When it comes to IPO investments, keeping track of the Grey Market Premium (GMP) is crucial. This blog provides the latest updates on the DAM Capital Advisors IPO GMP, estimated listing price, and the IPO’s overall trend. Here’s everything you need to know before making your investment decision.
What is DAM Capital Advisors IPO GMP?
The Grey Market Premium (GMP) is the unofficial price at which an IPO trades before its official listing. The GMP reflects investor sentiment and gives a hint of the listing price.
For DAM Capital Advisors IPO, the GMP has been showing strong positive momentum, indicating a promising debut on the stock exchange.
Latest DAM Capital Advisors IPO GMP Details
- GMP as of December 19, 2024 (6:30 PM): ₹170
- Price Band: ₹283
- Estimated Listing Price: ₹453
- Expected Percentage Gain: 60.07%
The consistent rise in GMP over the past week suggests a strong listing sentiment among investors.
Day-wise GMP Trend of DAM Capital Advisors IPO
| Date | IPO Price | GMP | Estimated Listing Price | Expected Gain/Loss |
|---|---|---|---|---|
| 21-12-2024 | 283.00 | 160 | ₹443 | 56.54% |
| 19-12-2024 | ₹283 | ₹170 | ₹453 | +60.07% |
| 18-12-2024 | ₹283 | ₹148 | ₹431 | +52.3% |
| 17-12-2024 | ₹283 | ₹108 | ₹391 | +38.16% |
| 16-12-2024 | ₹283 | ₹108 | ₹391 | +38.16% |
Note: GMP is volatile and changes frequently based on demand and supply dynamics in the grey market.
GMP Analysis for DAM Capital Advisors IPO
- Positive Momentum: Over the last 8 sessions, the GMP has climbed from ₹0 to ₹170, showing robust market interest.
- Strong Expected Gains: With an estimated listing price of ₹453, investors could see potential gains of 60.07% per share.
- Highest GMP: ₹170 (on December 19, 2024).
- Lowest GMP: ₹0 (from December 12–15, 2024).
Factors to Consider Before Investing
While GMP trends indicate a positive listing, investing solely based on GMP carries risks. Here are some factors to keep in mind:
1. Market Sentiment: Grey market activity reflects investor confidence but may not guarantee listing gains.
2. Company Fundamentals: Analyze DAM Capital Advisors’ financials, business model, and industry outlook.
3. Risk of Volatility: GMP is subject to extreme volatility, and sudden market changes can impact listing performance.
What Makes DAM Capital Advisors IPO GMP Interesting?
The GMP serves as a barometer for market excitement. A rising GMP for DAM Capital Advisors IPO points to a strong demand among investors and the likelihood of a profitable debut. However, prudent analysis is crucial before making any investment.
Conclusion
The rising GMP of DAM Capital Advisors IPO suggests a strong listing potential. With an expected listing gain of 60.07%, this IPO has caught the attention of investors. However, it’s essential to weigh the GMP alongside the company’s fundamentals and market conditions.
Information Source – Investorgain