Ahead of IPO, DAM Capital Advisors collects Rs 251 crore from anchor investors

Quick Summary:

The investment bank's IPO, entirely an offer-for-sale, opens on December 19th with a price band of Rs 269-283 per share, aiming for a Rs 2,000 crore market capitalization.

DAM Capital Advisors has raised Rs 251 crore from anchor investors, including prominent names like Nomura, Goldman Sachs, and several mutual funds.

Listing is expected on December 27th.

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Author / Journalist: PTI

Category: EconomyBusiness

Markets: IndiaCanadaOman

Topics: Market capitalisation Business news DAM Capital Advisors Share-sale IPO Anchor investors

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 00:23:08 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 829 words

Reading Time: 5 minutes read

Sentences: 36 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 24539346

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