Dam Capital IPO:  We keep looking for a good financial advisor for investment, so that we can get good returns by investing based on his advice. But, who would not want to invest when one has to invest in the IPO of an advisor. Obviously, a company that tells others how to make profits in investment will do more research to make the product itself. So get ready to invest in the IPO of one such company. This company is Dam Capital Advisor. It is an investment banking company. Bidding for the IPO of this company is open today i.e. Thursday. Bids can be placed for investment in it till Monday.

The company has to raise capital of 804 crores from IPO

DAM Capital Advisor has to raise capital of Rs 804 crore 25 lakh from IPO. For this, the price band has been kept from Rs 269 to Rs 283. For investment in this, application can be made for investment in a package of 53 shares i.e. shares with a multiple of 53. This means that the investor will have to apply to buy 53 or 106 or 159 or 212..265 shares. DAM Capital Advisor's IPO is an offer for sale of 2 crore 96 lakh 90 thousand 900 shares. The company has raised Rs 251.48 crore by allotment of 88 lakh 86 thousand shares to anchor investors.

Dam Capital is headquartered in Mumbai

The IPO company, Dam Capital, is headquartered in Mumbai. The company provides a wide range of advisory services in investment banking and institutional equities, including brokerage and research. So far, the company has successfully handled 27 IPOs including 72 ECM transactions, 16 qualified institutional investment placements, six offers for sale, six preferential issues, four rights issues, eight buybacks, four open offers and one IPO of a real estate investment trust. The company is in a strong position in terms of capitalization amid growing market opportunities in India.