Credent Connect N Care IPO
Credent Connect N Care is an NSE SME IPO listed on the NSE SME platform, priced at ₹179–₹189 per share. The stock debuted at ₹359.1, delivering a listing gain of 90.0%. The IPO had a lot size of ₹600 shares and a minimum investment of ₹2,26,800.
Credent Connect N Care Limited IPO
- IPO Dates
- Aug 13, 2026 – Aug 17, 2026
- Price band
- ₹179-189 per equity share
- Minimum Investment
- ₹2,26,800
- Issue size
- ₹93.9 Cr
- Lot size
- 600
- Allotment Date
- Aug 18, 2026
- Listing
- Aug 20, 2026
- Listing At
- NSE SME
IPO timeline
-
Aug 13, 2026
Open Date
Completed
-
Aug 17, 2026
Close Date
Completed
-
Aug 18, 2026
Allotment Date
Completed
-
Aug 20, 2026
Listing Date
Completed
Unofficial pre-listing indicator
Credent Connect N Care IPO Last Recorded GMP: ₹65
No GMP quote could be verified as recorded before Credent Connect N Care IPO listed. A grey-market observation of ₹65 per share was recorded on 20 Aug 2026, 8:15 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹359.1. GMP is unofficial and does not forecast or guarantee the actual listing price.
- Last recorded GMP
- ₹65
- GMP percentage
- 34%
- Upper price band
- ₹189
- Listing price
- ₹359.1
During the recorded period, Credent Connect N Care IPO GMP ranged from ₹14 to ₹65.
Credent Connect N Care IPO GMP trend (day-wise) 35 observations
| Date & time | GMP | Change | GMP % | Indicative price |
|---|---|---|---|---|
| ₹65 | ₹0 | 34% | ₹254 | |
| ₹65 | ₹0 | 34% | ₹254 | |
| ₹65 | +₹7 | 34% | ₹254 | |
| ₹58 | +₹7 | 31% | ₹247 | |
| ₹51 | ₹0 | 27% | ₹240 | |
| ₹51 | +₹9 | 27% | ₹240 | |
| ₹42 | ₹0 | 22% | ₹231 | |
| ₹42 | ₹0 | 22% | ₹231 | |
| ₹42 | ₹0 | 22% | ₹231 | |
| ₹42 | ₹0 | 22% | ₹231 |
Credent Connect N Care IPO Subscription Details
View Subscription DetailsCredent Connect N Care IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Credent Connect N Care IPO Essentials
Credent Connect N Care IPO Details
Credent Connect N Care IPO is priced at ₹179-189 per share with a total issue size of 93.9 crore. The IPO has a lot size of 600 shares and is listed on NSE SME.
- Issue price
- ₹179-189 per equity share
- Lot size
- 600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 49,68,000 shares(agg. up to ₹93.90 Cr)
- Total issue size
- 49,68,000 shares
(aggregating up to ₹93.9 crore) - Fresh issue
- 49,68,000 shares
(aggregating up to ₹93.9 crore) - Retail Portion
- 35%
- Listing at
- NSE SME
- List price
- 359.1
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Hem Securities Limited
Market Lot Size
Investors can bid for a minimum of 1,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 1,200 | ₹2,26,800 |
| Individual(max) | 2 | 1,200 | ₹2,26,800 |
| sHNI(min) | 3 | 1,800 | ₹3,40,200 |
| sHNI(max) | 8 | 4,800 | ₹9,07,200 |
| bHNI(min) | 9 | 5,400 | ₹10,20,600 |
Credent Connect N Care IPO Reservation
Credent Connect N Care IPO reservation details show category-wise allocation of shares. Out of the total 4968000 shares, approximately 19.08% are reserved for QIB, 14.25% for NII, 33.33% for retail investors, 5.07% for market maker, and 28.26% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1404000 (28.26%) | |
| Market Maker Shares Offered | 252000 (5.07%) | |
| QIB Shares Offered | 948000 (19.08%) | |
| NII (HNI) Shares Offered | 708000 (14.25%) | |
| bHNI > ₹10L | 471600 (9.39%) | 262 |
| sHNI < ₹10L | 235800 (4.85%) | 131 |
| Individual Shares Offered | 1656000 (33.33%) | 1380 |
| Total Shares Offered | 4968000 (100%) |
Credent Connect N Care IPO Analytics
Credent Connect N Care IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Credent Connect N Care IPO Subscription Status
Credent Connect N Care IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 153.21x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Individual | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 9,48,000 |
7,08,000
4,71,600
2,35,800
|
16,56,000 | 33,12,000 |
|
Day 1
13-08-26 05:00 PM
|
1.00 x |
1.59x
1.44x
1.89x
|
3.07 x | 2.16 x |
|
Day 2
14-08-26 05:00 PM
|
6.45 x |
10.06x
8.64x
12.94x
|
16.26 x | 12.12 x |
|
Day 3
17-08-26 05:00 PM
|
130.40 x |
217.33x
256.33x
139.88x
|
138.86 x | 153.21 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 2,30,220 (Approx) | 82.64x | 127.87x | 138.86x |
Credent Connect N Care Valuations
Earnings
- EPS Pre IPO
- ₹13.92/-
- EPS Post IPO
- ₹10.12/-
- P/E Pre IPO
- 13.58
- P/E Post IPO
- 18.68
Returns
- ROE
- 61.81%
- ROCE
- 40.0%
- RoNW
- 42.13%
- PAT Margin
- 8.61%
Fundamentals
- Debt / Equity
- 0.50
- Market Cap
- ₹344.41 Cr.
Credent Connect N Care Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 81.57 | 29.50 | 26.41 |
| Revenue | 214.43 | 78.23 | 76.02 |
| Profit After Tax | 18.45 | 2.25 | 2.66 |
| Net Worth | 43.79 | 15.90 | 13.66 |
| Reserves & Surplus | 30.54 | 15.70 | 13.46 |
| Total Borrowing | 21.95 | 7.42 | 6.85 |
Credent Connect N Care Company & Offer Insights
About Credent Connect N Care
Credent Connect N Care Limited is a transport and logistics company incorporated in the year 2015 and has its headquarters in New Delhi, India. The company is a public unlisted limited company that is registered under the Registrar of Companies (ROC), Delhi.
Credent's core activity is in the areas of logistics, cold chain management, warehousing and supply chain management with a strong emphasis on industries such as healthcare, e-commerce and business process outsourcing industry. The other activities of the company include those relating to transport support services, courier services and administrative support services.
Credent claims to be a B2B services company that provides an integrated solution consisting of logistics, technology and healthcare support services along with a dedicated distribution network.
Credent provides Business to Business (B2B) Healthcare logistics services that include transport of samples from collection point to laboratory and between healthcare institutions as well as to IVD companies for reagent movement from their C&F to labs.
The company runs a smart courier aggregation portal called C3 Post with pan-India pin-code coverage for bulk shipments.
Credent Connect N Care Promoter(s)
Ashok Kumar Sharma, Karan Sharma, Tarun Sharma, Dimple Sharma, Tanveen Sharma are the company's promoters of Credent Connect N Care.
Credent Connect N Care IPO Issue Objectives
- •
- Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to meet its working capital requirement - ₹26.80 Cr
- •
- Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to finance its capital expenditure requirements for machinery - ₹3.0 Cr
- •
- To meet Working Capital Requirements - ₹37.0 Cr
- •
- Repayment and/or repayment, in full or part, of borrowing availed by the Company - ₹6.0 Cr
- •
- General corporate purposes
Credent Connect N Care IPO - Anchor Investors
Credent Connect N Care Limited finalised its anchor investor allocation on August 12, 2026, raising ₹26.54 crore from 10 institutional investors at an anchor price of ₹189 per share.
The anchor book comprises 14,04,000 equity shares, with no participation from mutual funds, life insurance companies, or pension funds, as explicitly disclosed in the company's intimation letter. The allocation was led by Abakkus Venture Opportunities Fund and Mint Focused Growth Fund PCC – Cell 1, each receiving 18.85% of the anchor portion, followed by Hem Growth Opportunities Fund at 16.88%, Motilal Oswal Finvest Limited at 15.09%, and Meru Investment Fund PCC – Cell 1 at 11.32%. The remaining allocation was distributed among 360 ONE LVF Treasury Solutions Fund, LRSD Securities, Finavenue Capital Trust, Religo Commodities Ventures Trust, and Shine Star Build Cap, each at 3.80%.
Contact Information
Contact Details
Credent Connect N Care
+91-9971777199
B-3, Second Floor,/n Nimri Commercial Complex, Ashok Vihar, Phase-4, Delhi, New Delhi, 110052
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Credent Connect N Care IPO is a book-built IPO worth ₹93.9 crore. The price band is ₹179–₹189 per share. The IPO opens on Aug 13, 2026 and closes on Aug 17, 2026. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.
The price band of Credent Connect N Care IPO is ₹179 to ₹189 per share.
The lot size of Credent Connect N Care IPO is 600 shares.
The minimum investment for Credent Connect N Care IPO is approximately ₹2,26,800 based on the upper price band .
Credent Connect N Care IPO opens on Aug 13, 2026 and closes on Aug 17, 2026.
The allotment date of Credent Connect N Care IPO is Aug 18, 2026.
Credent Connect N Care IPO is expected to be listed on Aug 20, 2026, on NSE SME Platform.
No GMP quote could be verified as recorded before Credent Connect N Care IPO listed. A grey-market observation of ₹65 per share was recorded on 20 Aug 2026, 8:15 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹359.1. GMP is unofficial and does not forecast or guarantee the actual listing price.
Credent Connect N Care IPO valuation snapshot: P/E 18.68, EPS ₹10.12/-, P/B N/A, RoNW 42.13%, and market cap ₹344.41 Cr.
To apply for Credent Connect N Care IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Credent Connect N Care IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Credent Connect N Care IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Credent Connect N Care IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Credent Connect N Care IPO allotment status on IPO Ji for quick and easy access.