Rs 85.09 crore in the year ago period.
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DAM Capital IPO which opened on Thursday, December 19, 2024, was fully subscribed on Day 1. Know how the company’s IPO GMP is shaping up today apart from key dates and financials. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
