DAM Capital IPO will offer 2.96 crore equity shares at a price band of ₹269 to ₹283. Subscription runs from December 19 to December 23, with allocations for various investor categories. Listing on BSE and NSE is anticipated on December 27.

Dharmesh Mehta, the promoter of DAM Capital, will be selling 30.98 lakh shares in the IPO among the shares on offer. Promoter stake will fall to 45.88% post the IPO.

DAM Capital Advisors IPO comprises only an offer-for-sale component of 3.2 crore equity shares worth Rs 840.25 crore.

Sanathan Textiles, Transrail Lighting, Mamata Machinery, DAM Capital, Concord Enviro, and Ventive Hospitality to raise around ₹4,500 crore via IPO collectively.

The IPO is an offer-for-sale (OFS) of up to 2.97 crore shares by existing shareholders and promoters. At the upper price band, the issue size is nearly Rs 840 crore, valuing the company at a market capitalization of around Rs 2,

DAM Capital Advisors'' IPO opens December 19th, price band set at Rs 269-283 per share. The Rs 840-cr IPO is an offer-for-sale (OFS) by promoters and investors.

DAM Capital Advisors IPO priced at ₹269-283/share, open for subscription Dec 19-23, with anchor book bidding on Wednesday.

DAM Capital Advisors, under the leadership of seasoned investment banker Dharmesh Mehta, is gearing up for its Initial Public Offering (IPO), scheduled to open for public subscription on9. This IPO represents India’s first public issue by a pure-play boutique investment bank.

Upcoming IPO: DAM Capital Advisors Limited, has been issued final observation by the Securities and Exchange Board of India ( SEBI ), allowing them to raise funds through an initial public offering (IPO). The company submitted its IPO documents to SEBI on September 09, 2024.

The issue will be available for subscription till Monday, December 23. DAM Capital Advisors has fixed a price band of Rs 269-283 for the issue. Bids can be made for a minimum of 53 equity shares and in multiples of 53 equity shares thereafter.