The DAM Capital Advisors IPO was subscribed 6.98 times on the second day, and 2.75 times on the first day.
The offer consists purely of an offer-for-sale component and the price band is set in the range of Rs 269 to Rs 283 per share.
The grey market premium of DAM Capital Advisors IPO was Rs 160 as of 08:29 a.m.
The company provides financial solutions in areas of merchant banking and reported a six-fold rise in net profit at Rs 70.52 crore in the last financial year.