The Dar Credit and Capital IPO is scheduled to open on May 21, 2025, and will close on May 23, 2025. It is a book-built issue worth ₹25.66 crores, comprising a fresh issue of 42.76 lakh equity shares.
The price band is set at ₹57 to ₹60 per share, and investors can apply for a minimum of 2,000 shares. Retail investors are required to invest at least ₹1,14,000, but bidding at the cutoff price (around ₹1,20,000) is recommended to improve the chances of allotment. The IPO is proposed to be listed on the NSE SME platform on May 28, 2025.
As of June 30, 2024, Dar Credit and Capital reported assets of ₹230.1 crore, revenue of ₹10.19 crore, and a profit after tax of ₹1.52 crore. The company’s net worth stood at ₹66.35 crore with borrowings amounting to ₹159.25 crore, indicating a stable financial position with a growing operational base.
Overview of Contents
Dar Credit and Capital IPO Overview
| Detail | Information |
|---|---|
| Issue Type | Book Built Issue |
| Face Value per Share | ₹10 |
| Price Band | ₹57 – ₹60 per share |
| Lot Size (Minimum Application) | 2,000 Shares |
| Total Shares on Offer | 42,76,000 Equity Shares |
| Issue Size | ₹25.66 Crores (entirely fresh issue) |
| Fresh Issue Component | 42,76,000 Equity Shares |
| Pre-Issue Share Capital | 1,00,00,000 Shares |
| Post-Issue Share Capital | 1,42,76,000 Shares |
| Market Maker Reservation | 2,16,000 Shares |
| Retail Investor Quota | Not less than 35% of Net Issue |
| NII (HNI) Quota | Not less than 15% of Net Issue |
| QIB Quota | Not more than 50% of Net Issue |
Dar Credit and Capital IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
Dar Credit and Capital IPO Dates
| Event | Date & Day |
|---|---|
| IPO Closing Date | Friday, May 23, 2025 |
| IPO Opening Date | Wednesday, May 21, 2025 |
| Tentative Allotment Finalization | Monday, May 26, 2025 |
| Initiation of Refunds | Tuesday, May 27, 2025 |
| Credit of Shares to Demat Account | Tuesday, May 27, 2025 |
| Tentative Listing Date | Wednesday, May 28, 2025 |
Dar Credit and Capital IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,20,000 |
| Retail (Max) | 1 | 2000 | ₹1,20,000 |
| HNI (Min) | 2 | 4,000 | ₹2,40,000 |
Dar Credit and Capital IPO Promoter Holding
The promoters of Dar Credit and Capital Limited are Mr. Ramesh Kumar Vijay, Mr. Rajkumar Vijay, and Mrs. Rakshita Vijay. They held a majority stake in the company prior to the IPO. Post-issue, their shareholding will be diluted due to the fresh equity issuance.
| Shareholding Stage | Percentage (%) |
|---|---|
| Pre-Issue | 98.48% |
| Post-Issue | To be updated |
Dar Credit and Capital Limited Financial Overview
Dar Credit and Capital Limited has shown consistent growth in its net worth and profitability over recent fiscal periods. Despite a slight dip in assets as of June 2024, the company maintains strong reserves and steady financial health. Below is a snapshot of its restated standalone financials:
| Financial Metrics (₹ in Crore) | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Total Assets | 230.10 | 235.06 | 186.79 |
| Revenue from Operations | 10.19 | 33.01 | 25.57 |
| Profit After Tax (PAT) | 1.52 | 3.68 | 2.72 |
| Net Worth | 66.35 | 65.34 | 62.15 |
| Reserves & Surplus | 56.35 | 55.34 | 52.15 |
| Total Borrowings | 159.25 | 165.58 | 120.45 |
Object of the issue
- Augment the capital base of the Company
- General Corporate Purposes
- Issue Expenses
Dar Credit and Capital IPO Key Financial Metrics
| KPI | Values |
|---|---|
| ROE: | 5.78% |
| ROCE: | 9.10% |
| EBITDA Margin: | 65.36% |
| PAT Margin: | 11.49% |
| Debt to equity ratio: | 2.53 |
| Earning Per Share (EPS): | ₹3.68 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 5.64% |
| Net Asset Value (NAV): | ₹65.34 |
Dar Credit IPO Review
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Dar Credit IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Private Limited
Company Address
Dar Credit & Capital Limited
Business Tower, 206 AJC Bose Road, 6th Floor,
Unit No. 6B, Kolkata, West Bengal, India, 700017
Phone: +91 9883847875
E-mail: [email protected]
Website: www.darcredit.com
Dar Credit IPO FAQs
What is the Dar Credit and Capital IPO issue size?
The IPO is a book-building issue of ₹25.66 crore, consisting of a fresh issue of 42.76 lakh shares.
What are the Dar Credit and Capital IPO dates?
The IPO is scheduled to open on May 21, 2025, and close on May 23, 2025.
What is the price band and lot size for this IPO?
The price band is set at ₹57 to ₹60 per share, with a minimum lot size of 2,000 shares.
How much investment is required from retail investors?
Retail investors need to invest at least ₹1,14,000, but it’s advisable to bid at the cut-off price, amounting to approximately ₹1,20,000, to increase allotment chances.
When is the Dar Credit and Capital IPO listing date?
The IPO is expected to be listed on NSE SME on or around May 28, 2025.
What is the minimum investment for HNIs (High Net-worth Individuals)?
HNIs must apply for at least 2 lots (4,000 shares), totaling around ₹2,40,000.
Who are the promoters of Dar Credit and Capital Limited?
The company is promoted by Mr. Ramesh Kumar Vijay, Mr. Rajkumar Vijay, and Mrs. Rakshita Vijay.
What is the pre and post-issue shareholding of promoters?
Before the IPO, promoters held 98.48% of the shares. Post-issue shareholding will reduce as new shares are issued.
What are the key financials of Dar Credit and Capital Limited?
As of June 30, 2024, the company reported assets of ₹230.1 crore, net worth of ₹66.35 crore, and PAT of ₹1.52 crore.