The allotment of shares in the initial public offering (IPO) of Dar Credit And Capital Ltd. is scheduled to be finalised on Monday, May 26. The SME IPO of the NBFC was subscribed over 100 times on day three of bidding.

Dar Credit and Capital IPO is a book-building IPO worth Rs 25.66 crore. The NSE SME issue entirely comprises a fresh issue of 42.76 lakh shares.

The price band for the NSE SME issue was set between Rs 57 to Rs 60 per share.

The Qualified Institutional Buyers (QIBs) booked their quota 31.29 times. The Non-Institutional Investors’ (NIIs) category was subscribed 208.45, while the retail portion was booked 1.78 times. The employees subscribed their segment 104.88 times.

Once the Dar Credit and Capital IPO allotment is finalised, investors can check their status on the official websites of NSE or Kfin Technologies, the registrar for the issue. Follow the step-by-step guide below to check the Dar Credit and Capital IPO allotment status.

How To Check Dar Credit and Capital IPO Allotment Status On KfinTech

  • Visit the KfinTech IPO allotment page —https://kosmic.kfintech.com/ipostatus/.

  • From the dropdown menu, choose ‘Dar Credit And Capital’ as the IPO name.

  • Select one of the available identification options – PAN number, Application number or DP ID/client ID.

  • Enter the details based on the option you selected.

  • Click on the ‘Search’ button.

  • Your IPO allotment status will be displayed on the screen.

How To Check Dar Credit and Capital IPO Allotment Status On NSE

  1. Visit the IPO allotment page on the NSE website here: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids.

  2. Select ‘Equity & SME IPO bid details’.

  3. Select the company symbol ‘DCCL’ in the dropdown list.

  4. Enter PAN details and Application Number.

  5. Click on the Submit button to verify your share allotment status.

Dar Credit and Capital IPO GMP Today

According to Investorgain, the latest grey market premium (GMP) of the IPO was Rs 16 on Monday. This implies that the shares of Dar Capital will likely list at Rs 76 apiece, indicating a 26.67% premium to the upper end of the price band.

Note: GMP does not present official data and is based on speculation. 

Dar Credit and Capital IPO Listing Date

Following the finalisation of IPO allotment, the company will start initiating refunds and transfer of shares on May 5. Shares of Dar Credit and Capital IPO are scheduled to list on NSE SME (Emerge) on Wednesday, May 28.

. Read more on IPOs by NDTV Profit.Shares of Dar Credit and Capital IPO are scheduled to list on NSE SME (Emerge) on Wednesday, May 28.  Read MoreIPOs 

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