DAM Capital Advisors IPO Day 3 Live Updates: Issue booked 81.88x on the final day; Check latest GMP
The DAM Capital Advisors IPO has ended with a huge 81.88x subscription on its last day. This shows how much investors wanted to get in on this opportunity. The IPO raised ₹840.25 Crore, with each lot being 53 shares.
It started on December 19 and closed on December 23. Investors should expect their shares to be allotted on December 24. The IPO is set to list on December 27. Right now, the grey market premium (GMP) is at ₹165.
This means the IPO could list at ₹448, which is 58.30% higher than its issue price of ₹283.
Key Takeaways
- The DAM Capital Advisors IPO was oversubscribed by 81.88x on the final day.
- The issue size of the IPO is ₹840.25 Crore, with a lot size of 53 shares.
- The issue price per share of the IPO is ₹283, and the estimated listing price is ₹448.
- The GMP (Grey Market Premium) stands at ₹165, indicating a potential listing price of ₹448.
- The IPO had a substantial demand in the grey market, suggesting a high likelihood of a strong listing.
Overview of DAM Capital Advisors IPO Performance
The IPO from DAM Capital Advisors has caught a lot of attention from investors. Now that the subscription process is over, let’s look at the important details of this big market debut.
Key Subscription Details
The IPO saw a huge demand, with investors showing interest 81.88 times over. The issue size was a big ₹840.25 Cr, marking a significant entry into the public market.
IPO Size and Price Band Information
The IPO was priced between ₹283 per share. Investors could buy 53 lots, making it open to many, from small to big investors.
Timeline and Important Dates
The IPO started on December 19 and ended on December 23. The allotment date is December 24, with listing on December 27. Investors are looking forward to DAM Capital Advisors’ stock market debut, hoping for good returns.
With the subscription done, everyone is watching how DAM Capital Advisors will do in the market. The strong interest and the company’s role in finance suggest a promising start and good returns for investors.
Current Grey Market Premium (GMP) Analysis
The Grey Market Premium (GMP) for DAM Capital Advisors IPO is ₹165. This shows a strong market feeling. It suggests the IPO could list at ₹448, 58.30% above the issue price. The GMP is a sign of investor excitement and what they hope for the IPO’s first day.
Recent IPOs have shown different GMP levels. For example, Rosmerta Digital Services IPO had a GMP of ₹22, a 14.97% premium. Solar91 Cleantech IPO’s GMP was ₹100, a 51.28% premium. On the other hand, Unimech Aerospace IPO’s GMP was ₹480, a 61.15% premium.
The GMP changes and isn’t an official number. The actual listing price will be set by the market on the IPO day. But, the current GMP for DAM Capital Advisors IPO looks good. It shows a positive market sentiment and listing price prediction from investors.
“The higher the GMP, the higher the likelihood of the IPO listing at a lucrative price, although GMP fluctuations may occur before the listing date.”
While the GMP is useful, investors should be careful. They should do their homework before investing. The GMP, along with the company’s basics, industry outlook, and market conditions, are key. They help figure out the listing price prediction and market sentiment.
DAM Capital Advisors IPO Day 3 Live Updates: Issue booked 81.88x on the final day
The DAM Capital Advisors IPO saw a huge response from investors. The issue was booked 81.88 times on the last day. This shows how much investors wanted to be a part of it.
Subscription Status Breakdown
The IPO’s appeal was clear across different investor groups:
- Qualified Institutional Buyers (QIBs): The QIB portion was subscribed 82.64 times, showing institutional investors’ faith in the company.
- Non-Institutional Investors (NIIs): The NII category saw a subscription of 93.02 times, showing high interest from non-retail investors.
- Retail Individual Investors (RIIs): The retail portion was subscribed 74.55 times, showing retail enthusiasm for the IPO.
Investor Category-wise Response
The IPO’s appeal was clear across different investor groups:
| Investor Category | Subscription Rate |
|---|---|
| Qualified Institutional Buyers (QIBs) | 82.64x |
| Non-Institutional Investors (NIIs) | 93.02x |
| Retail Individual Investors (RIIs) | 74.55x |
Retail vs. HNI Participation
The IPO saw strong interest from individual investors, with the retail portion being subscribed 74.55 times. This, along with the NII category’s robust subscription, shows a wide range of investor interest. It suggests a positive view of the company’s future.
Market Response and Trading Indicators
The market’s reaction to DAM Capital Advisors IPO has been very positive. The 81.88x subscription on the final day shows strong investor confidence. This confidence is in the company’s future success.
The IPO’s grey market premium (GMP) of ₹283 is a 58.30% increase over the IPO price. This highlights the positive feelings about DAM Capital Advisors. Other recent IPOs, like Unimech Aerospace and Senores Pharmaceuticals, had lower subscription rates.
Some IPOs have seen huge demand. Mamata Machinery and Identical Brains Studios had very high subscription rates. On the other hand, Lamosaic India’s negative GMP and low subscription rate show a different story.
The trading volume and market sentiment show a high IPO demand. This reflects investors’ confidence in the company’s growth and future.
“The overwhelming subscription for the DAM Capital Advisors IPO is a testament to the market’s belief in the company’s long-term potential and the strength of its business model.”
Comparative Analysis with Recent IPOs
The DAM Capital Advisors IPO has ended, and we can see how it stacks up against other recent IPOs. The strong subscription rate of 81.88x on the final day shows investors are eager for this offering. This rate is higher than many recent IPOs.
Performance Metrics
Let’s look at some key numbers for the DAM Capital Advisors IPO. The issue size is ₹840.25 Crore, and the issue price is ₹283 per share. The Grey Market Premium (GMP) is at ₹165 per share, showing the market’s positive view.
Subscription Pattern Comparison
The subscription pattern for DAM Capital Advisors IPO shows a balanced investor response. With 53 lots available, the issue was oversubscribed by 81.88x on the final day. This high subscription rate highlights the strong investor preference for this IPO.
Market Sentiment Analysis
The Fire Rating for DAM Capital Advisors IPO is 58.30%, indicating high expected returns. The anticipation of a strong listing price of ₹448 per share also supports this positive sentiment.
By comparing the DAM Capital Advisors IPO to recent market trends, we can understand its position better. This helps investors and stakeholders grasp the company’s standing and the current market trends.
Listing Prospects and Expected Returns
The DAM Capital Advisors IPO saw a subscription rate of 81.88 times on its final day. This is a strong sign for its listing prospects. The grey market premium is at ₹165, which means the IPO could list at ₹448. This could lead to a 58.30% return on investment, making it a tempting option for those looking to make a profit.
However, it’s important to remember that the market can be unpredictable. Factors like market volatility and more can affect the IPO’s listing price and performance after listing. It’s key to study the company’s basics, industry trends, and the market’s state before investing in an IPO.
| Metric | Value |
|---|---|
| Final Subscription Rate | 81.88x |
| Issue Size | ₹840.25 Crore |
| Lot Size | 53 |
| Final GMP | 58.30% |
| Expected Listing Price | ₹448 |
| Potential Return | 58.30% |
The table shows important details about the DAM Capital Advisors IPO. It highlights the strong subscription rate, issue size, lot size, and the final grey market premium. This information helps investors understand the IPO’s potential and make informed decisions.
In summary, the DAM Capital Advisors IPO looks like a good investment opportunity. The strong subscription rate and market sentiment are positive signs. But, investors should be cautious and do their homework. This ensures their investment strategy matches their risk tolerance and financial goals.
Conclusion
The DAM Capital Advisors IPO has shown great appeal in the market. It had an 81.88x subscription on the final day. This shows investors are optimistic and expect big returns.
The IPO was priced at ₹283 per share. It offered 53 lots for investment, with a total issue size of ₹840.25 Crores.
The high Grey Market Premium (GMP) of ₹165 per share indicates a strong market expectation. This shows investors believe in the company’s future and growth. As the listing date of December 27th gets closer, everyone will watch the stock’s performance.
The success of the DAM Capital Advisors IPO could boost the IPO market. It shows there’s still a big interest in quality investments. Before investing, it’s important to look at the company’s basics and growth chances.
FAQ
What is the total issue size and price band for the DAM Capital Advisors IPO?
The DAM Capital Advisors IPO has a total issue size of ₹840.25 Cr. The price band is set at ₹283 per share.
When did the DAM Capital Advisors IPO open and close for subscription?
The IPO opened on December 19 and closed on December 23.
What is the current Grey Market Premium (GMP) for the DAM Capital Advisors IPO?
The Grey Market Premium (GMP) for the DAM Capital Advisors IPO is currently ₹165.
What was the subscription rate for the DAM Capital Advisors IPO on the final day?
On the final day, the DAM Capital Advisors IPO was subscribed 81.88 times.
How does the subscription rate of the DAM Capital Advisors IPO compare to recent IPOs?
The DAM Capital Advisors IPO saw a subscription rate of 81.88x. This is much higher than recent IPOs, showing strong investor interest.
What are the expected listing prospects and potential returns for the DAM Capital Advisors IPO?
With a GMP of ₹165 and a strong subscription rate, the IPO is expected to list at ₹448. This suggests a potential return of 58.30% on the issue price.
