The initial public offering (IPO) of DAM Capital Advisors Ltd enters its third and final day of bidding today, December 23.
The IPO opened for public subscription on December 19 and will close today. Over the first two days, the offering has received strong demand and is now oversubscribed. With just one day left to apply, the ₹840.25 crore IPO is an entirely offer-for-sale (OFS) issue, with 2.97 crore shares on offer. The price band for the DAM Capital Advisors IPO is ₹269 to ₹283 per share. The IPO’s grey market premium (GMP) is also showing a positive trend, reflecting strong demand. Stay tuned to our Day 3 live updates for the latest developments.
