Dar Credit & Capital Ltd - IPO

Dar Credit & Capital Ltd IPO Details

Initial public offer of upto 42,76,000 equity shares of face value of Rs. 10/- each ("the Equity Shares") of Dar Credit & Capital Limited (the Company or DCCL or Issuer) at an issue price of Rs. 60 per equity share (Including a Share Premium of Rs. 50 per Equity Share) for cash, aggregating up to Rs. 25.66 crores (Public Issue) out of which upto 2,16,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 60 per equity share for cash, aggregating Rs. 1.30 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. net issue of upto 40,60,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 60 per equity share for cash, aggregating up to Rs. 24.36 crores is hereinafter referred to as the Net Issue. The public issue and net issue will constitute 29.95% and 28.44% respectively of the post-issue paid-up equity share capital of the company.

Objective of issue

Augment the capital base the company. General corporate purposes.

Dar Credit & Capital Ltd Contact Details

Dar Credit & Capital Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - Co.secretary@darcredit.com

Website - www.darcredit.com