Dar Credit & Capital Limited IPO
The company offers three main financial products: Personal Loans, Unsecured MSME Loans, and Secured MSME Loans. It focuses on providing credit to low-income individuals, especially those in Class IV (Group D) roles like cleaners, sweepers, and peons in municipal jobs. It also serves small shopkeepers, traders, manufacturers, agri and allied sector workers, and vendors. Headquartered in Kolkata with a regional office in Jaipur, the company operates branches across West Bengal, Rajasthan, Bihar, and Jharkhand, along with camp offices in Madhya Pradesh and Gujarat.
Price Band₹57 - ₹60 |
Dates21 May - 23 May |
GMP₹16 (26.67%) |
Subscriptions106.16 times |
Issue Size₹25.66 Crs |
Dar Credit & Capital IPO Objects
- To Augment the capital base of our Company
- To meet out the General Corporate Purposes
- To meet the issue expenses
Dar Credit & Capital IPO Details
Price Band₹57 - ₹60 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹25.66 Cr (0.43 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹25.66 Cr (0.43 Cr Shares) |
Face Value₹10 per equity share |
Dar Credit & Capital IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
2,000
1,20,000
Maximum
1
2,000
1,20,000
|
|||
| NII |
Minimum
2
4,000
2,40,000
|
|||
Dar Credit & Capital IPO Subscription
Updated as on 23-May-2025 19:00:19 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 31.29 | 8,12,000 | 2,54,08,000 |
| NII | 208.80 | 6,10,000 | 12,73,68,000 |
| Retail | 104.89 | 14,22,000 | 14,91,50,000 |
| Total | 106.16 | 28,44,000 | 30,19,26,000 |
Dar Credit & Capital IPO GMP
The estimated Grey Market Premium of Dar Credit & Capital IPO is ₹16 per share (26.67%)
Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 2,16,000 EQ Shares |
Dar Credit & Capital IPO Financials
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 30.09 | 32.05 | 24.79 | 24.47 |
| Profit after Tax | 4.92 | 3.97 | 2.93 | 2.51 |
| Net Worth | 69.67 | 65.25 | 61.78 | 60.25 |
| Total Borrowing | 145.89 | 165.58 | 120.45 | 106.08 |
| Total Assets | 221.60 | 235.82 | 187.27 | 169.65 |
| NAV per share (in ₹) | 69.67 | 65.25 | 61.78 | 59.40 |
| EPS - Basic (in ₹) | 4.92 | 3.97 | 2.93 | 2.51 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 66.40% |
| PAT | 12.38% |
| ROE | 6.17% |
| ROCE | 9.22% |
| Debt to Equity | 2.51 |
| PE Ratio | 15.11 |
| PB Ratio | 0.92 |
| Mkt Cap (in Crs.) | 85.66 |
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Dar Credit & Capital IPO Peer Comparision
| Particulars | Dar Credit & Capital | Spandana Sphoorty Financial | Muthoot Microfin | Credit Access Grameen | Fusion Microfinance | Satin Creditcare Network |
|---|---|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 32.05 | 2,423.71 | 2,270.18 | 5,166.67 | 2,316.73 | 2,232.79 |
| PAT (In Crs.) | 3.97 | 500.72 | 449.58 | 1,445.93 | 505.29 | 435.94 |
| EPS - Basic | 3.97 | 70.42 | 30.20 | 90.88 | 50.30 | 44.34 |
| NAV per share | 65.25 | 511.18 | 164.49 | 412.23 | 281.93 | 218.28 |
| RONW | 6.08% | 13.74% | 16.03% | 22.01% | 17.74% | 18.16% |
| EBITDA | 66.40% | 63.84% | 65.65% | 71.97% | 60.65% | 67.24% |
| PAT Margin | 12.38% | 20.66% | 19.80% | 27.99% | 21.81% | 19.52% |
| Price to earning (PE) | 15.11 | 3.94 | 4.82 | 12.58 | 3.24 | 3.88 |
| Debt to Equity | 2.51 | 2.59 | 3.04 | 3.32 | 3.03 | 3.30 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of May 07, 2025 for Peers
Dar Credit & Capital IPO Peer Comparision
| Particulars | Dar Credit & Capital |
|---|---|
| Revenue from Ops (in Crs.) | 32.05 |
| PAT (In Crs.) | 3.97 |
| EPS - Basic | 3.97 |
| NAV per share | 65.25 |
| RONW | 6.08% |
| EBITDA | 66.40% |
| PAT Margin | 12.38% |
| Price to earning (PE) | 15.11 |
| Debt to Equity | 2.51 |
| Spandana Sphoorty Financial | Muthoot Microfin | Credit Access Grameen | Fusion Microfinance | Satin Creditcare Network |
|---|---|---|---|---|
| 2,423.71 | 2,270.18 | 5,166.67 | 2,316.73 | 2,232.79 |
| 500.72 | 449.58 | 1,445.93 | 505.29 | 435.94 |
| 70.42 | 30.20 | 90.88 | 50.30 | 44.34 |
| 511.18 | 164.49 | 412.23 | 281.93 | 218.28 |
| 13.74% | 16.03% | 22.01% | 17.74% | 18.16% |
| 63.84% | 65.65% | 71.97% | 60.65% | 67.24% |
| 20.66% | 19.80% | 27.99% | 21.81% | 19.52% |
| 3.94 | 4.82 | 12.58 | 3.24 | 3.88 |
| 2.59 | 3.04 | 3.32 | 3.03 | 3.30 |
- All the information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of May 07, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Mr. Ramesh Kumar Vijay | 22.71% |
| Mr. Rajkumar Vijay | 3.22% |
| Mrs. Rakshita Vijay | 10.26% |
| Other promoter | 62.28% |
Management Details
| Name | Designation |
|---|---|
| Ramesh Kumar Vijay | Chairman & WTD |
| Saket Saraf | CFO |
| Jayanta Banik | CEO |
Company Details
Name: Dar Credit & Capital Limited
Address: Business Tower, 206 AJC Bose Road, 6th Floor, Unit No. 6B, Kolkata, West Bengal, India, 700017
Number: +91 9883847875
Email: co.secretary@darcredit.com
Website: www.darcredit.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Dar Credit & Capital IPO is a SME IPO having an issue size of Rs. ₹25.66 Crs. Dar Credit & Capital IPO is priced at ₹57 - ₹60 per share. The issue opens on 21 May 25 and closes on 23 May 25.
Dar Credit & Capital IPO opens on 21 May 25 and closes on 23 May 25.
The estimated Grey Market Premium of Dar Credit & Capital IPO is ₹16 per share (26.67%).
The minimum lot size of Dar Credit & Capital IPO is 2000 shares & the minimum application amount is Rs. 120000.
The allotment date of Dar Credit & Capital IPO is 26 May 25.
The listing date of Dar Credit & Capital IPO is 28 May 25.
Dar Credit & Capital IPO is subscribed 106.16 times.
Dar Credit & Capital IPO is priced at ₹57 - ₹60 per share.
Click the allotment link on Dar Credit & Capital IPO page of IPO360.
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- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
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