Founded in 1993, DAM Capital Advisors is a leading Indian merchant bank distinguished by its rapid revenue growth and high-profit margins. It offers extensive financial services, including merchant banking in equity capital markets, mergers and acquisitions, private equity, structured finance advisory, and institutional equities comprising broking and research. Since the acquisition on November 7, 2019, until October 31, 2024, DAM Capital Advisors Limited has successfully executed 72 Equity Capital Market (ECM) transactions, including 27 IPOs, 16 QIPs, 6 OFS, 6 preferential issues, 4 rights issues, 8 buybacks, 4 open offers, and 1 REIT IPO. Its institutional equities division, comprising 29 research and 34 broking professionals, services 263 active clients, including FPIs, across key global markets such as India, the USA, Europe, and Asia.
How To Check DAM Capital Advisors IPO Allotment Status Online
It is very easy to Check DAM Capital Advisors IPO Allotment Status Online with the link given above. Click on the ‘DAM Capital Advisors IPO Allotment Status’ button then you will be redirected to the registrar’s website, There you can find some columns to fill. Select the company name as DAM Capital Advisors and enter your PAN details then click on submit, You will get the allotment details of DAM Capital Advisors IPO.
DAM Capital Advisors IPO GMP
The GMP of DAM Capital Advisors IPO is 56%
Grey Market Premium (GMP) in an IPO refers to the premium price at which shares of a company are traded in the unofficial grey market before they are officially listed on the stock exchange. This “over-the-counter” market operates informally, based on trust and networks of brokers, and is not regulated by any official body. The GMP essentially indicates the price investors are willing to pay above the IPO’s issue price, reflecting market sentiment and anticipated listing gains. A higher GMP suggests stronger demand and positive expectations for the IPO’s performance on its listing day. However, it’s crucial to remember that the grey market is speculative and unregulated, making GMP a volatile indicator that shouldn’t be the sole factor in investment decisions.