Overview

• Dar Credit & Capital’s SME IPO closed on May 23, 2025, with over 17 times subscription, reflecting robust investor demand across categories.
• Retail investors subscribed 37.81 times their allocation, while non-institutional investors and QIBs subscribed 25.66 times and 2.65 times, respectively.
• Unlisted shares are trading at Rs 76 in the grey market, a 26.67% premium over the upper IPO price of Rs 60, indicating anticipated listing gains.
• The IPO raised Rs 25.66 crore through a fresh issue of 4.27 million shares, with no offer-for-sale component, to strengthen the company’s capital base.
• Final allotment is scheduled for May 26, 2025, with listing on the NSE SME platform planned for May 28, 2025.