DAM Capital Makes Strong Share Mkt Debut

It ended at Rs415.05 apiece, rallying 46.66 per cent

Dharmesh Mehta (MD and CEO, DAM Capital Advisors); Vallabh Bhanshali (Chairman, Enam Group); M V Nair (Chairperson & Independent Director, Dam Capital Advisors); and Satyen Shah (President & Head, Nuvama IB & Fixed Income) ringing the gong in the presence of other dignitaries during the listing ceremony of DAM Capital Advisors at BSE.

FinTech BizNews Service

Mumbai, 27 December, 2024: DAM Capital Advisors made its debut on the D-street today. Shares of DAM Capital Advisors started the trade at Rs 392.90, a jump of 38.83 per cent on the BSE. The stock of the firm later surged 61.44 per cent to Rs 456.90 during the day. It ended at Rs415.05 apiece, rallying 46.66 per cent.

Subscription Status of the DAM Capital Advisors on the final day: 

*Day 3 - DAM Capital Advisors Limited IPO - Fully subscribed*

Subscription Data (as of 5:00 PM, Monday, December 23, 2024)

QIB -  *166.33

NII – *98.47*

Retail – *26.80*

Employee reservation - *40.09*

Total – *81.88*

*BSE Link* https://www.bseindia.com/markets/publicIssues/CummDemandSchedule.aspx?ID=6894&status=L

Issue closed on  Monday, December 23, 2024