A concentration-dependent Raman study of dimethyl formamide (DMF) in Ag nanocolloidal solution was carried out in order to observe the effect of concentration on the surface enhancement mechanism. The Raman spectra in the region 900-2200 cm −1 comprising four prominent Raman modes were measured experimentally and analyzed at five different concentrations: 1, 3, 5, 7, 10 mM, and in neat DMF. In order to find the possible configurations of DMF + Ag complexes, density functional theory (DFT) calculations were carried out taking one, three and five Ag atom clusters. The Raman spectra of unconjugated DMF, DMF + Ag and DMF + 3Ag complexes were calculated theoretically to assign the vibrational modes under consideration more accurately and to understand the wavenumber shift and change in intensity observed in experimental measurements. Water present in the colloidal solution may also conjugate with DMF and its complexes with Ag. In order to see the influence of water on the wavenumber shift and intensity changes, we have also obtained the optimized structures and Raman modes of DMF + water and DMF + water + Ag complexes. Good agreement between the experimental and theoretical wavenumber shifts has been obtained by using B3LYP functional theory and CEP-31G basis set for the DMF + Ag complex. The experimental results suggest that the SERS enhancement is concentration-dependent. The concentration-dependent linewidth shows the existence of the phenomena of motional narrowing and diffusion dynamics in the colloidal solution.