Subscribe for DAM Capital Advisors Ltd IPO; KR Choksey

KR Choksey, has come out with its report on DAM Capital Advisors Ltd. The research firm has recommended to “ Subscribe” the ipo in its research report as on December 18 2024.

Broker Research

December 18, 2024 / 15:35 IST

IPO

KR Choksey, DAM Capital Advisors Ltd

DAM Capital Advisors Limited is a leading Indian investment bank offering comprehensive financial solutions across investment banking—including Equity Capital Markets (ECM), Mergers & Acquisitions (M&A), Private Equity (PE), and structured finance advisory—and institutional equities through broking and research services. Since its acquisition in November 2019, the company has executed 72 ECM transactions, including IPOs, QIPs, offers for sale, preferential issues, buybacks, and REIT listings, along with 23 advisory transactions covering M&A, PE, and structured finance advisory. The institutional equities division, as of October 31, 2024, comprises 63 employees across research and broking, supporting 263 active clients, including FPIs across India, USA, UK, Europe, Asia, and other global markets. Backed by a team of 121 employees across businesses and a wholly-owned subsidiary, DAM Capital (USA) Inc., registered as a Broker-Dealer in New York, the company is wellpositioned to deliver innovative financial solutions and capitalize on global growth opportunities.

Valuation and Outlook

DAM Capital's capacity to navigate changing market conditions, along with a robust pipeline of deals and a growing presence in the capital markets, positions it well to leverage the expanding opportunities within India's financial ecosystem. Given these factors, we assign a ‘SUBSCRIBE’ rating to the IPO.

For all IPO report, click here