DAM Capital Advisors has received the Securities and Exchange Board of India’s (SEBI's) approval to float an initial public offering (IPO). The proposed IPO is solely an offer-for-sale (OFS) of 3.2 crore equity shares, with no fresh issue component.
The company which filed preliminary papers with Sebi in September 2024, obtained the regulator's observations on December 4, 2024. It plans to go public in a bid to achieve the benefit of listing equity shares on the stock exchanges and allow selling shareholders to sell their shares through the OFS. Nuvama Wealth Management is the sole merchant banker for the issue.
DAM Capital Advisors provides a wide range of financial solutions in areas of investment banking comprising equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), and structured finance advisory; and institutional equities comprising broking and research.
| Company Name | CMP |
|---|---|
| Bajaj Finserv | 1816.35 |
| TVS Holdings | 14470.85 |
| RattanIndia Ent | 37.79 |
| Altius Telecom Infra | 169.00 |
| Authum Inv. & Infra | 495.50 |
| View more.. | |
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