Ahead of the IPO, DAM Capital Advisors on Wednesday, 18 December 2024, raised Rs 251.48 crore from anchor investors. The board allotted 88.86 lakh shares at Rs 283 each to 33 anchor investors.
The initial public offer of investment bank DAM Capital Advisors Ltd was subscribed 81.88 times on the closing day of bidding on Monday. The initial share sale received bids for 1,70,35,38,349 shares ...
The share allotment will be finalised by the pure-play investment bank on December 24, and the much-awaited listing of the first investment banking firm is scheduled for December 27.