Dar Credit and Capital IPO Live
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Schedule of Dar Credit and Capital
| Issue open date | 21 May 2025 |
| Issue close date | 23 May 2025 |
| UPI mandate deadline | 23 May 2025 (5 PM) |
| Allotment finalization | 26 May 2025 |
| Refund initiation | 27 May 2025 |
| Share credit | 27 May 2025 |
| Listing date | 28 May 2025 |
| Mandate end date | 07 Jun 2025 |
| Lock-in end date for anchor investors (50%) | 25 Jun 2025 |
| Lock-in end date for anchor investors (remaining) | 24 Aug 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Dar Credit and Capital
Incorporated in 1994, Dar Credit and Capital is a non-banking finance company (NBFC) specializing in personal, unsecured MSME, and secured MSME loans. It primarily serves low-income individuals, including municipal workers, small shopkeepers, and women entrepreneurs. The company operates in West Bengal, Rajasthan, Bihar, Jharkhand, Madhya Pradesh, and Gujarat. With a strong focus on digital processes, it uses the Vijay software by Qbent Technologies for efficient loan management. As of December 2024, it has an AUM of Rs. 177.70 crores and a net worth of Rs. 69.67 crores.
Financials of Dar Credit and Capital
*All figures are in ₹ Crores.
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹25.66 crores |
| Offer for sale | ₹25.66 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Strengthen the company’s financial base | 22 (85.74%) |
| General corporate purposes | 3.66 (14.26%) |
Strengths
- Quick loan processing and flexible lending for varied customer needs.
- Strong understanding of local markets and regional customer preferences.
- Innovative use of technology for efficient loan processing and disbursement.
- Experienced management team with deep financial and operational expertise.
- Attractive interest rates combined with shorter processing times.
- Strong underwriting process and proactive risk management strategies.
- Established branch network supporting localized service and customer reach.
Risks
- Vulnerable to interest rate volatility affecting net interest margins.
- Heavy reliance on borrower information for credit assessments.
- Moderate safety credit rating; risk of potential downgrades.
- IT system disruptions could severely impact business operations.
- Geographical concentration risk from top two revenue states.
- High competition in MSME lending segment challenging market position.
- Dependency on effective internal controls for financial accuracy.
Allotment Status for Dar Credit and Capital
To check your allotment status – click here.