Dar Credit & Capital Limited Link 
Allotment
Dar Credit launched a book-built IPO worth ₹25.66 crore, comprising entirely a fresh issue of 0.43 crore shares.
The IPO opened for bidding on May 21, 2025, and closed on May 23, 2025. The allotment was finalized on May 26, 2025, and the shares were subsequently listed on NSE SME on May 28, 2025.
The price band for the IPO was set at ₹60 per share. The lot size for an application is 2,000 shares. For retail investors, the minimum investment is 1 lot (2,000 shares), totaling ₹1,14,000. HNI investors must subscribe to a minimum of 2 lots (4,000 shares), amounting to ₹2,40,000.
The IPO was managed by GYR Capital Advisors Pvt. Ltd. as the Book Running Lead Manager, with Kfin Technologies Ltd. serving as the Registrar of the Issue. The company’s market maker is SMC Global Securities Ltd.
Investors can bid for a minimum of 2,000 shares, with additional bids required in multiples of 2,000 shares.
₹60
0%
Open
₹60
HIgh - Low
₹60
Previous Close
₹60
Total Traded Value
0
52 Weeks High
₹60
52 Weeks Low
₹60
Updates On
May 15, 2025
IPO. Open
May 21, 2026
IPO. Close
May 23, 2026
IPO. Price
₹60.00
IPO Market price
₹85.66 Cr
IPO Details
| IPO Date | 28 May |
| IPO Listing Date | 28 May |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹60.00 |
| IPO Issue Size | 42,76,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | NSE SME Platform |
| hare Holding Pre Issue | 1,00,00,000 shares |
IPO Timeline
| IPO Open Date | 21 May |
| IPO Close Date | 23 May |
| IPO Allotment (Tentative) | 26 May |
| Refunds | 27 May |
| Credit to Demat Account | 27 May |
| IPO Listing Date | 28 May |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 20,28,000 Shares |
| NII (HNI) Shares Offered | 6,10,000 Shares |
| Retail Shares Offered | 14,22,000 Shares |
IPO Lot Size
Investors can bid for a minimum of 2,000 shares, with additional bids required in multiples of 2,000 shares.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,20,000 |
| Retail (Max) | 1 | 2,000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 4,000 | ₹2,40,000 |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
Incorporated in 1994, Dar Credit and Capital Limited (DCCL) is a Non-Banking Finance Company (NBFC) that provides financial solutions through three main products:
Personal Loans
Unsecured MSME Loans
Secured MSME Loans
The company primarily serves low-income individuals, especially employees in class-four municipal roles such as cleaners and peons. DCCL also provides credit to small-scale shopkeepers and vendors, with a strong focus on empowering women entrepreneurs.
Operations and Customer Base:
As of December 31, 2024, DCCL had 24,608 active customers, supported by 27 branches and camps across 64 districts in 6 states in India.
The company’s loan portfolio is moderately diversified:
Personal loans to individuals: 44.46%
Micro loans: 40.12%
Unsecured SME loans: 2.65%
Secured MSME loans: 12.76%
Services Offered:
Personal loans to employees of municipalities
Unsecured MSME loans
Secured MSME loans
Employee Strength:
As of December 31, 2024, the company employed 224 staff members.
Competitive Strengths:
Quick and efficient loan processing with flexible lending practices
Strong understanding of local markets to serve diverse customer needs
Technology-driven operations for credit assessment, risk management, and customer service, enabling fast loan disbursal
Experienced and qualified management team
Company Financials (Consolidated)
| Assets | 221.6 | 235.82 | 187.27 |
| Total Income | 31.03 | 33.01 | 25.57 |
| Profit After Tax | 4.92 | 3.97 | 2.93 |
| EBITDA | - | - | - |
| NET Worth | 69.67 | 65.25 | 61.78 |
| Reserves and Surplus | 60.52 | 56.1 | 52.63 |
| Total Borrowing | 145.89 | 165.58 | 120.45 |
Key Performance Indicator (KPI)
| 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 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | 1.06 |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Dar Credit & Capital Ltd. Address
Business Tower, 206
AJC Bose Road
6 th Floor, Unit No. 6B,
Kolkata, West Bengal, 700017
+91 9883847875
co.secretary@darcredit.com
https://www.darcredit.com/
Detail Registrar
IPO Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
dccl.ipo@kfintech.com
https://ipostatus.kfintech.com/
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