27 Dec 2024

DAM Capital Advisors Makes Strong Debut on BSE with 38.83% Premium

DAM Capital Advisors opened its trading journey on the Bombay Stock Exchange (BSE) at ₹392.90, reflecting a 38.83% premium over its issue price of ₹283.

The stock has since surged further, currently trading at ₹435.15, up by ₹152.15 or 53.76% from its issue price. It recorded a high of ₹456.90 and a low of ₹392.90 during the day, with a trading volume of 30.47 lakh shares.

The public offering, open from December 19 to December 23, 2024, witnessed overwhelming demand, being oversubscribed 81.88 times. The issue price was set at the upper limit of the price band at ₹283 per share.

DAM Capital Advisors specializes in share and stock broking across cash and derivatives segments and operates as a member of both the National Stock Exchange (NSE) and the BSE.