DAM Capital Advisors shares list at 39% premium; miss IPO GMP trend

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DAM Capital Advisors shares list at 39% premium; miss IPO GMP trend - Business Standard

Quick Summary:

DAM Capital Advisors shares listed at Rs 392.

Qualified Institutional Buyers (QIBs) placed the highest bids, oversubscribing their reserved quota by 166.33 times, followed by Non-Institutional Investors (NIIs) at 98.62 times and Retail Individual Investors (RIIs) at 27.13 times.

These include investment banking solutions such as equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), and structured finance advisory.