Dam Capital Advisors Limited — Updates, 14-05-2025: Press Release

DAM Capital has announced a board meeting to approve the financial results for the quarter and half-year. FY25 revenue rose 37.5% YoY to INR 250 Cr, with PAT up 47.1% to INR 104 Cr, driven by strong merchant banking and 57.6% growth in institutional equities. The company completed an IPO oversubscribed 82 times, enhancing its market presence. With 24 IPO mandates lined up for FY26 and expanded coverage to 197 stocks, DAM Capital is targeting high-fee mandates and scaling institutional broking amid robust capital market growth.