Wed Dec 25 10:54:22 UTC 2024: **DAM Capital Advisors IPO Allotment Status Released; Grey Market Shows Strong Premium**
MUMBAI, INDIA – The allotment status for the DAM Capital Advisors Limited initial public offering (IPO) is now available. Applicants can check their status online via the Bombay Stock Exchange (BSE) website (bseindia.com/investors/appli_check.aspx) or the registrar Link Intime India’s website (linkintime.co.in/Initial_Offer/public-issues.html). The IPO is expected to list on December 27th, 2024.
The grey market is indicating strong investor interest, with DAM Capital Advisors shares currently trading at a ₹171 premium. This suggests a potential listing price around ₹434, significantly higher than the IPO’s upper price band of ₹263. This represents a more than 65% increase.
Detailed instructions on how to check allotment status on both websites are available in the original release.
First Piper 