What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the price band for Dar Credit and Capital Limited IPO?

The price band for Dar Credit and Capital Limited IPO is set at ₹57 to ₹60 per equity share with a minimum lot size of 2000 shares.

When does Dar Credit and Capital Limited IPO open and close?

The Dar Credit and Capital Limited IPO opens on 2025-05-21 and closes on 2025-05-23. The allotment date is 2025-05-26 and the listing date is 2025-05-28.

What is the current GMP of Dar Credit and Capital Limited IPO?

The current grey market premium (GMP) for Dar Credit and Capital Limited IPO is ₹10, implying an estimated listing price of ₹70 (16.67% gain over the upper price band).

How do I check Dar Credit and Capital Limited IPO allotment status?

You can check the allotment status on the registrar's official portal (Kfin Technologies Limited) or through the BSE/NSE allotment websites once the basis of allotment is finalized.

Dar Credit and Capital Limited

ListedSME

Financial Services · NSE

Dar Credit and Capital Limited (DCCL), incorporated in 1994, is a registered NBFC focused on providing credit access to underserved and low-income segments. The company offers personal loans for municipal and class-IV workers such as cleaners and peons, along with unsecured and secured MSME loans for small shopkeepers, vendors, and women-led micro-enterprises. As of September 30, 2024, its portfolio mix includes Personal Loans (44.46%), Micro Loans (40.12%), Unsecured SME Loans (2.65%), and Secured MSME Loans (12.76%). DCCL operates through 35 locations across Rajasthan, Gujarat, West Bengal, Madhya Pradesh, Chhattisgarh, Bihar, and Jharkhand, supported by a team of 223 employees as of November 2024. The company’s mission is to drive financial inclusion and empower grassroots entrepreneurs.

Price Band

₹57 – ₹60

Issue Size

₹25.66 Cr

Lot Size

2000 shares

GMP

₹10

+16.7%

Est. Listing

₹70

at current GMP

Subscribed

106.09x

overall

Open

21 May 2025

23 May 2025

Allotment

26 May 2025

Refund

27 May 2025

Demat Credit

28 May 2025

Listing

28 May 2025

Last updated 12 days ago

Overview GMP Subscription Financials IPO Details Company Promoters Objects Peers Documents Allotment FAQs

Key Highlights

•Leading player in the Financial Services segment
•Price band established at ₹57 - ₹60 per equity share
•Minimum bid lot is 2000 shares
•Estimated listing target of ₹70 based on current grey market activity