Dar Credit and Capital IPO
Dar Credit & Capital Ltd
₹1,14,000 /2000 sharesMinimum Investment
Dar Credit and Capital IPO Listing Details
Listed On | Issue Price | Listing Price | Listing Gains |
---|
-- | ₹60.00 | ₹65.15 | ₹5.15 (8.58%) |
Dar Credit and Capital IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
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21 May ‘25 - 23 May ‘25 | ₹1,14,000 | 2,000 | ₹57 - ₹60 |
Qualified Institutional Buyers | 27.00x |
Non-Institutional Investor | 142.13x |
Retail Individual Investor | 84.63x |
Total | 74.82x |
Dar Credit and Capital Limited is a non-banking finance company (NBFC) registered with the Reserve Bank of India (RBI). The company offers financial products, including personal loans, unsecured micro, small and medium enterprise (MSME) loans, and secured MSME loans.
Its primary focus is on offering credit solutions to low-income individuals employed in class-four positions such as cleaners and sweepers, as well as small-scale shopkeepers and vendors, with an emphasis on supporting women entrepreneurs.
Dar Credit and Capital operates from its headquarters in Kolkata and has a regional office in Jaipur. It also runs branch offices across West Bengal, Rajasthan, Bihar, and Jharkhand, along with camp offices in Madhya Pradesh and Gujarat.;
Managing director
Mr Ramesh Kumar Vijay
Parent organisation
Dar Credit & Capital Ltd
Strengths & Financials of Dar Credit and Capital
Dar Credit and Capital claims to have a quick and efficient loan processing system supported by flexible lending practices.
The company emphasises a strong understanding of local and regional markets, particularly in underserved rural and semi-urban areas.
Dar Credit and Capital claims to leverage advanced technology for end-to-end digital loan origination, disbursement, and collection. Their use of data analytics and artificial intelligence (AI) in credit scoring and fraud detection aims to streamline lending processes while managing risks effectively.
The company claims to offer attractive interest rates paired with shorter processing times.
Dar Credit and Capital claims to maintain a robust underwriting process combined with proactive risk management strategies.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 24.23 crore in FY22 to Rs 24.79 crore in FY23 to Rs 32.05 crore in FY24, while PAT increased from Rs 2.23 crore in FY22 to Rs 2.72 crore in FY23 to Rs 3.68 crore in FY24.
Dar Credit and Capital Financials
*All values are in Rs. Cr
Application Details of Dar Credit and Capital IPO
Apply as | Price band | Apply upto |
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Regular | ₹57 - 60 | ₹2 Lakh |
High Networth Individual | ₹57 - 60 | ₹2 - 5 Lakh |
For Dar Credit and Capital IPO, eligible investors can apply as Regular.