The DAM Capital Advisors Share Price Target 2030 is a significant offering in the financial advisory sector, focusing on investment banking and capital market services. With an impressive track record in handling complex financial transactions and advisory services, this IPO aims to further solidify its presence in the market and support its long-term growth objectives.
IPO Details
- IPO Opening Date: December 19, 2024
- IPO Closing Date: December 23, 2024
- Issue Price: ₹269–₹283 per share
- Lot Size: 53 shares
- Total Issue Size: ₹840.25 crores
- Listing on: BSE, NSE
Company Background: DAM Capital Advisors Limited
DAM Capital Advisors Limited is a leading investment banking and financial advisory firm, offering services such as IPO management, debt syndication, mergers and acquisitions advisory, and equity placement. With years of experience and a strong client base, the company has played a pivotal role in shaping the financial landscape of Indian markets.
Objectives of the IPO
- Strengthening Capital Base: To fund operational expansion and financial stability.
- Technology and Infrastructure Upgrades: For seamless service delivery and client engagement.
- General Corporate Purposes: To support day-to-day operations and ensure sustainable growth.
Financial Performance and Yearly Predictions
- Revenue (Last FY): ₹1,035.6 crores (23% YoY growth)
- Profit (Last FY): ₹168.9 crores (29% YoY growth)
Predicted Share Price (INR)
| Year | Predicted Price |
|---|---|
| 2024 | ₹290 |
| 2025 | ₹340 |
| 2026 | ₹400 |
| 2027 | ₹470 |
| 2028 | ₹560 |
| 2029 | ₹670 |
| 2030 | ₹800 |
Subscription and Grey Market Premium Details
- Retail Subscription: 7.15x
- Qualified Institutional Buyers (QIB): 5.82x
- Non-Institutional Investors (NII): 6.49x
- Total Subscription: 6.93x
- Grey Market Premium (GMP): ₹52 (as of December 23, 2024)
- Expected Listing Price: ₹335 (approx. 18.36% listing gain).
Conclusion: Is DAM Capital Advisors Limited IPO a Good Investment?
The DAM Capital Advisors Limited IPO represents a compelling opportunity for investors interested in the financial services sector. Its strong fundamentals, proven market expertise, and clear growth strategies make it an attractive option. However, potential investors should carefully evaluate market conditions and their own risk tolerance before investing.
This comprehensive overview aligns with the latest updates and industry insights .