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Dar Credit IPO is a book build issue of ₹25.66 crores. The issue is entirely a fresh issue of 0.43 crore shares of ₹25.66 crore.
Dar Credit IPO bidding started from May 21, 2025 and ended on May 23, 2025. The allotment for Dar Credit IPO was finalized on May 26, 2025. The shares got listed on NSE SME on May 28, 2025.
Dar Credit IPO price band is set at ₹60.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,14,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,40,000.
GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The market maker of the company is SMC Global Securities Ltd..
Refer to Dar Credit IPO RHP for detailed Information.
| IPO Date | May 21, 2025 to May 23, 2025 |
| Listing Date | May 28, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹57 to ₹60 per share |
| Issue Price Final | ₹60 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 42,76,000 shares (aggregating up to ₹25.66 Cr) |
| Reserved for Market Maker | 2,16,000 shares SMC Global Securities Ltd. (aggregating up to ₹1.30 Cr) |
| Net Offered to Public | 40,60,000 shares (aggregating up to ₹24.36 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 |
Dar Credit and Capital IPO offers total 42,76,000 shares. Out of which 20,28,000 (47.43%) allocated to QIB, 8,12,000 (18.99%) allocated to QIB, 6,10,000 (14.27%) allocated to NII, 14,22,000 (33.26%) allocated to RII and 12,16,000 (28.44%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,16,000 (5.05%) |
| QIB Shares Offered | 20,28,000 (47.43%) |
| − Anchor Investor Shares Offered | 12,16,000 (28.44%) |
| − QIB (Ex. Anchor) Shares Offered | 8,12,000 (18.99%) |
| NII (HNI) Shares Offered | 6,10,000 (14.27%) |
| Retail Shares Offered | 14,22,000 (33.26%) |
| Total Shares Offered | 42,76,000 (100.00%) |
Dar Credit IPO raises ₹7.30 crore from anchor investors. Dar Credit IPO Anchor bid date is May 20, 2025. Dar Credit IPO Anchor Investors list
| Bid Date | May 20, 2025 |
| Shares Offered | 12,16,000 |
| Anchor Portion Size (In Cr.) | 7.30 |
| Anchor lock-in period end date for 50% shares (30 Days) | June 25, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | August 24, 2025 |
Dar Credit 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 Fri, May 23, 2025 |
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,20,000 |
| Retail (Max) | 1 | 2,000 | ₹1,20,000 |
| HNI (Min) | 2 | 4,000 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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:
As of December 31, 2024, the company had 224 employees.
Competitive Strength:
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 221.60 | 235.82 | 187.27 |
| Total Income | 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 | |||
The market capitalization of Dar Credit IPO is ₹85.66 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 6.17% |
| ROCE | 9.22% |
| Debt/Equity | 2.51 |
| RoNW | 6.08% |
| PAT Margin | 12.38% |
| EBITDA Margin | 66.40% |
| Price to Book Value | 0.92 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 3.97 | 4.59 |
| P/E (x) | 15.12 | 13.06 |
The Company Dar Credit IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Augment the capital base of the Company | 22.00 |
| 2 | General Corporate Purposes | 1.06 |
[Dilip Davda] DCCL is offering financial products specially for MSMEs and weaker section of the society. Major portion of its funding is towards unsecured finance to MSMEs, that has lion share in its total lending. It has reported unrealistic and unbelievable margins, but poised for higher risk as it is operating in a highly competitive and fragmented segment. Based on its financial data, the issue appears aggressively priced. There is no harm in skipping this “High Risk/Low Return” bet in languishing segment. Read detail review...
| Listing Date | May 28, 2025 |
| BSE Script Code | |
| NSE Symbol | DCCL |
| ISIN | INE04Q901010 |
| Final Issue Price | ₹60 per share |
| NSE Listing Group | ST (Trade to Trade) |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹60.00 |
| Open | ₹65.15 |
| Low | ₹61.90 |
| High | ₹66.00 |
| Last Trade | ₹63.95 |
Dar Credit & Capital Ltd.
Business Tower, 206
AJC Bose Road
6 th Floor, Unit No. 6B,
Kolkata, West Bengal, 700017
Phone: +91 9883847875
Email: co.secretary@darcredit.com
Website: https://www.darcredit.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: dccl.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Dar Credit IPO is a SME IPO of 42,76,000 equity shares of the face value of ₹10 aggregating up to ₹25.66 Crores. The issue is priced at ₹60 per share. The minimum order quantity is 2000.
The IPO opens on May 21, 2025, and closes on May 23, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Dar Credit IPO using UPI as a payment gateway. Zerodha customers can apply in Dar Credit IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Dar Credit IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Dar Credit IPO opens on May 21, 2025 and closes on May 23, 2025.
Dar Credit IPO lot size is 2000, and the minimum amount required for application is ₹1,20,000.
You can apply in Dar Credit IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Dar Credit IPO will be done on Monday, May 26, 2025, and the allotted shares will be credited to your demat account by Tuesday, May 27, 2025. Check the Dar Credit IPO allotment status.
The Dar Credit IPO listing date is on Wednesday, May 28, 2025.
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