Dar Credit and Capital IPO Allotment Status: Check Latest GMP, Steps to Verify Status
Dar Credit and Capital Ltd, the non-banking financial company, launched its IPO on May 21, 2025. The bidding window for the IPO closed on May 23, 2025. The allotment process is expected to be finalised on May 26, 2025, with the company's shares set to be listed on NSE tentatively on Wednesday, May 28, 2025.
Know the procedure to check the allotment status on the NSE website.
Steps to Check Dar Credit and Capital IPO Allotment Status on NSE
Here is the process to check Dar Credit and Capital IPO Allotment Status on NSE:
- Open the Application Status page of NSE here.
- Choose 'Equity & SME IPO bid details'.
- Select 'Dar Credit and Capital Ltd.' from the list of companies.
- Enter your IPO application number and PAN details.
- Click on the submit button to check the details of the share allotment.
Dar Credit and Capital IPO Details
Dar Credit and Capital Ltd.'s IPO was a book-built issue of ₹25.66 crore, consisting of a fresh issue of ₹42.76 lakh equity shares. The bidding window was open from May 21, 2025, to May 23, 2025. The issue price band was set in the range of ₹57 to ₹60 per share. Investors could apply with a minimum lot size of 2000, requiring a minimum investment of ₹1,14,000.
On Day 3, Dar Credit and Capital IPO saw a subscription rate of 106.09 times as of 6 p.m. on Friday, May 23, 2025, as per the NSE data. The retail investor category led with a subscription of 104.88 times, while the Non-Institutional Investors (NII) saw a subscription of 208.45 times. The qualified institutional buyers (QIBs) saw a subscription of 31.29 times.
GYR Capital Advisors Private Limited is the book-running lead manager of the Dar Credit and Capital IPO, while Kfin Technologies Limited is the registrar for the issue.The market maker for Dar Credit and Capital IPO is Smc Global Securities Ltd.
Utilization of IPO Proceeds
The company will utilise the net proceeds from the issue towards the following objects:
- Augment the capital base of the Company.
- General Corporate Purposes.
- Issue Expenses
Dar Credit and Capital Ltd. GMP Details
According to Business Standard, the Grey Market Premium (GMP) of Dar Credit and Capital Ltd. was ₹16 as of May 26, 2025, 9:49 a.m. This indicates that the shares of the company are likely to be listed at ₹76, with the expected percentage gain/loss per share as 18.52%.
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Source: Business Standard Media Report dated 26 May, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
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