DAM Capital Advisors Ltd - Stock Valuation and Financial Performance

DAM Capital Advisors Limited was originally incorporated as ‘S. S. Kantilal Ishwarlal Sharebrokers and Investors Private Limited’ as a private limited company under the provisions of the Companies Act, 1956, at Bombay, India, pursuant to a certificate of incorporation dated May 7, 1993, issued by the RoC. The name of the company was changed to ‘S. S. Kantilal Ishwarlal Securities Private Limited’ pursuant to a special resolution of its shareholders dated March 26, 1994, and a fresh certificate of incorporation dated April 22, 1994 was issued by the RoC. Subsequently, the name of the company was changed to IDFC-SSKI Securities Private Limited, pursuant to a special resolution of its shareholders dated September 21, 2007, and a fresh certificate of incorporation dated October 24, 2007, was issued by the RoC. Thereafter, pursuant to a shareholders’ resolution dated February 12, 2008, the company was converted into a public limited company and the name the company was changed to ‘IDFC-SSKI Securities Limited’, and a fresh certificate of incorporation dated March 10, 2008 was issued by the RoC. Pursuant to a special resolution dated February 16, 2010 passed by the shareholders, the name of the company was changed to IDFC Securities Limited and a certificate of incorporation dated March 12, 2010 was issued by the RoC. The name the company changed to ‘DAM Capital Advisors Limited’ pursuant to a special resolution of its shareholders dated June 25, 2020, and a fresh certificate of incorporation dated July 28, 2020, was issued by the RoC. 

DAM Capital Advisors is a SEBI-registered entity, Category I Merchant Banker, and Research Analyst, registered on August 26, 2020, September 21, 2020, and October 5, 2020 respectively. It provides a wide range of financial solutions in areas of (i) merchant banking comprising equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), and structured finance advisory; and (ii) institutional equities comprising broking and research. The company focuses on the Indian capital markets, one of the most dynamic and high growth organised markets in the world. The company leverages its deep domain knowledge across sectors and products combined with vast experience of its team to provide strategic advisory and capital markets solutions to its diverse and marquee clientele including corporates, financial sponsors, institutional investors and family offices.

The company is strategically positioned to capitalize on India’s growth story. By leveraging its deep industry expertise, robust research capabilities, and large investor distribution network in its institutional equities business, it provides tailored solutions to its clients. Its client retention demonstrates its personalized, solutionoriented approach and its proven execution capabilities. Its intellectual capital is the cornerstone of its success, which allows it to be well-informed about market opportunities and adapt its business strategies efficiently. It is backed by marquee investors with varied backgrounds and a diverse board of directors. Its board of directors comprises industry leaders, financial experts and thought leaders from different sectors. Their combined expertise contributes to its strategic decision-making, fosters innovation and ensures strengthened governance.

Business area of the company 

The company is engaged in the business of share and stock broking for both cash segment and Derivatives segment and is a member of the National Stock Exchange of India (NSE) and the BSE. The activities of the company include providing equity research and stock broking services to Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs). The company is also registered with the Securities and Exchange Board of India (SEBI) as category - I, Merchant Banker, engaged in providing Investment Banking services like Advisory services, IPO Underwriting, Qualified Institutional Placement (QIP), fund raising and Structured finance.