SURAT- DAM Capital Advisors Limited (the “Company”), proposes to open its initial public offering (the “Offer”) on Thursday, December 19, 2024. Bid/ Offer Closing Date will be Monday, December 23, 2024. Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, that is, Wednesday, December 18, 2024. The Price Band of the Offer has been fixed from ₹ 269/- per Equity Share to ₹ 283/- per Equity Share. Bidscan be made for a minimum of 53 Equity Shares and in multiples of 53 Equity Shares thereafter.
The Equity Shares offered through the Red Herring Prospectus (“RHP”) are proposed to be listed on BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”). Nuvama Wealth Management Limited is the sole book running lead manager (“Book Running Lead Manager” or “BRLM”) to the Offer.
The initial public offering of up to 29,690,900 Equity Shares of face value of ₹2 each (“equity shares”) of the Company. The Offer comprisesof an offer for sale of up to 8,714,400 Equity Shares of face value of ₹2 each aggregating up to ₹ [●] million by Multiples Alternate Asset Management Private Limited(“MAAMPL”), up to 7,042,400 Equity Shares of face value of ₹2 each aggregating up to ₹ [●] million by Narotam Satyanarayan Sekhsaria (“NSS”), up to 5,771,000 Equity Shares of face value of ₹2 each aggregating up to ₹[●] million by RBL Bank Limited (“RBL”), up to 5,064,250 Equity Shares of face value of ₹2 each aggregating up to ₹[●] million by Easyaccess Financial Services Limited (“EFSL”, together with MAAMPL, NSS and RBL, the “Investor Selling Shareholders”) and up to 3,098,850 Equity Shares of face value of ₹2 each aggregating up to ₹[●] million by Dharmesh Anil Mehta (the “Promoter Selling Shareholder”, together with the Investor Selling Shareholders, the “Selling Shareholders” and such offer by the Selling Shareholders, the “Offer for Sale”).
