31 Mar 2023
Assets187.27
Total Income25.57
Profit After Tax2.93
NET Worth61.78
Reserves and Surplus52.63
Total Borrowing120.45
At a glance
Updated 2026-09-12The shares listed at ₹65.15, a 8.58% move from the issue price. Dar Credit and Capital is a SME IPO with an issue size of ₹25.66 crore, proposed for listing on NSE SME. The offer opens on 21st May 2025 and closes on 23rd May 2025. The issue structure includes a fresh issue of ₹24.36 crore. The current listing schedule points to 28th May 2025.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹25.66 Cr
Fresh issue₹24.36 Cr
Face value₹10
Price band₹57.00–₹60.00
Allotment26th May 2025
Listing28th May 2025
Listing performance
Full performance ↗Issue price₹60.00
Listing price₹65.15
Current price—
Listing gain8.58%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹10.00
GMP / upper price16.67%
Est. listing₹70.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens21st May 2025
Closes23rd May 2025
Allotment26th May 2025
Refund27th May 2025
Demat27th May 2025
Listing28th May 2025
Subscription demand
Full bidding ↗Total106.09×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | ₹120,000 |
Company
Incorporated1994
Use of proceeds
| Object | Amount |
|---|---|
| Augment the capital base of the Company | ₹22.00 Cr |
| General Corporate Purposes | ₹1.06 Cr |
| Issue Expenses | ₹2.60 Cr |
| Total | ₹25.66 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue31.03₹ Cr · -6.0% vs prior year
PAT4.92₹ Cr · +23.9% vs prior year
Assets221.60₹ Cr · -6.0% vs prior year
Net Worth69.67₹ Cr · +6.8% vs prior year
Borrowing145.89₹ Cr · -11.9% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets235.82
Total Income33.01
Profit After Tax3.97
NET Worth65.25
Reserves and Surplus56.10
Total Borrowing165.58
31 Dec 2024
Assets221.60
Total Income31.03
Profit After Tax4.92
NET Worth69.67
Reserves and Surplus60.52
Total Borrowing145.89
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 6.17% |
| ROCE | 9.22% |
| Debt / Equity | 2.51% |
| RoNW | 6.08% |
| PAT Margin | 12.38% |
| EBITDA Margin | 66.40% |
| Price to Book Value | 0.92 |
Valuation & shareholding
Pre-IPO EPS3.97
Post-IPO EPS4.59
Pre-IPO P/E15.12
Post-IPO P/E13.06
Promoter holding pre98.47%
Promoter holding post68.98%
Market cap₹85.66 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Dar Credit & Capital IPO | — | 14.12 x | — | — |
| Finbud Financial IPO | — | 27.08 x | — | — |
| Sodhani Capital IPO | — | 18.55 x | — | — |
| Rikhav Securities IPO | — | 3.27 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Augment the capital base of the Company | ₹22.00 Cr |
| General Corporate Purposes | ₹1.06 Cr |
| Issue Expenses | ₹2.60 Cr |
| Total | ₹25.66 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- GYR Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-12.
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