DAM Capital Advisors Ltd

Dam Capital Advisors announced that the Annual General Meeting(AGM) of the company will be held on 27 June 2025.Powered by Capital Market - Live

Dam Capital Advisors announced that the Board of Directors of the Company at its meeting held on 14 May 2025, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Dam Capital Advisors declined 74.26% to Rs 8.50 crore in the quarter ended March 2025 as against Rs 33.02 crore during the previous quarter ended March 2024. Sales declined 56.54% to Rs 36.61 crore in the quarter ended March 2025 as against Rs 84.23 crore during the previous quarter ended March 2024. For the full year,net profit rose 47.14% to Rs 103.78 crore in the year ended March 2025 as against Rs 70.53 crore during the previous year ended March 2024. Sales rose 37.94% to Rs 248.35 crore in the year ended March 2025 as against Rs 180.04 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales36.6184.23 -57 248.35180.04 38 OPM %36.0358.48 -58.2456.13 - PBDT11.7349.43 -76 144.01101.80 41 PBT9.1247.77 -81 136.9895.47 43 NP8.5033.02 -74 103.7870.53 47 Powered by Capital Market - Live

Dam Capital Advisors will hold a meeting of the Board of Directors of the Company on 14 May 2025.Powered by Capital Market - Live

Profit before tax was at Rs 69.30 crore in the third quarter of FY25, zoomed 146% as against Rs 28.17 crore posted in Q3 FY24. Total expenses spiked 106.97% YoY to Rs 34.71 crore during the quarter. Finance costs stood at Rs 0.37 crore (up 23.33% YoY), and employee benefits expenses came in at Rs 27.62 crore (up 140.38% YoY). On the segmental front, revenue from stock broking stood at Rs 20.38 crore (up 71.54% YoY) and investment banking stood at Rs 80.35 crore (up 154.43% YoY) during the period under review. As of 31st December 2024, the company's net cash available stood at Rs 237.8 crore. On a nine-month basis, the company's consolidated net profit surged 154.01% to Rs 95.28 crore on 119.59% increase in total income to Rs 213.60 crore in 9M FY25 over 9M FY24. DAM Capital Advisors is a leading merchant banker providing a wide range of financial solutions in areas of (i) merchant banking comprising equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), structured finance advisory, and (ii) institutional equities comprising broking and research. Merchant banks play a vital role in carrying out transactions that involve large institutions and huge funds. DAM was listed on the exchanges on 27 December 2024 at a premium of 39% after its IPO was subscribed over 82 times. Powered by Capital Market - Live

Net profit of Dam Capital Advisors rose 144.24% to Rs 51.51 crore in the quarter ended December 2024 as against Rs 21.09 crore during the previous quarter ended December 2023. Sales rose 131.38% to Rs 103.98 crore in the quarter ended December 2024 as against Rs 44.94 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales103.9844.94 131 OPM %68.2166.98 - PBDT70.5829.80 137 PBT69.3028.17 146 NP51.5121.09 144 Powered by Capital Market - Live

Dam Capital Advisors will hold a meeting of the Board of Directors of the Company on 24 January 2025.Powered by Capital Market - Live

The scrip was listed at Rs 392.90, exhibiting a premium of 38.83% to the issue price. So far, the stock has hit a high of 456.90 and a low of 392.90. On the BSE, over 26.80 lakh shares of the company were traded in the counter so far. The initial public offer (IPO) of DAM Capital Advisors was subscribed 82.08 times. The issue opened for bidding on 19 December 2024 and closed on 23 December 2024. The price band of the IPO was fixed between Rs 269 and 283 per share. The initial public offer (IPO) consisted only of an offer for sale (OFS) of 2.96 crore equity shares. The promoter, Dharmesh Anil Mehta, has offered 30.989 lakh equity shares for sale in OFS. Among other selling shareholders, Multiples Alternate Asset Management has offered to sell 87.144 lakh equity shares, Narotam Satyanarayan Sekhsaria 70.424 lakh equity shares, RBL Bank 57.710 lakh equity shares, and Easyaccess Financial Services 50.643 lakh equity shares. The promoters shareholding in the company would decline to 41.5% post-IPO from 45.9% pre-IPO. 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. DAM Capital Advisors is a leading merchant banker providing a wide range of financial solutions in areas of (i) merchant banking comprising equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), structured finance advisory, and (ii) institutional equities comprising broking and research. Merchant banks play a vital role in carrying out transactions that involve large institutions and huge funds. The company commenced operations in the securities market in 1993 as S.S. Kantilal Ishwarlal Sharebrokers and Investors, which was acquired by IDFC in 2006 and became IDFC Securities. In 2019, IDFC Group divested its entire stake, which was acquired by Dharmesh Anil Mehta and other investors, and the name was changed to DAM Capital Advisors in July 2020. The firm reported a consolidated net profit of Rs 43.78 crore and income from operations of Rs 107.75 crore for the six months ended on 30 June 2024.Powered by Capital Market - Live