SEBI Registered Merchant Banker · Mainboard: 20
20
Total IPOs Managed
+10.0%
Avg Listing Gain
20
Mainboard IPOs
-
SME IPOs
DAM Capital Advisors Limited is a Mumbai-based full-service investment bank with a history stretching back to 1993. The firm didn't start as DAM Capital — it began its journey as SSKI, later transitioned into IDFC Securities, and finally rebranded to its current name in September 2020. So while the name is relatively new, the institution behind it is anything but.
It operates across equity capital markets, mergers and acquisitions, private equity, structured finance advisory, and institutional equities — catering to corporates, financial sponsors, family offices, and institutional investors both in India and overseas. The firm is publicly listed on NSE, which itself says something about its scale and credibility in the market.
Financially, it has had a strong run over the last few years, with profits growing at a healthy pace and return on equity figures that stand out even among peers. With around 125 professionals and a solid deal track record, DAM Capital sits comfortably among the more respected mid-sized investment banks operating in India today.
Contact Details:
Address: 1 BKC, C Wing, 1511, Bandra Kurla Complex, Bandra East, Mumbai – 400 051
Website: www.damcapital.in
| IPO | Segment | Open Date | Issue Size | Issue Price | Subscription | Listing Gain | Listing Date |
|---|---|---|---|---|---|---|---|
M&B Engineering IPO
Listed
|
Mainboard | ₹650.0 Cr | ₹385 | 36.20× | +0.0% | ||
JSW Cement IPO
Listed
|
Mainboard | ₹3,600.0 Cr | ₹147 | 7.77× | +4.4% | ||
All Time Plastics IPO
Listed
|
Mainboard | ₹400.6 Cr | ₹275 | 8.34× | +13.2% | ||
Euro Pratik Sales IPO
Listed
|
Mainboard | ₹451.3 Cr | ₹247 | 1.34× | +10.2% | ||
Saatvik Green Energy IPO
Listed
|
Mainboard | ₹900.0 Cr | ₹465 | 6.57× | +0.0% | ||
Ganesh Consumer Products IPO
Listed
|
Mainboard | ₹408.8 Cr | ₹322 | 2.67× | -8.1% | ||
Anand Rathi Share IPO
Listed
|
Mainboard | ₹745.0 Cr | ₹414 | 20.66× | +4.4% | ||
Jain Resource Recycling IPO
Listed
|
Mainboard | ₹1,250.0 Cr | ₹232 | 15.90× | +14.3% | ||
Trualt Bioenergy IPO
Listed
|
Mainboard | ₹839.3 Cr | ₹496 | 71.92× | +10.0% | ||
ESDS Software Solution IPO
Listed
|
Mainboard | ₹720.0 Cr | ₹429 | 142.86× | +76.5% | ||
Midwest IPO
Listed
|
Mainboard | ₹451.0 Cr | ₹1,065 | 87.89× | +9.4% | ||
| Mainboard | ₹450.0 Cr | ₹424 | 154.66× | +18.0% | |||
| Mainboard | - | ₹2,250.0 Cr | - | - | - | - | |
| Mainboard | - | - | - | - | - | - | |
Hero Motors IPO
Listed
|
Mainboard | ₹1,000.0 Cr | ₹84 | 7.01× | -2.4% | ||
Jio Platforms IPO
Soon
|
Mainboard | - | - | - | - | ||
| Mainboard | ₹22,562.0 Cr | ₹1,785 | 5.71× | - | |||
| Mainboard | - | - | - | - | - | - | |
Prasol Chemicals IPO
Listed
|
Mainboard | ₹500.0 Cr | ₹676 | 3.47× | -9.8% | ||
Commtel Networks IPO
Soon
|
Mainboard | - | ₹900.0 Cr | - | - | - | - |
A lead manager, also known as a merchant banker, is a SEBI-registered financial institution appointed by a company to manage its Initial Public Offering (IPO). The lead manager plays a central role in taking a company from the decision to go public all the way to its listing on BSE or NSE.
Key responsibilities of a lead manager include conducting due diligence on the issuer company, preparing the DRHP (Draft Red Herring Prospectus), filing documents with SEBI, setting the price band, managing the book building process, coordinating with stock exchanges, registrars, and bankers, and ensuring the IPO opens and closes smoothly.
The quality of the lead manager often influences investor confidence in the IPO. Reputed merchant bankers like SBI Capital, Axis Capital, IIFL, and others have a track record of managing successful listings. However, it is always advisable to evaluate the issuer company's fundamentals independently before applying to any IPO.
Disclaimer
IPO data shown on this page is for informational purposes only. Past performance of IPOs managed by a merchant banker does not guarantee future results. Always read the prospectus and consult a SEBI-registered financial advisor before investing.
A lead manager (merchant banker) is a SEBI-registered entity responsible for managing the entire IPO process — from due diligence and DRHP preparation, to filing with SEBI, setting the price band, managing book building, and coordinating the listing on BSE or NSE. They act as the primary intermediary between the issuer company and the investing public.
DAM Capital Advisors Limited has managed 20 IPOs tracked on IPORise. You can view the complete list, subscription data, and listing performance in the table above.
High subscription reflects investor demand, which is shaped by company fundamentals, valuation, grey market sentiment, and broader market conditions. A capable lead manager contributes to better price discovery and institutional interest. However, subscription numbers alone are not a reliable measure of lead manager quality — evaluate the issuer independently.
You can verify the SEBI registration of any merchant banker on the official SEBI website (sebi.gov.in) under the "Intermediaries/Market Infrastructure Institutions" section. All SEBI-registered merchant bankers are listed with their registration number, validity, and contact details.