Dar Credit & Capital Ltd Company Summary

Dar Credit & Capital Ltd Summary

Dar Credit & Capital Limited was originally incorporated as a Public Limited Company vide Certificate of Incorporation dated August 10, 1994 and Certificate of Commencement of Business dated August 16, 1994 was issued by Registrar of Companies, West Bengal.The Company offers three primary types of financial products: (i) Personal Loans, (ii) Unsecured MSME Loans, and (iii) Secured MSME Loans. Our Company specializes in offering credit solutions to low-income individuals, particularly those in class-four (Group D) employment role such as cleaners, sweepers, and peons working in municipalities. It also extends credit to small-scale shopkeepers, traders, manufacturers, persons engaged in the Agri & Agri allied business and vendors, with a strong focus on empowering women entrepreneurs. With extensive experience in the financing and investment sector in India, Company has built a deep understanding of the market since its inception. In addition to the headquarters in Kolkata and regional office in Jaipur, DCCL operates through its branch offices across West Bengal, Rajasthan, Bihar and Jharkhand also Camp Offices are set up in the States of Madhya Pradesh and Gujarat.Company obtained Certificate of Registration from Reserve Bank of India (RBI) as a Non-Banking Finance Company on June 28, 2007. Over the past 30 years, Company has developed a profound understanding of the financial needs of underbanked and underserved customers. DAR Holdings Private Limited got merged with the Company in 2014. Similarly, ABAN Holdings Private Limited was merged with the Company in 2018. Further, Debentures of the Company got listed on BSE Limited since February 17, 2021. Company has received CARE BBB- Stable Ratings on December 23, 2023. The Company is planning an Initial Offer of upto 50,00,000 equity shares of face value of Rs 10 each through fresh issue.