Dar Credit & Capital IPO

NSELot: 2000

LISTEDSME
Issue Price60
Listing65.15
Current45
Price Band
57 - ₹60
Lot Size
2,000
Issue Size
₹25.66 Cr
GMP
0
Subscription
5.89x

IPO Schedule

1
Open
21 May
2
Close
23 May
3
Allotment
-
4
Listing
28 May

About Dar Credit & Capital

Dar Credit & Capital Limited is an SME focused on providing financial services, primarily offering loans and advances. The company operates in a niche market, catering to specific financial needs of small and medium-sized enterprises.

Subscription Status

QIB
1.65x
NII
3.90x
Retail
9.16x
CategoryDay 3Day 2Day 1
QIB31.29x2.65x1.65x
NII208.45x16.81x3.90x
Retail104.88x29.72x9.16x
Total106.09x19.22x5.89x

Risk Factors

Relatively small issue size, potentially leading to volatility.
Competition from larger and more established financial institutions.
Risk of loan defaults in the SME sector.
Low ROE of 6.17% may not attract long-term investors looking for high returns.
SME segment IPOs are subject to market risks