TNA Solutions IPO GMP Today ₹70 ▲ ₹10 (14.3%) Acme India Industries IPO GMP Today ₹196 ▲ ₹30 (15.3%) Jio Platforms IPO GMP Today ▲ ₹146 Nityas Gems & Jewellery IPO GMP Today ₹75 ▲ ₹1 (1.3%) Vishal Nirmiti IPO GMP Today ₹220 ▲ ₹5 (2.3%) Black Opal Consultants IPO GMP Today ₹197 ▲ ₹100 (50.8%) EverestIMS Technologies IPO GMP Today ₹85 ▲ ₹42 (49.4%) Vans Electroengineerings IPO GMP Today ₹118 ▲ ₹70 (59.3%) SRIT India IPO GMP Today ₹130 ▲ ₹51 (39.2%) Shah Investor's Home IPO GMP Today ₹167 ▲ ₹15 (9%) Acme Universal Safezone 9 IPO GMP Today ₹71 ▲ ₹12 (16.9%) Shivchem Agro IPO GMP Today ₹62 ▲ ₹2 (2.4%) TNA Solutions IPO GMP Today ₹70 ▲ ₹10 (14.3%) Acme India Industries IPO GMP Today ₹196 ▲ ₹30 (15.3%) Jio Platforms IPO GMP Today ▲ ₹146 Nityas Gems & Jewellery IPO GMP Today ₹75 ▲ ₹1 (1.3%) Vishal Nirmiti IPO GMP Today ₹220 ▲ ₹5 (2.3%) Black Opal Consultants IPO GMP Today ₹197 ▲ ₹100 (50.8%) EverestIMS Technologies IPO GMP Today ₹85 ▲ ₹42 (49.4%) Vans Electroengineerings IPO GMP Today ₹118 ▲ ₹70 (59.3%) SRIT India IPO GMP Today ₹130 ▲ ₹51 (39.2%) Shah Investor's Home IPO GMP Today ₹167 ▲ ₹15 (9%) Acme Universal Safezone 9 IPO GMP Today ₹71 ▲ ₹12 (16.9%) Shivchem Agro IPO GMP Today ₹62 ▲ ₹2 (2.4%)
DAM Capital Advisors Limited logo

DAM Capital Advisors Limited

Lead Manager 20 IPOs Managed Avg Listing +10.0%

SEBI Registered Merchant Banker  ·  Mainboard: 20

20

Total IPOs Managed

+10.0%

Avg Listing Gain

20

Mainboard IPOs

-

SME IPOs

About DAM Capital Advisors Limited

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

IPOs Managed by DAM Capital Advisors Limited (20 total)

IPO Segment Open Date Issue Size Issue Price Subscription Listing Gain Listing Date
Mainboard ₹650.0 Cr ₹385 36.20× +0.0%
Mainboard ₹3,600.0 Cr ₹147 7.77× +4.4%
Mainboard ₹400.6 Cr ₹275 8.34× +13.2%
Mainboard ₹451.3 Cr ₹247 1.34× +10.2%
Mainboard ₹900.0 Cr ₹465 6.57× +0.0%
Mainboard ₹408.8 Cr ₹322 2.67× -8.1%
Mainboard ₹745.0 Cr ₹414 20.66× +4.4%
Mainboard ₹1,250.0 Cr ₹232 15.90× +14.3%
Mainboard ₹839.3 Cr ₹496 71.92× +10.0%
Mainboard ₹720.0 Cr ₹429 142.86× +76.5%
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 - - - - - -
Mainboard ₹1,000.0 Cr ₹84 7.01× -2.4%
Mainboard - - - -
Mainboard ₹22,562.0 Cr ₹1,785 5.71× -
Mainboard - - - - - -
Mainboard ₹500.0 Cr ₹676 3.47× -9.8%
Mainboard - ₹900.0 Cr - - - -

What Does a Lead Manager Do in an IPO?

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.

Frequently Asked Questions

What is the role of a lead manager in an IPO?

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.

How many IPOs has DAM Capital Advisors Limited managed?

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.

Is a high-subscription IPO always a sign of a good lead manager?

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.

How can I check the SEBI registration of a merchant banker?

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.