Carraro India Limited IPO Detail
Last Updated on December 19, 2024 Carraro India Limited IPO Incorporated in 1997, Carraro India Ltd is engaging in manufacturing components ranging from the smallest gear to complete tractor manufacturing.
DAM Capital Advisors Limited is an investment bank in India. The company offers a wide range of financial solutions in the areas of:
(i) Investment 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 has successfully executed 72 ECM transactions comprising 27 IPOs, 16 qualified institutions placements, 6 offers for sale, 6 preferential issues, 4 rights issues, 8 buybacks, 4 open offers and 1 initial public offer of units by a real estate investment trust. (since the Acquisition i.e., November 7, 2019, till October 31, 2024).
DAM Capital Advisors Limited has also advised on 23 advisory transactions including M&A; A advisory, private equity advisory and structured finance advisory and has also executed block trades since the Acquisition i.e., November 7, 2019, till October 31, 2024.
The institutional equities business, as of October 31, 2024, comprises 29 employees in research and 34 employees in the broking team.
The company has provided services to 263 active clients including registered FPIs spread across geographies such as India, USA, UK, Europe, Hong Kong, Singapore, Australia, Taiwan, South Korea, Middle East and South Africa.
As of October 31, 2024, The company had a team of 121 employees across all businesses. The company’s wholly-owned Subsidiary, DAM Capital (USA) Inc. is incorporated in New York, USA and is registered as a Broker-Dealer with the Securities and Exchange Commission.
Company’s History:
The company started its journey in the securities market in 1993 as S.S. Kantilal Ishwarlal Sharebrokers and Investors Private Limited. In 1994, the company rebranded as S.S. Kantilal Ishwarlal Securities Private Limited (SSKIPL).
In 2006, Infrastructure Development Finance Company (IDFC) started acquiring SSKIPL, completing the process in 2008. In 2019, the IDFC group sold its entire stake to Dharmesh Anil Mehta and other investors. Following this, in July 2020, the company rebranded as DAM Capital Advisors Limited.
DAM Capital Advisors Limited’s revenue increased by 114% and profit after tax (PAT) rose by 713% between the financial year ending with March 31, 2024 and March 31, 2023.
Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |||||||||||||||||||||||||||
Assets | 214.68 | 1,201.16 | 166.72 | |||||||||||||||||||||||||||
Revenue | 182 | 85.04 | 94.51 | |||||||||||||||||||||||||||
Profit After Tax | 70.52 | 8.67 | 21.9 | |||||||||||||||||||||||||||
Net Worth | 162.61 | 95.13 | 87.97 | |||||||||||||||||||||||||||
Reserves and Surplus | 148.47 | 80.99 | 73.84 | |||||||||||||||||||||||||||
Total Borrowing | 4.93 | 3.29 | 1.41 | |||||||||||||||||||||||||||
Amount in ₹ Crore |
KPI | Values |
---|---|
ROE | 54.72% |
RoNW | 44.98% |
PAT Margin | 38.75 |
The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.
IPO Date | December 19, 2024 to December 23, 2024 |
Listing Date | [.] |
Face Value | ₹2 per share |
Price Band | [.] to [.] per share |
Lot Size | |
Total Issue Size | 2,96,90,900 shares (aggregating up to ₹[.] Cr) |
Offer for Sale | 2,96,90,900 shares of ₹2 (aggregating up to ₹[.] Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share Holding Pre Issue | 7,06,86,000 shares |
Share Holding Post Issue | 7,06,86,000 shares |
Dharmesh Anil Mehta, Sonali Dharmesh Mehta and Boombucket Advisors Private Limited are the company promoters.
Share Holding Pre Issue | 45.88% |
Share Holding Post Issue |
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