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.

When is the Dar Credit and Capital Limited IPO allotment date?

The basis of allotment for Dar Credit and Capital Limited IPO is scheduled to be finalized on 26 May 2025.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 27 May 2025.

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 Live GMP Live Subscription Allotment Status

Official Registrar Verification

Dar Credit and Capital Limited Allotment Status

Designated Registrar: Kfin Technologies Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

26 May 2025

Basis finalization

Refunds Initiate

27 May 2025

Mandate release

Demat Credit

28 May 2025

Shares in demat

Listing Debut

28 May 2025

Trading begins

How to Check Dar Credit and Capital Limited IPO Allotment Status

Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
Select Dar Credit and Capital Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Dar Credit and Capital Limited Public Issue & Market Profile

Dar Credit and Capital Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹25.66 Crores. The shares are offered at a price band of ₹57 to ₹60 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-05-28, while un-allotted funds or UPI block mandates will be released on 2025-05-27.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.