Dar Credit and Capital IPO is a book building of ₹25.66 crores. The issue is entirely a fresh issue of 42.76 lakh shares.
Subscriptions for Dar Credit and Capital's initial public offering (IPO) will commence on May 21, 2025, and close on May 23, 2025. On Monday, May 26, 2025, the allocation for the Dar Credit and Capital IPO is anticipated to be finalized. The proposed listing date for the Dar Credit and Capital IPO is set for Wednesday, May 28, 2025, on the NSE SME.
The price range for Dar Credit and Capital's IPO is ₹57 to ₹60 per share. An application must have a minimum lot size of 2000. Retail investors must invest a minimum of ₹1,14,000 in order to qualify. To avoid the oversubscription situation, however, it is advised that investors bid at the cutoff price, which is approximately ₹1,20,000. For HNI, the minimum lot size investment is two lots (4,000 shares), or ₹2,40,000.
GYR Capital Advisors Private Limited is the book-running lead manager of the Dar Credit & Capital IPO, while KFin Technologies Limited is the registrar to the issue. The market maker for the Dar Credit & Capital IPO is SMC Global Securities Limited.
Dar Credit and Capital IPO Details
| IPO Date | May 21, 2025 to May 23, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹57 to ₹60 per share |
| Lot Size | 2,000 Shares |
| Total Issue Size | 42,76,000 shares (aggregating up to ₹25.66 Cr) |
| Fresh Issue | 42,76,000 shares (aggregating up to ₹25.66 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,00,00,000 shares |
| Share Holding Post Issue | 1,42,76,000 shares |
| Market Maker Portion | 2,16,000 shares Smc Global Securities Ltd. |
Dar Credit and Capital IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not lessthan 15% of the Net Issue |
Dar Credit and Capital IPO Timeline (Tentative Schedule)
Dar Credit and Capital IPO opens on May 21, 2025, and closes on May 23, 2025.
| IPO Open Date | Wed, May 21, 2025 |
| IPO Close Date | Fri, May 23, 2025 |
| Tentative Allotment | Mon, May 26, 2025 |
| Initiation of Refunds | Tue, May 27, 2025 |
| Credit of Shares to Demat | Tue, May 27, 2025 |
| Tentative Listing Date | Wed, May 28, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 23, 2025 |
Dar Credit and Capital IPO Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,20,000 |
| Retail (Max) | 1 | 2000 | ₹1,20,000 |
| HNI (Min) | 2 | 4,000 | ₹2,40,000 |
| Lot Size Calculator | |||
Dar Credit and Capital IPO Promoter Holding
The Promoters of the company are Mr. Ramesh Kumar Vijay, Mr. Rajkumar Vijay and Mrs. Rakshita Vijay.
| Share Holding Pre Issue | 98.47% |
| Share Holding Post Issue |
Refer to Dar Credit and Capital IPO RHP for detailed information. (Additionally, keep checking back here for additional information about newipo.info or anything else.)
Dar Credit and Capital Limited Financial Information (Restated Standalone)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 221.60 | 235.82 | 187.27 |
| Revenue | 31.03 | 33.01 | 25.57 |
| Profit After Tax | 4.92 | 3.97 | 2.93 |
| Net Worth | 69.67 | 65.25 | 61.78 |
| Reserves and Surplus | 60.52 | 56.10 | 52.63 |
| Total Borrowing | 145.89 | 165.58 | 120.45 |
| Amount in ₹ Crore | |||
About Dar Credit and Capital Limited
Incorporated in 1994, Dar Credit and Capital Limited is a Non-Banking Finance Company (NBFC) offering three primary types of financial products: (i) Personal Loans, (ii) Unsecured MSME Loans, and (iii) Secured MSME Loans.
The company offers credit solutions to low-income individuals, especially those in class-four employment roles like cleaners and peons in municipalities.
Additionally, DCCL extends credit to small-scale shopkeepers and vendors, strongly focusing on empowering women entrepreneurs.
As of December 31, the company had 24,608 Active Customers, who are served by our 27 branches and Camps across 64 districts in 6 states in India.
The company's loan portfolio was moderately diversified, comprising 44.46% personal loans to individuals, 40.12% micro loans, 2.65% unsecured SME loans, and 12.76% secured MSME loans.
Services:
- Personal Loan to the employees of Municipalities
- Unsecured MSME Loans
- Secured MSME Loans
As of December 31, 2024, the company had 224 employees.
Competitive Strength:
- Quick and Efficient Loan Processing along with flexible Lending Practices.
- Strong Understanding of Local Markets.
- Use technology to improve credit assessment, risk management, and customer service, allowing us to swiftly process applications and disburse loans.
- Experienced and Qualified Management Team.
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