
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
+16.7%
Est. Listing
₹70
at current GMP
Subscribed
106.09x
overall
Open
21 May 2025
Close
23 May 2025
Allotment
26 May 2025
Refund
27 May 2025
Demat Credit
28 May 2025
Listing
28 May 2025
Overall Subscription
106.09x
Total Demand
QIB Multiplier
31.29x
Institutions & Funds
NII / HNI
208.45x
High Net-Worth
Retail (RII)
104.89x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 812,000 | 25,408,000 | 31.29x |
| NIB | 610,000 | 127,152,000 | 208.45x |
| RETAIL | 1,422,000 | 149,150,000 | 104.89x |
| Total | 2,844,000 | 301,710,000 | 106.09x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 27 | 0.00x |
| NIB | — | 5,273 | 0.00x |
| RETAIL | — | 74,575 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
The latest Grey Market Premium (GMP) for Dar Credit and Capital Limited IPO is ₹10 per equity share. Based on the upper price band of ₹57 to ₹60 per equity share, the estimated listing price is ₹70 (+16.7% expected listing gain).
With a lot size of 2000 shares and current GMP of ₹10, the expected profit per application lot is approx ₹20,000 (+16.7% gain). Minimum application cost is approx ₹1,20,000.
The Dar Credit and Capital Limited IPO aggregate issue size is ₹25.66 Crores with an equity price band set at ₹57 to ₹60 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 106.09x (Retail: 104.89x, QIB: 31.29x, NII: 208.45x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-05-26. Investors can verify status using PAN card or application number.
Dar Credit and Capital Limited shares are scheduled to list on NSE on 2025-05-28.