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DAM Capital Advisors IPO Subscription Status

DAM Capital Advisors IPO was subscribed 81.88 times when bidding closed on 23 Dec 2024: QIB 166.33x, NII 98.47x, Retail 26.8x.

The DAM Capital Advisors IPO has been subscribed 81.88x times overall. Retail investors have shown interest with bids for 26.8x the shares available. The Non-Institutional Investor (NII) category has been subscribed 98.47x. Within NII, Big HNI (B-HNI) subscribed 102.21x and Small HNI (S-HNI) subscribed 91x. Qualified Institutional Buyers (QIBs) have subscribed 166.33x. Data last updated on 10 Nov, 11:39 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 19 Dec, 2024 and closes on 23 Dec, 2024. The shares are expected to list on stock exchanges on 27 Dec, 2024.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 11:39 PM
Category Bid details Times
QIB - of - - 166.33x
NII - of - - 98.47x
bHNI — bid amount above ₹10 Lakh
- - 102.21
sHNI — bid amount ₹2–10 Lakh
- - 91
Retail - of - - 26.8x
Employee - of - - 40.09x
TOTAL - - 81.88x
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DAM Capital Advisors IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 27
~3.7% chance per PAN — based on 26.8x subscription. Winners get exactly 1 lot (₹14,999) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 91
~1.1% chance — based on 91x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 102
~1% chance — based on 102.21x subscription. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
166.33x
Proportionate allotment — at 166.33x, institutions receive ~0.6% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 27 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 166.33x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
23 Dec 2024
Day 3
81.88x ▼
QIB166.33x BHNI102.21x SHNI91x Retail26.8x Employee40.09x
20 Dec 2024
Day 2
6.98x ▼
QIB0.07x BHNI9.33x SHNI15.8x Retail8.96x
19 Dec 2024
Day 1
2.75x ▼
QIB0.01x BHNI2.74x SHNI5.68x Retail3.88x

DAM Capital Advisors IPO dates

From the bidding window to listing. Today is 14 November.

Key dates Listed
  1. Open 19 Dec 2024
  2. Close 23 Dec 2024
  3. Allotment 24 Dec 2024
  4. Refund/credit 26 Dec 2024
  5. Listing 27 Dec 2024

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
THE NOMURA TRUST AND BANKING CO., LTD AS THE TRUSTEE OF NOMURA INDIA STOCK MOTHER FUND ₹18.00 Cr 7.16%
GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIO ₹18.00 Cr 7.16%
HSBC GLOBAL INVESTMENT FUNDS ASIA PACIFIC EX JAPAN EQUITY HIGH DIVIDEND ₹13.43 Cr 5.34%
HDFC MUTUAL FUND - HDFC DIVIDEND YIELD FUND ₹13.43 Cr 5.34%
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND ₹13.43 Cr 5.34%
KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK BANKING & FINANCIAL SERVICES FUND ₹13.43 Cr 5.34%
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE BANKING AND FINANCIAL SERVICES FUND ₹13.43 Cr 5.34%
ABAKKUS GROWTH FUND-2 ₹13.43 Cr 5.34%
CHARTERED FINANCE & LEASING LIMITED ₹13.43 Cr 5.34%
3P INDIA EQUITY FUND 1M ₹13.43 Cr 5.34%
BANDHAN SMALL CAP FUND ₹10.00 Cr 3.98%
MALABAR INDIA FUND LIMITED ₹10.00 Cr 3.98%
SOCIETE GENERALE - ODI ₹10.00 Cr 3.98%
ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED ₹10.00 Cr 3.98%
ASHOKA WHITEOAK ICAV - ASHOKA WHITEOAK EMERGING MARKETS EQUITY FUND ₹9.00 Cr 3.58%
CARMIGNAC PORTFOLIO ₹5.00 Cr 1.99%
NEUBERGER BERMAN INVESTMENT FUNDS PLC/NEUBERGER BERMAN EMERGING MARKETS EQUITY FUND ₹5.00 Cr 1.99%
HELIOS FLEXI CAP FUND ₹5.00 Cr 1.99%
SBI GENERAL INSURANCE COMPANY LIMITED ₹5.00 Cr 1.99%
360 ONE EQUITY OPPORTUNITY FUND ₹5.00 Cr 1.99%
CARNELIAN CAPITAL COMPOUNDER FUND-1 ₹5.00 Cr 1.99%
WHITEOAK CAPITAL BANKING & FINANCIAL SERVICES FUND ₹4.50 Cr 1.79%
WHITEOAK CAPITAL MULTI CAP FUND ₹3.70 Cr 1.47%
ITI VALUE FUND ₹3.50 Cr 1.39%
ITI ELSS TAX SAVER FUND ₹3.50 Cr 1.39%
LIC MF DIVIDEND YIELD FUND ₹3.03 Cr 1.21%
ITI BALANCED ADVANTAGE FUND ₹3.00 Cr 1.19%
EDELWEISS TRUSTEESHIP CO LTD AC - EDELWEISS MF AC- EDELWEISS RECENTLY LISTED IPO FUND ₹2.50 Cr 0.99%
EDELWEISS TRUSTEESHIP CO LTD AC - EDELWEISS MF AC - EDELWEISS EQUITY SAVINGS FUND ₹2.50 Cr 0.99%
LIC MF VALUE FUND ₹1.50 Cr 0.60%
WHITEOAK CAPITAL ELSS TAX SAVER FUND ₹0.81 Cr 0.32%
LIC MF EQUITY SAVINGS FUND ₹0.30 Cr 0.12%
LIC MF CHILDREN'S FUND ₹0.17 Cr 0.07%
TOTAL ₹251.45 Cr 100.01%
View allotment letter PDF →

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of DAM Capital Advisors IPO?

As of IPO close date (23 Dec, 2024), the DAM Capital Advisors IPO is subscribed 81.88x times. Retail category is 26.8x, and NII is 98.47x subscribed.

When is the allotment date for DAM Capital Advisors IPO?

The allotment for DAM Capital Advisors IPO is expected to be finalized on 24 December, 2024.

What is the GMP of DAM Capital Advisors?

The Grey Market Premium (GMP) for DAM Capital Advisors is currently ₹135, indicating a potential listing gain of 48%.

When will DAM Capital Advisors IPO list on the stock market?

DAM Capital Advisors is scheduled to list on BSE and NSE on 27 December, 2024.

What are the chances of getting allotment in DAM Capital Advisors IPO?

The retail category is oversubscribed at 26.8x, meaning allotment is by lottery. Statistically, approximately 1 in 27 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 166.33x mean for DAM Capital Advisors IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 166.33x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check DAM Capital Advisors IPO allotment status?

After the allotment date (24 Dec, 2024), you can check your DAM Capital Advisors IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
81.88x
QIB
166.33x
NII
98.47x
bHNI
102.21x
sHNI
91x
Retail
26.8x
Full IPO details
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