DAM Capital Stock Market Listing :The stock of DAM Capital Advisors Limited has made a strong entry in the stock market. The company’s stock was listed on BSE at Rs 393, while the IPO price was Rs 283. In this sense, the stock has given a return of 39 percent or Rs 110 per share on listing. This IPO got a strong response from the investors, while there was a craze for it in the gray market also. At present the question is what should investors do after the listing gains. Sell the shares or hold on to them.
Super Hit IPO: Mamta Machinery’s stock gave 147% return on listing, investors’ money became 2.5 times in one stroke
DAM Capital IPO: Subscription Status
DAM Capital’s IPO was subscribed 81.88 times overall. In this, 50 percent share was reserved for QIB and it was subscribed a total of 166.33 times. 15 percent share was reserved for NII and it was filled 98.47 times overall. Whereas the reserve of 35 per cent for retail investors was filled 26.8 times. The reserved portion for employees was subscribed a total of 40.09 times.
Highest Return 2024: Up to 434% return this year, these stocks including Zomato, Trent, ICICI Bank became toppers in their respective categories.
How is the company’s outlook?
Brokerage house Choice Broking says DAM Capital is one of the leading merchant banks in India, whose business operations also extend into institutional equities. Most of its revenue comes from merchant banking, primarily through advisory fees, which constituted 54.1 percent of the company’s total revenue for the 6 months ending September 30, 2024. Additionally, 39.5% of its revenue comes from broking activities. In FY24, DAM Capital achieved 12.1% market share based on the number of IPOs and QIPs it managed as lead manager.
Return in IPO: The secret of high returns, small size IPO made the highest income in 2024, money increased by 100 to 300%
Company’s key strengths
• Fastest growing merchant bank in India
• Strong execution with deep understanding of sectors and products
• Institutional equity platform with comprehensive research and execution capabilities
• Comprehensive coverage of corporates, financial sponsors and institutional investors
• Experienced management and professionals supported by a majority independent board
• Strong track record of revenue growth and profitability
Tata Motors: Tata Motors stock will become a winner in 2025, investment opportunity at huge discount, can get 34% return.
risk with the company
• General slowdown in global economic activity
• Past losses in the stock broking segment and any further reduction in brokerage charges could have a material impact on the business.
• Ineffective management of risk systems can have a negative impact on the business
• Overcoming challenges in attracting and retaining customers, investors and employees as well as timely transactions
• Working in a highly regulated environment
• intense competition
(Disclaimer: The view or advice on the share is given by the brokerage house. These are not the personal views of Financial Express. There are risks in the market, so take expert opinion before investing.)
