Dar Credit IPO Details
Dar Credit IPO Details, GMP, Date, Subscription, Allotment
Dar Credit IPO is a Book Building issue of ₹25.66 Crore, offering about 42.76 Lakh to the public.
This IPO is a complete Fresh Issue of 42.76 Lakh shares worth ₹25.66 Crore.
Dar Credit IPO was subscribed 106.09 times during bidding from 21 May 2025 to 23 May 2025. Allotment was finalized on 26 May 2025, and the shares listed on NSE EMERGE on 28 May 2025.
Price band for Dar Credit IPO is ₹56 to ₹60 per equity share. One lot consists of 2000 shares. Minimum investment for retail investors is ₹112000. It is recommended to apply at the cutoff price of ₹60 to improve allotment chances.
Retail investors can apply for 1 lot (2000 shares) costing ₹120000. NIIs must invest ₹240000 for 2 lots (4000 shares). QIBs need ₹1080000 to apply for 9 lots (18000 shares).
35% of the issue is reserved for retail investors, 15% for NIIs, 20% for QIBs, 30% of shares were reserved for anchor investors and their bidding date is 20 May 2025, and 5.00% of shares were reserved for Market Makers. The Market Maker for Dar Credit IPO is Smc Global Securities Limited.
Dar Credit and Capital Limited reported revenue of ₹32.04 Crores in and ₹30.08 Crores in . It reported a Profit of ₹3.96 Crores in and a Profit of ₹2.93 Crores in after taxes.
Kfin Technologies Limited is the registrar of the Dar Credit IPO. The book running lead manager is GYR Capital Advisors Private Limited.
Dar Credit and Capital Limited IPO (Dar Credit IPO) Overview
| IPO Name | Dar Credit and Capital Limited IPO |
| IPO Status | Listed at Rs 65.15(+8.58% Profit) |
| IPO Open Date | 21 May 2025 |
| IPO Close Date | 23 May 2025 |
| Face Value | ₹10 Per Equity Share |
| One Lot Size | 2000 Equity Shares |
| Total Issue | 42,76,000 Shares (worth up to ₹25.66 Crore Rs) |
| Fresh Issue | 42,76,000 Shares (worth up to ₹25.66 Crore Rs) |
| Issue Type | Book Building Issue |
| IPO Listing | NSE EMERGE |
| Retail Portion | Up to 35% of Net Issue |
| NII Portion | Up to 15% of Net Issue |
| Net QIB Portion | Up to 20% of Net Issue |
| Anchor Portion | Up to 30% of Net Issue |
| DRHP Draft Prospectus | View DRHP |
| RHP Draft Prospectus | View RHP |
| Anchor Investors List | View List |
Dar Credit IPO Important Dates
The following table gives all important events and their timelines for Dar Credit IPO.
| Anchor Investors Bid Date | 20 May 2025 |
| IPO Open Date | 21 May 2025 |
| IPO Close Date and Time | 23 May 2025 at 3:15 PM |
| Basis of Allotment | 26 May 2025 at 9:00 PM |
| Refunds | 27 May 2025 |
| Credit to DEMAT | 27 May 2025 |
| IPO Listing Date | 28 May 2025 |
Dar Credit IPO Investor Reservation
Dar Credit and Capital Limited issued a total 42.76 Lakh shares through this IPO. 14.22 Lakh (33.26%) shares reserved for Retail. 6.1 Lakh (14.27%) shares for NIIs. 8.12 Lakh (18.99%) shares for QIBs. 12.16 Lakh (28.44%) shares for Anchor Investors. 2.16 Lakh (5.05%) shares for Market Makers.
| Investor | Shares Reserved | Reservation % |
|---|---|---|
| Retail | 14,22,000 | 33.26% |
| NII | 6,10,000 | 14.27% |
| QIB | 8,12,000 | 18.99% |
| Anchor Investors | 12,16,000 | 28.44% |
| Market Makers | 2,16,000 | 5.05% |
| Total | 42,76,000 | 100% |
Dar Credit IPO Lot Amounts
Investors can send applications in lots of 2000 shares and in multiples thereof. The minimum amount of retail application of 2000 shares (1 lot) is ₹120000 and maximum application amount is ₹120000 for 2000 shares (1 lots). The following depicts the minimum and maximum by Retail, HNI and QIB investors in terms of shares, lots and amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹120000 |
| Retail Maximum | 1 | 2000 | ₹120000 |
| SHNI Minimum | 2 | 4000 | ₹240000 |
| SHNI Maximum | 4 | 8000 | ₹480000 |
| BHNI Minimum | 5 | 10000 | ₹600000 |
| BHNI Maximum | 8 | 16000 | ₹960000 |
| QIB Minimum | 9 | 18000 | ₹1080000 |
About Dar Credit and Capital Limited Company
Dar Credit and Capital Limited was incorporated on Aug 10, 1994 in West Bengal. It offers three primary types of financial products: Personal Loans, Unsecured MSME Loans and Secured MSME Loans. It is specialized in offering credit solutions to low-income individuals, particularly those in class-four (Group D) employment roles such as cleaners, sweepers, and peons working in municipalities. It also extends credit to small-scale shopkeepers and vendors, with a strong focus on empowering women entrepreneurs. With extensive experience in the financing and investment sector in India, Dar Credit & Capital Limited has built a deep understanding of the market since its inception. In addition to its headquarters in Kolkata and regional office in Jaipur, DCCL operates through its branch offices across West Bengal, Rajasthan, Bihar and Jharkhand; Camp Offices are set up in the States of Madhya Pradesh and Gujarat.
Over the past 30 years of business, it has developed a profound understanding of the financial needs of underbanked and underserved customers. Additionally it gained customer behaviour and requirements within this segment and also implemented various initiatives to enhance the customer experience. Its loan management system plays a crucial role in efficiently managing their customers loan portfolio, providing vital support for decision making and daily operations. As of December 2024, Assets under management (AUM) is of Rs 177.7 Crore and Networth is of Rs 69.66 Crore. This company maintains a strong Capital to Risk Assets Ratio (CRAR) of 39.38% and Debt to Equity Ratio of 2.07
Dar Credit and Capital Limited Financial Report and Review
| Particulars | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | Review |
|---|---|---|---|---|---|
| Revenue | 30.08 | 32.04 | 24.79 | 24.46 | Good |
| Profit | 4.91 | 3.96 | 2.93 | 2.50 | Growing |
| Expenses | 24.61 | 27.75 | 21.65 | 21.07 | Good |
| Assets | 221.60 | 235.83 | 187.26 | 169.65 | Growing |
| Networth | 69.66 | 65.24 | 61.77 | 59.34 | Growing |
| Borrowings | 148.89 | 165.58 | 120.45 | 106.07 | Good |
Amount ₹ in Crores if not stated separately
Dar Credit and Capital Limited Key Performance Indicators
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 32.04 | 24.79 | 24.46 |
| Revenue from Operations % | 32.04 | 24.79 | 24.46 |
| ROE % | 6.17 | 4.47 | 4.08 |
| ROCE % | 9.22 | 8.78 | 9.21 |
| EBITDA | 21.92 | 16.45 | 15.91 |
| EBITDA Margin % | 66.40 | 64.37 | 64.55 |
| PAT Margin % | 12.38 | 11.82 | 10.26 |
| Debt to Equity Ratio | 2.51 | 1.92 | 1.76 |
| Earnings Per Share (in ₹) | 3.97 | 2.93 | 2.50 |
| Return on Networth % | 6.08 | 4.74 | 4.22 |
| Net Asset Value | 65.25 | 61.78 | 59.35 |
Dar Credit and Capital Limited IPO Peer Group Comparison
| Company | Basic EPS (₹) | Face Value (₹) | P/E | RoNW (%) | NAV | Income (Cr) |
|---|---|---|---|---|---|---|
| Dar Credit and Capital Limited | 3.97 | 10 | – | 6.08 | 65.25 | 33.01 |
| Spandana Sphoorty Financial Ltd | 70.42 | 10 | 3.94 | 13.74 | 511.18 | 2533.95 |
| Muthoot Microfin Ltd | 30.20 | 10 | 4.82 | 16.03 | 164.49 | 2285.49 |
| Credit Access Grameen Ltd | 90.88 | 10 | 12.58 | 22.01 | 412.23 | 5172.65 |
| Fusion Microfinance Ltd | 50.30 | 10 | 3.24 | 17.74 | 281.93 | 2412.42 |
| Satin Creditcare Network Ltd | 44.34 | 10 | 3.88 | 18.16 | 218.28 | 2240.53 |
Objects of the Dar Credit IPO Offer
Dar Credit and Capital Limited filed to raise ₹25.66 Crore Rs funds through Fresh Issue and is about to use the funds on the following objects:
| S.No. | Objects of the Issue | Amt (in Cr) |
|---|---|---|
| 1 | Augment the capital base of our Company | 22 Cr |
| 2 | General Corporate Purposes | |
| Total | * |
Amount ₹ in Crores if not stated separately
Dar Credit and Capital Limited Office Address
Dar Credit and Capital Limited
Business Tower, 206 AJC Bose Road,
6th Floor, Unit
No. 6B, Kolkata,
West Bengal, India, 700017
Dar Credit IPO Details FAQs
1. What is the Dar Credit IPO ?
Dar Credit IPO is a Book Building issue of ₹25.66 Crore, offering about 42.76 Lakh to the public.
2. What is the Dar Credit IPO price band and face value per share?
Price band for Dar Credit IPO is ₹56 to ₹60 per equity share. The face value of each share is ₹10 per equity share.
3. When will Dar Credit IPO open date for subscription?
Dar Credit IPO open date for subscription is 21 May 2025 and close date is 23 May 2025 at 3:15 PM.
4. What is the Dar Credit IPO Investors reservation portions?
The Dar Credit IPO has allocated 35% for Retail, 15% for NIIs, and 20% for QIBs. 30% of shares are reserved for Anchor Investors.
5. What is the issue size of the Dar Credit IPO ?
This IPO is a complete Fresh Issue of 42.76 Lakh shares worth ₹25.66 Crore.
6. What is the lot size and the minimum investment for retail, NII, and QIB applicants of Dar Credit IPO ?
In the Dar Credit IPO , the minimum investment for Retail investors is 1 lot (2000 shares), totaling ₹120000. For NIIs, the investment is 2 lots (4000 shares), amounting to ₹240000. QIBs need ₹1080000 to subscribe to 9 lots (18000 shares) of the Dar Credit IPO.
7. How to apply for the Dar Credit IPO ?
One can apply for Dar Credit IPO through the ASBA via bank account. If the application amount is below ₹5,00,000, they can apply via UPI through their stock brokers like Zerodha, Groww, Paytm Money etc.
8. What is Dar Credit IPO Lot Size?
Dar Credit IPO one lot size is 2000 equity shares.
9. What is the Dar Credit IPO Allotment Date?
Dar Credit IPO Allotment Date is 26 May 2025.
10. What is the Dar Credit IPO Listing Date?
Dar Credit IPO listing date is 28 May 2025.