Dar Credit and Capital IPO - Day 3 Subscription at 27.98 Times

Dar Credit and Capital's initial public offering (IPO) has shown impressive progress through its three-day subscription period. The ₹25.66 crore IPO has witnessed strong demand, with subscription rates opening at 5.89 times on day one, rising to 19.22 times on day two, and reaching 27.98 times by 11:15:00 AM on the final day, demonstrating solid investor enthusiasm for this Non-Banking Finance Company (NBFC) that offers three primary types of financial products: Personal Loans, Unsecured MSME Loans, and Secured MSME Loans.

Dar Credit and Capital IPO retail investors segment leads with an impressive 41.60 times subscription, while non-institutional investors show strong interest at 29.97 times and qualified institutional buyers demonstrate participation at 2.65 times, reflecting investor confidence in this company that serves 24,608 active customers through 27 branches and camps across 64 districts in 6 states in India.

Dar Credit and Capital IPO subscription reaching a strong 27.98 times on the final day, led by Retail (41.60x), NII (29.97x) and QIB (2.65x). Check the details at 5paisa.

Subscription Status of Dar Credit and Capital IPO:

Here are the subscription details for Dar Credit and Capital IPO as of Day 3 (May 23, 2025, 11:09:33 AM):

Key Highlights - Day 3:

• Overall subscription reaching a strong 27.98 times, showing excellent investor enthusiasm
• Retail investors segment showing impressive demand at 41.60 times, up from day two's 29.72 times
• NII segment showing robust interest at 29.97 times, significantly higher than day two's 16.81 times
• QIB segment maintains steady participation at 2.65 times, unchanged from day two
• Total applications reached 31,214, indicating widespread investor participation
• Final day subscription figures reflecting strong confidence in the NBFC sector
• All investor categories are showing substantial oversubscription, demonstrating broad-based investor confidence

Dar Credit and Capital IPO - Day 2 Subscription at 19.22 Times

Key Highlights: Day 2

• Overall subscription rising to 19.22 times, showing more than threefold growth from day one
• Retail investors showing strong enthusiasm at 29.72 times, more than triple day one's 9.16 times
• NII segment showing significant demand at 16.81 times, more than four times day one's 3.90 times
• QIB segment showing growth to 2.65 times, up from day one's 1.65 times
• Second-day momentum indicates strong investor confidence across multiple categories
• Market response highlighting growing belief in the financial services sector
• NBFC expertise in microfinance attracting significant investor attention
• Second day setting the stage for strong final day subscription levels

Dar Credit and Capital IPO - Day 1 Subscription at 5.89 Times

Key Highlights: Day 1

• Overall subscription opening strong at 5.89 times, showing good first-day interest
• Retail investors began impressively at 9.16 times, indicating strong individual investor confidence
• NII segment showing initial interest at 3.90 times, reflecting early high-net-worth investor participation
• QIB segment showing participation at 1.65 times on day one
• Opening day demonstrates solid investor engagement across categories
• Initial momentum reflecting a positive assessment of the NBFC sector opportunity
• Financial services expertise drawing initial investor attention
• First day, setting a strong foundation for growth in subsequent days

About Dar Credit and Capital Limited

Incorporated in 1994, Dar Credit and Capital Limited is a Non-Banking Finance Company (NBFC) offering three primary types of financial products: Personal Loans, Unsecured MSME Loans, and Secured MSME Loans. The company offers credit solutions to low-income individuals, especially those in class-four employment roles like cleaners and peons in municipalities.

Additionally, the company extends credit to small-scale shopkeepers and vendors, strongly focusing on empowering women entrepreneurs. As of December 31, 2024, the company had 24,608 active customers, who are served by 27 branches and camps across 64 districts in 6 states in India.

Financial performance shows steady growth with revenue increasing from ₹25.57 crores in FY2023 to ₹33.01 crores in FY2024, while profit after tax rose from ₹2.93 crores to ₹3.97 crores during the same period. For the nine months ended December 2024, the company reported revenue of ₹31.03 crores with PAT of ₹4.92 crores. The company maintains financial metrics with 6.17% ROE, 9.22% ROCE, and 6.08% RONW.

Highlights of the Dar Credit and Capita IPO:

• IPO type: Book Building IPO
• IPO size: ₹25.66 crores
• Fresh Issue: 42.76 lakh shares
• Face value: ₹10 per share
• Issue price: ₹60 per share
• Lot size: 2,000 shares
• Minimum investment for retail investors: ₹1,20,000
• Minimum investment for HNI: ₹2,40,000 (2 lots)
• Market maker reservation: 2,16,000 shares
• Anchor portion: 12,16,000 shares (₹7.30 crores raised)
• Listing at: NSE SME
• IPO opens: May 21, 2025
• IPO closes: May 23, 2025
• Allotment date: May 26, 2025
• Listing date: May 28, 2025