DAM Capital Advisors IPO: Share Allotment Status Out, GMP Soars High; How To Check Status Online?

The IPO of DAM Capital Advisors Limited has now made the allotment status available for applicants. The IPO, which garnered attention, is set to follow the 'T+3' listing rule, making 27 December 2024 (Friday) the most likely listing date. The grey market continues to reflect bullish sentiment, with DAM Capital Advisors' shares trading at a strong premium.

Grey Market Premium (GMP)
In the grey market, DAM Capital Advisors' shares are trading at a premium of Rs 171, suggesting a potential listing price of Rs 434 (calculated as Rs 263 upper price band + Rs 171 GMP). This indicates an expected gain of over 65% above the upper price band.

Allotment Status
Applicants who wish to check their allotment status can do so online through two main platforms: the BSE website and the official registrar, Link Intime India Private Limited.

Allotment Status on BSE
Visit the direct BSE link: bseindia.com/investors/appli_check.aspx.
Choose 'Equity' in the issue type section.
Select 'DAM Capital Advisors Limited' from the drop-down menu under the issue name.
Enter either your application number or PAN number.
Verify with the 'I'm not a robot' CAPTCHA and click 'Search'.
The allotment status will display on your screen.

Allotment Status on Link Intime
Visit the direct Link Intime link: linkintime.co.in/Initial_Offer/public-issues.html.
Select 'DAM Capital Advisors Limited' in the company name section.
Choose from one of the four options: PAN, application number, DP/Client ID, or Account Number with IFSC.
Enter the relevant details and click 'Submit'.
The allotment status will appear on your screen.

Key Dates
With the IPO allotment concluded, all eyes are on 27 December 2024, the expected listing day. The strong grey market premium reflects positive sentiment, with market observers predicting solid listing-day performance.

The DAM Capital Advisors IPO attracted significant attention from investors, given the company's strong credentials and market standing. The grey market premium of Rs 171 has further fueled expectations of robust gains for investors.