Dar Credit and Capital Limited (NSE SME)
May 21, 2025 – May 23, 2025
| Price | ₹57 - ₹60 |
| Premium | ₹12 |
|---|---|
| Lot size | 2000 |
| Allotment | May 26, 2025 |
| Listing | May 28, 2025 |
Subscription
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 120000 | 711 |
| HNI | 2 | 4000 | 240000 | 305 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.26% | 1422000 |
| NII (HNI) | 14.27% | 610000 |
| QIB | 18.99% | 812000 |
| Anchor | 28.44% | 1216000 |
| Market Maker | 5.04% | 216000 |
| Total | 100.00% | 4276000 |
Dar Credit and Capital IPO Details
| 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 |
| Market Maker | Smc Global |
Key Performance Indicator (KPI)
| KPI | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 7.20% | 6.17% | 4.47% |
| ROCE | 9.70% | 9.22% | 8.78% |
| RONW | 7.06% | 6.08% | 4.74% |
| EPS (basic) | 4.92 | 3.97 | 2.93 |
| P/E Pre IPO | 15.12 | ||
| P/E Post IPO | 13.06 |
Company Financials In Crores
| Period Ended | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| Assets | 221.6 | 235.8 | 187.3 |
| Revenue | 31.0 | 33.0 | 25.6 |
| Profit After Tax | 4.9 | 4.0 | 2.9 |
| Net Worth | 69.7 | 65.3 | 61.8 |
| Reserves and Surplus | 60.5 | 56.1 | 52.6 |
| Total Borrowing | 145.9 | 165.6 | 120.5 |
Company Overview
Name: Dar Credit and Capital Limited (DCCL)
Incorporation: 1994
Regulatory Status: Registered Non-Banking Finance Company (NBFC)
Core Offerings:
Personal Loans – For low-income individuals (e.g., municipal workers like cleaners, peons).
Unsecured MSME Loans – For small businesses and vendors.
Secured MSME Loans – Collateral-backed loans for SMEs.
Mission: Empower underserved segments, with a focus on women entrepreneurs and informal-sector workers.
Geographic Reach: 35 locations across Rajasthan, Gujarat, West Bengal, Madhya Pradesh, Chhattisgarh, Bihar, and Jharkhand (as of Sept 30, 2024).
Employees: 223 (as of November 2024).
Loan Portfolio (Sept 2024)
| Category | Share of Portfolio |
|---|---|
| Personal Loans | 44.46% |
| Micro Loans | 40.12% |
| Unsecured SME Loans | 2.65% |
| Secured MSME Loans | 12.76% |
Key Clientele:
Municipal/class-IV workers (cleaners, peons).
Small shopkeepers, street vendors.
Women-led micro-enterprises.
Strength
Speed & Flexibility: Quick loan processing and disbursement.
Local Market Expertise: Deep understanding of regional economies and borrower needs.
Technology-Driven Operations: Advanced credit assessment and risk management tools.
Weakness
Geographic Risk: Exposure to multiple states makes the loan portfolio vulnerable to adverse regional developments, impacting operations and cash flows.
Customer Segment Risk: Serving higher-risk borrower segments typical of the NBFC industry may lead to increased NPAs, provisions, and write-offs, affecting profitability.
Lead Manager(s)
Address
Business Tower, 206
AJC Bose Road
6 th Floor, Unit No. 6B,
Phone: +91 9883847875
Email: co.secretary@darcredit.com
Website: https://www.darcredit.com/