Dar Credit & Capital Ltd

Dar Credit & Capital announced that the Board of Directors of the Company at its meeting held on 29 May 2025, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 5%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Dar Credit & Capital announced that the 31th Annual General Meeting(AGM) of the company will be held on 16 July 2025.Powered by Capital Market - Live

Dar Credit & Capital announced that the Board of Directors of the Company at its meeting held on 11 June 2025, has recommended a Final Dividend of Rs.0.5 per share (i.e.5%), subject to the approval of the shareholders.Powered by Capital Market - Live

Dar Credit & Capital will hold a meeting of the Board of Directors of the Company on 11 June 2025.Powered by Capital Market - Live

The scrip was listed at 65.15, a premium of 8.58% over the initial public offer (IPO) price. The stock was currently frozen at its lower limit of 5% over its listing price. The counter hit a high of Rs 65.15 and a low of Rs 61.90. About 16.22 lakh shares of the company changed hands at the counter. Dar Credit & Capital's IPO was subscribed 98.67 times. The issue opened for bidding on 21 May 2025 and it closed on 23 May 2025. The price band of the IPO was set between Rs 57 to Rs 60 per share. The IPO comprised fresh issue of 42,76,000 equity shares. The company intends to utilize the net proceeds to meet the issue expenses, to augment the capital base of the company and general corporate purposes. Ahead of the Dar Credit & Capital on 20 May 2025, raised Rs 7.29 crore from anchor investors. The board has allotted 12.16 lakh shares at Rs 60 per share to 6 anchor investors. Dar Credit & Capital offers three primary types of financial products: personal loans, unsecured MSME loans, and secured MSME loans. The company specializes in providing credit solutions to low-income individuals, particularly those employed in Class IV (Group D) roles such as cleaners, sweepers, and peons working in municipal bodies. It also extends credit to small-scale shopkeepers, traders, manufacturers, individuals engaged in agriculture and allied activities, and local vendors, with a strong focus on empowering women entrepreneurs. As of 31 December 2024, the company had 224 full-time employees. The company recorded revenue from operations of Rs 30.09 crore and net profit of Rs 4.92 crore for the period ended 31 December 2024. Powered by Capital Market - Live