DAM Capital Advisors IPO Listing Predictions.
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Summary: On December 18, DAM Capital Advisors received Rs 251.48 crore from anchor investors before the IPO's conclusion.
Both institutional and individual investors have shown great interest in DAM Capital Advisors' initial public offering (IPO), which ended on December 23.
The Rs 840.25 crore offering, which was set up as an offer for sale (OFS) of 2.97 crore shares, received an outstanding response. By the last day, the subscription rate had increased to 81.88 times the share sale price.
DAM Capital Advisors received Rs 251.48 crore from anchor investors on December 18 ahead of the IPO's conclusion, demonstrating strong market confidence. The allocation procedure started today, and investors are awaiting their shares.
Following are the predictions:
Listing Date: DAM Capital Advisors shares will make their debut on Indian stock exchanges on December 27, 2024. The shares are highly sought after in the gray market, where investors expect huge listing profits.
Listing Price Prediction: As of December 26, the grey market premium (GMP) for the IPO is Rs 155. This implies a possible listing price of about Rs 438 per share, which would represent a remarkable 54.77 percent premium over the issue price.
Given the high subscription figures and strong grey market signals, investors and market watchers are eagerly anticipating the stock's performance on the day of listing.
