DAM Capital stock plunges 50%+ as senior dealmakers depart post-IPO

• DAM Capital's stock has fallen over 50% from its listing high and 25% from its IPO price since going public in December 2024.
• Two managing directors and six executive directors have exited DAM Capital since its IPO, raising concerns about talent retention.
• Promoter Dharmesh Mehta attributes exits to normal industry churn, stating the firm has hired new talent and maintains strong performance with 21 mandated IPOs.
• The investment bank, focused on equity capital markets, saw revenue and profit growth in H1 FY26 despite a soft Q1.
• An ESOP scheme introduced before the IPO has a strike price of Rs 255, which is currently above the company's market price.

Why It Matters: Investor confidence in DAM Capital is shaken by stock drop and key exits.