Dar Credit and Capital Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | May 21, 2025 to May 23, 2025 |
| Listing Date | - |
| Face Value | ₹ 10 per share |
| Issue Price | ₹ 60 per share |
| Lot Size | 2,000 Shares |
| Total Issue Size | 42,76,000 shares (aggregating up to ₹ 25.66 Cr) |
| Fresh Issue | 42,76,000 shares (aggregating up to ₹ 25.66 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,00,00,000 shares |
| Share Holding Post Issue | 1,42,76,000 shares |
| Market Maker Portion | 2,16,000 shares |
About Dar Credit and Capital Limited IPO
Dar Credit and Capital Limited, a non-banking financial company (NBFC) with over three decades of experience, is set to make its stock market debut through an SME IPO. The public issue opened for subscription on May 21, 2025, and closes on May 23, 2025, drawing strong interest from investors and the financial sector. The company seeks to raise ₹25.66 crore through a fresh issue of 4.27 million equity shares, with no offer for sale component.
Company Overview and Core Business
Founded in 1994 and with RBI NBFC registration acquired in 2007, Dar Credit and Capital Limited’s focus lies on providing underserved and low-income groups with both secured and unsecured loan facilities. Its key business activities comprise:
- Providing a wide range of MSME and retail borrower financial solutions.
- Using technology for scalable loan processing and disbursement.
- Having an extensive branch network enables maintaining strong positions in the regional markets.
The financial performance of the company is commendable as revenue increased from ₹2,556.97 lakhs and reached ₹3,301.38 lakhs as of March 2024, signifying continuous growth for the company. Furthermore, during the same timeframe, the diluted EPS improved from 2.93 to 3.97, while profit after tax (PAT) rose from ₹293.00 lakhs to ₹396.83 lakhs. The return on net worth (RoNW) also indicates improved operational efficiency and profitability, as it increased from 4.74% to 6.08%.
IPO Objectives
As per the Draft Red Herring Prospectus (DRHP), the main objectives for the Dar Credit and Capital IPO are:
- To augment the company’s capital base to support future business growth and lending operations.
- To meet general corporate purposes, which may include funding working capital requirements, operational expenses, and other business needs as specified in the DRHP.
- To cover expenses related to the IPO process itself, such as issue-related costs and fees
Conclusion
The initial public offering (IPO) of Dar Credit and Capital Limited allows investors to invest in a developing NBFC that targets underserved markets and has solid management and steady financial performance. The money raised will help the capital base grow and support business expansion. The company's technology-driven procedures and localised strategy put it in a strong position for future expansion. Despite the risks, investors might find this IPO appealing because of the robust market reaction.
Dar Credit and Capital Limited IPO Financial Information
Latest Revenue
31.03
₹ Crore
Profit After Tax
4.92
₹ Crore
Net Worth
69.67
₹ Crore
Total Borrowing
145.89
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 2024 | 221.6 | 31.03 | 4.92 | 69.67 | 145.89 | ||||
| 31 Mar 2024 | 235.82 | 33.01 | 4 | 65.25 | 165.58 | ||||
| 31 Mar 2023 | 187.27 | 25.57 | 2.93 | 61.78 | 120.45 | ||||
| Amount in ₹ Crore | |||||||||
Dar Credit and Capital Limited Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 6.17% |
| ROCE | 9.22% |
| Debt/Equity | 2.51 |
| RoNW | 6.08% |
| PAT Margin | 12.38 |
| Price to Book Value | 0.92 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 3.97 | 4.59 |
| P/E (x) | 15.12 | 13.06 |
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Competitive Strengths
Quick and Flexible loan processing
Individual Loan Disbursal with Open Terms
Low Interest Rates Combined with Easy Installment Choices
Dar Credit and Capital Limited IPO Timeline
| IPO Open Date | Wed, May 21, 2025 |
| IPO Close Date | Fri, May 23, 2025 |
| Tentative Allotment | Mon, May 26, 2025 |
| Initiation of Refunds | Tue, May 27, 2025 |
| Credit of Shares to Demat | Tue, May 27, 2025 |
| Tentative Listing Date | Wed, May 28, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 23, 2025 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,20,000 |
| Retail (Max) | 1 | 2,000 | ₹1,20,000 |
| HNI (Min) | 2 | 4000 | ₹2,40,000 |