Dam Capital Advisors Ltd IPO

DAM Capital Advisors Limited was originally incorporated as S. S. Kantilal Ishwarlal Sharebrokers and Investors Private Limited as a private limited company under the provisions of the Companies Act, 1956, at Bombay, India, pursuant to a certificate of incorporation dated May 7, 1993, issued by the Registrar of Companies, Maharashtra at Mumbai (RoC). The name of the Company was changed to S. S. Kantilal Ishwarlal Securities Private Limited pursuant to a special resolution of our shareholders dated March 26, 1994, and a fresh certificate of incorporation dated April 22, 1994 was issued by the RoC. Subsequently, the name of the Company was changed to IDFC-SSKI Securities Private Limited, pursuant to a special resolution of its shareholders dated September 21, 2007, and a fresh certificate of incorporation dated October 24, 2007, was issued by the RoC. Thereafter, pursuant to a shareholders' resolution dated February 12, 2008, the Company was converted into a public limited company and the name the Company was changed to IDFC-SSKI Securities Limited, and a fresh certificate of incorporation dated March 10, 2008 was issued by the RoC. Pursuant to a special resolution dated February 16, 2010 passed by the shareholders, the name of the Company was changed to IDFC Securities Limited and a certificate of incorporation dated March 12, 2010 was issued by the RoC. The name of the Company changed to DAM Capital Advisors Limited pursuant to a special resolution of its shareholders dated June 25, 2020, and a fresh certificate of incorporation dated July 28, 2020, was issued by the RoC.

The Indian Capital Market is one of the most dynamic and high growth organised markets in the world. It witnessed strong performance during the period Fiscal 2011-2024. The market capitalization of National Stock Exchange grew at 14.4% CAGR during Fiscal 2011 to Fiscal 2024. The NIFTY 50 index has grown at a CAGR of 10.9% over this period. BSE Sensex has followed a similar growth trajectory to Nifty 50. Both domestic and global factors were supportive of foreign capital inflows. The Indian capital market has shown a strong growth in Fiscal 2024 compared to Fiscal 2023 in terms of the number of issues (IPO, QIP, OFS, Rights Issue, Buyback, InvIT/REIT, FPO) which have increased from 234 in Fiscal 2023 to 316 in Fiscal 2024. In FY25,the number of issues stand at 215 as of October 2024.

DAM Capital is a SEBI-registered entity with stockbroker registration number INZ000207137, Category I Merchant Banker with registration number MB/INM000011336, and Research Analyst with registration number INH000000131, registered on August 26, 2020, September 21, 2020, and October 5, 2020 respectively. It provides a wide range of financial solutions in areas of (i) merchant banking comprising equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), and structured finance advisory; and (ii) institutional equities comprising broking and research. The Company focuses on the Indian capital markets, one of the most dynamic and high growth organised markets in the world.