Dar Credit and Capital IPO: A Deep Dive Ahead of Its SME Market Debut
Dar Credit and Capital IPO Key Dates, Price-Band, Lot Size
The subscription window for this offering is scheduled to open on May 21, 2025, and will close on May 23, 2025. Shares are being offered within a price range of ₹57 to ₹60, each holding a face value of ₹10. Prospective retail investors are required to apply for a minimum lot size of 2,000 shares, translating to a minimum investment outlay of ₹1.2 lakh. The IPO exclusively consists of a fresh issuance of 42.76 lakh equity shares, targeting a total capital infusion of ₹25.66 crore.
Dar Credit and Capital primarily directs its services towards individuals and small-scale entrepreneurs, with a particular focus on lower-income segments and a strong emphasis on empowering women-led ventures. The company’s product portfolio includes personal loans, unsecured and secured loans for Micro, Small, and Medium Enterprises (MSMEs). As of December 31, 2024, the NBFC served 24,608 customers and operated a network of 27 branches and service camps spread across six Indian states. Its loan portfolio demonstrates moderate diversification, heavily weighted towards small-ticket advances.
Dar Credit and Capital IPO Objectives
The capital raised through the IPO is primarily intended to bolster the company’s capital adequacy, with ₹22 crore specifically allocated for this purpose. The remaining funds will be utilized for general corporate objectives and to offset the expenses related to the public offering.
Before the IPO, the promoters—Mr. Ramesh Kumar Vijay, Mr. Rajkumar Vijay, and Mrs. Rakshita Vijay—collectively held a dominant 98.47% stake in the company’s equity. Following the issuance, this shareholding percentage will be adjusted, resulting in a total post-issue equity base of 1.42 crore shares.
Dar Credit and Capital financial
Performance as of December 31, 2024:
Total assets amounted to ₹221.60 crore.
Revenue reached ₹31.03 crore.
Net profit stood at ₹4.92 crore.
For the full fiscal year ending March 31, 2024:
Assets were recorded at ₹235.82 crore.
Revenue was ₹33.01 crore.
Net profit was ₹3.97 crore.
As of December 2024, the company’s net worth was ₹69.67 crore, while its borrowings totaled ₹145.89 crore.
Dar Credit and Capital IPO Reservations
The IPO’s allocation structure earmarks up to 50% for Qualified Institutional Buyers (QIBs), a minimum of 35% for retail individual investors, and 15% for High Net-worth Individuals/Non-Institutional Investors. Key dates for the IPO process are:
Allotment finalization: May 26, 2025
Processing of refunds/credit of shares: May 27, 2025
Expected listing date: May 28, 2025
Dar Credit and Capital IPO Registrar
Kfin Technologies Limited has been appointed as the official registrar for this Dar Credit and Capital IPO.
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