Dar Credit & Capital Limited IPO

Dar Credit & Capital Limited IPO

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹57 - ₹60

Total Issue

₹25.66 Cr

Bid Dates

21 May - 23 May

Subscription

106.16x

Est. GMP

₹16 (26.67%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Lot Info

Lot Information for Dar Credit & Capital IPO
Category Lots Shares Amount
Individual (Min) 1 2,000 ₹1,20,000
Individual (Max) 1 2,000 ₹1,20,000
S-HNI (Min) 2 4,000 ₹2,40,000
S-HNI (Max) 8 16,000 ₹9,60,000
B-HNI (Min) 9 18,000 ₹10,80,000
Market Maker
2,16,000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹25.66 Cr
Fresh Issue
₹25.66 Cr (0.43 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹16
Est. Price ₹76
Est. Gain 26.67%

Dar Credit & Capital IPO Peer Comparison

(Rs. in crores)

Dar Credit & Capital IPO Peer Comparison Table
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

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Dar Credit & Capital IPO
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

KPIs

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.

Shareholding

Promoter

62.28%

Public

37.72%

Mr. Ramesh Kumar Vijay 22.71%
Mr. Rajkumar Vijay 3.22%
Mrs. Rakshita Vijay 10.26%

Management

Ramesh Kumar Vijay Chairman & WTD
Saket Saraf CFO
Jayanta Banik CEO

Registrar & Lead Managers

Registrar

KFin Technologies

KFin Technologies

Lead Managers (1)

GYR Capital GYR Capital

Subscription Status

Updated as on 23-May-2025 19:00:19 hrs

BSE SME Subscription Status for Dar Credit & Capital IPO
Category Sub (x) Offered Bids

Frequently Asked Questions

What is Dar Credit & Capital IPO?
Dar Credit & Capital IPO is a SME IPO having an issue size of ₹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.
When will Dar Credit & Capital IPO open?
Dar Credit & Capital IPO opens on 21 May 25 and closes on 23 May 25.
What is the GMP of Dar Credit & Capital IPO?
The estimated Grey Market Premium of Dar Credit & Capital IPO is ₹16 per share (26.67%).
What is the lot size of Dar Credit & Capital IPO?
The minimum lot size of Dar Credit & Capital IPO is 2000 shares & the minimum application amount is Rs. 120000.
When is the allotment of Dar Credit & Capital IPO?
The allotment date of Dar Credit & Capital IPO is 26 May 25.
What is the listing date of Dar Credit & Capital IPO?
The listing date of Dar Credit & Capital IPO is 28 May 25.
What is the subscription of Dar Credit & Capital IPO?
Dar Credit & Capital IPO is subscribed 106.16 times.
What is the price band of Dar Credit & Capital IPO?
Dar Credit & Capital IPO is priced at ₹57 - ₹60 per share.
How to check allotment status of Dar Credit & Capital IPO?
Click the allotment link on Dar Credit & Capital IPO page of IPO360.
How to apply Dar Credit & Capital IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Dar Credit & Capital IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Dar Credit & Capital IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Dar Credit & Capital IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date