DAM Capital Advisors IPO: The good and the bad

Published: 19th Dec 2024

By: Value Research

About DAM Capital Advisors

Incorporated in 1993, DAM Capital Advisors is an investment bank primarily catering to merchant banking operations and institutional equities. Originally named S. S. Kantilal Ishwarlal Sharebrokers and Investors Private Limited, the company underwent several name changes before becoming DAM Capital Advisors Limited in 2020.

IPO details

Post-IPO

Financial history

EBIT is earnings before interest and taxes PAT is profit after tax

Key ratios

ROE is return on equity ROCE is return on capital employed

The good

DAM Capital Advisors boasts a proven track record as over the last five years, it has acted as a book-running lead manager (BRLM) for 72 equity capital markets transactions, including 27 IPOs.

The bad

The company's growth and financials depend on the volume of market issuances and the performance of equity markets. Thus, a decline in any of these two can significantly impact DAM Capital Advisor’s financials.

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