IPO Details
Bidding Dates
21 May 25 - 23 May 25
Price Range ₹
57 - 60
Total Equity
₹ 30.00Cr
Lot Size
2000
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Offer start
21 May 2025
Offer end
23 May 2025
Allotment
26 May 2025
Refund initiation
27 May 2025
Demat transfer
27 May 2025
Listing
28 May 2025
Offer start
21 May 2025
Offer end
23 May 2025
Allotment
26 May 2025
Refund initiation
27 May 2025
Demat transfer
27 May 2025
Listing
28 May 2025
About Company
Dar Credit & Capital is an emerging financial services company specializing in three key lending products: Personal Loans, Unsecured MSME Loans, and Secured MSME Loans. The company focuses on serving low-income individuals and Class 4 workers such as sweepers, cleaners, and peons employed by municipalities. Its mission is to offer financial support to essential service providers, small vendors, shopkeepers, and women entrepreneurs, helping them grow and build a better future. Operating across West Bengal, Rajasthan, Bihar, and Jharkhand, the company also has camp offices in Madhya Pradesh and Gujarat, supported by a central office. With over 30 years of experience in catering to people with limited or no access to traditional banking, Dar Credit & Capital is committed to delivering essential financial services. It offers competitive interest rates and flexible repayment options. Loan amounts are directly credited to the borrower’s account, and repayments can be made weekly, fortnightly, or monthly via ECS, cheque, or cash.
Year Founded
10-08-1994
Promotor Details
Ramesh Kumar Vijay
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 98.48 | 68.98 |
| Share Capital | 9847778 | 9847778 |
Offer to Public
50,00,000.00 Cr
Project Details
- Augment the capital base of our Company - 240cr
Objectives
- To Augment the capital base of our CompanyTo meet out the General Corporate Purposes
- andTo meet the issue expenses
Highlights
- Dar Credit and Capital has a quick and efficient loan processing system supported by flexible lending practices and a strong understanding of rural and semi-urban markets.
- The company leverages advanced technology, using digital platforms for loan origination, disbursement, and collection, along with AI and data analytics for credit scoring and fraud detection.
- It offers competitive interest rates and shorter processing times to attract and retain borrowers.
- A robust underwriting process and proactive risk management strategies help the company maintain credit quality and minimize defaults.
- The company has shown steady financial growth, with revenue from operations rising from ₹24.23 crore in FY22 to ₹32.05 crore in FY24, and PAT growing from ₹2.23 crore to ₹3.68 crore over the same period.
Challenges
- Interest income accounts for over 88–98% of total revenue; any adverse interest rate movements could impact net interest income and margins.
- A large portion of the loan portfolio is concentrated in West Bengal and Rajasthan; disruptions in these states could significantly affect business and revenue.
- Focus on underserved borrowers with limited credit histories increases the risk of higher NPAs and financial instability.
- Heavy reliance on borrower-provided data for credit assessment raises the risk of defaults if the information is inaccurate or incomplete.
- Regulatory non-compliance, such as past penalties on listed NCDs, and inadequate NPA control mechanisms could harm profitability and reputation.
