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Credent Connect N Care Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹189
₹189
GMP (Grey Market)
+₹50
+26.46%
Est. Listing Price
₹239
Based on GMP
Min. Investment
₹113,400
1 lot × 600 shares
Subscribed
107.07x
Over-subscribed
IPO Details
Open Date
13 Aug 2026
Close Date
17 Aug 2026
Allotment
18 Aug 2026
Listing Date
20 Aug 2026
Exchange
NSE SME
Price Band
₹189
Listing Price
See chart
Allotment Status
Price Band
₹189
Per share
Face Value
₹10 per share
 
Lot Size
600 Shares
per lot
Issue Size
49,68,000 shares (agg. up to ₹94 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹113,400
1 lot
Pre-IPO Holding
1,32,54,900 shares
Promoters
Post-IPO Holding
1,82,22,900 shares
Promoters
P/E (Pre)
13.58x
 
P/E (Post)
18.68x
 
EPS (Pre)
₹13.92
 
EPS (Post)
₹10.12
 
UPI Deadline
5:00 PM on 17 Aug 2026
Mandate
GMP
+₹50
+26.46% est.
Anchor AllotmentWed, 12 Aug 2026
Basis of AllotmentTue, 18 Aug 2026
Refund InitiationWed, 19 Aug 2026
Demat CreditWed, 19 Aug 2026
Listing DayThu, 20 Aug 2026
UPI Mandate Deadline5:00 PM on 17 Aug 2026
Sale TypeFresh capital only
Net Offer to Public47,16,000 shares (agg. up to ₹89 Cr)
Market Maker Quota2,52,000 shares (agg. up to ₹5 Cr)
Fresh Issue Shares47,16,000 shares (agg. up to ₹89 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Credent Connect N Care Ltd IPO subscribed 107.07 times overall. Retail: 136.72x. QIB: 53.05x. NII: 217.17x. By 17 Aug 2026.
QIB
53.05x
Over
NII/HNI
217.17x
Over
Retail
136.72x
Over
Total
107.07x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
252,000
— ₹4.76
QIB
Over 53.05x
2,352,000
— ₹44.45
NII / HNI
Over 217.17x
708,000
— ₹13.38
Retail
Over 136.72x
1,656,000
— ₹31.30
Total 107.07x
4,716,000
100% ₹89.13
IPO Shares Offered
Credent Connect N Care Ltd IPO total issue size: ₹89.13 Cr. Retail: ₹31.30 Cr. QIB: ₹44.45 Cr. NII: ₹13.38 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 2,352,000 ₹44.45
49.87%
Market Maker 252,000 ₹4.76
5.34%
NII 708,000 ₹13.38
15.01%
Retail 1,656,000 ₹31.30
35.11%
Total 4,716,000 ₹89.13
100.00%
* Based on upper price band ₹189 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) — — — — — 708,000 1,656,000 2,364,000
Allotment price (₹) 189 189 189 189 189 189 189 189
No. of applications — — — — — — — —
No. of shares applied — — — — — — — —
Amount collected (₹Cr) — — — — — — ₹31.30 ₹31.30
Times subscribed 53.05x — — — — 217.17x 136.72x 107.07x
Shares allotted — — — — — 708,000 1,656,000 2,364,000
No. of allottees — — — — — — — —
* Upper price band ₹189 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
600
Shares per Lot
Issue Price
₹189.00
Upper Band
Min Investment
₹113,400
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)21,200₹226,800
Retail (Max — 13 Lots)137,800₹1,474,200
S-HNI (Min — 14 Lots)148,400₹1,587,600
B-HNI (Min — 68 Lots)6840,800₹7,711,200
* Issue Price ₹189 × Lot Size 600 shares
IPO Schedule
Anchor
12 Aug 2026
✓ Done
IPO Open
13 Aug 2026
✓ Done
IPO Close
17 Aug 2026
✓ Done
Allotment
18 Aug 2026
✓ Done
Refunds
19 Aug 2026
✓ Done
Demat Credit
19 Aug 2026
✓ Done
Listing Day
20 Aug 2026
✓ Done
Credent Connect N Care Ltd — Live Price LIVE
₹189.00
INR · NSE
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Issue ₹189.00 GMP: +₹50 Live Price
About Credent Connect N Care Ltd
Incorporated in June 2015 as Credent Cold Chain Logistics Private Limited. Credent Connect N Care Limited is an integrated healthcare services and logistics provider offering technology-enabled operational, workforce and supply chain solutions to healthcare institutions across India. The company primarily operates on a B2B model, serving diagnostic laboratories, IVD companies, pharmaceutical companies, hospitals, clinics and other healthcare enterprisesThe company offers a comprehensive portfolio of healthcare services, including home sample collection through trained phlebotomists, stationed phlebotomy and laboratory manpower services, diagnostic and paramedical services, healthcare logistics, operations and supply chain management, corporate wellness programs and technology-enabled courier aggregation through its C3 Post platform. Its logistics solutions support the movement of diagnostic samples, medical supplies, reagents and other healthcare consignments through temperature-controlled and time-sensitive transportation, including cold-chain logistics.Credent Connect N Care operates through a pan-India network, supported by warehouses, branch offices, commercial vehicles, field personnel and technology platforms for tracking, workforce management and operational coordination. The company also operates its corporate wellness vertical under the “C3 Wellness” brand, providing health camps, vaccination programs, preventive health check-ups, radiology and diagnostic services, and on-ground healthcare manpower.As of March 31, 2026, the Company had a workforce of 6,338 employees, comprising 4,052 payroll and 2,286 contractual employees across various functions.The company has expanded its capabilities through strategic acquisitions, including Credent Healthcare Private Limited, Credent Team Private Limited and Alltrak Technologies Private Limited. Its operations are supported by ISO 9001:2015 and ISO 15189:2022 certifications, while its experienced promoter-led management team brings expertise in healthcare logistics and operations.Key StrengthsIntegrated healthcare logistics, workforce and diagnostic support platform.Pan-India operational reach serving diverse healthcare institutions.End-to-end healthcare logistics with cold-chain and time-sensitive transportation.Technology-enabled operations through platforms such as C3 Post and C3 HRMS.Diversified service portfolio spanning logistics, diagnostics, manpower and corporate wellness.Strategic acquisitions strengthening healthcare and logistics capabilities.Experienced promoter and management team with industry expertise.
Objects of the Issue
1
Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to meet its working capital requirement
2
Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to finance its capital expenditure requirements for machinery
3
To meet Working Capital Requirements
4
Repayment and/or repayment, in full or part, of borrowing availed by the Company
5
General corporate purposes
Credent Connect N Care Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
N/A
FY 2022-23
₹76.0
31 Mar 2024
₹78.2
31 Mar 2025
Profit After Tax (PAT)
N/A
FY 2022-23
₹2.7
31 Mar 2024
₹2.3
31 Mar 2025
Particulars31 Mar 202531 Mar 2024FY 2022-23
Revenue from Operations 78.23 76.02 N/A
EBITDA 4.99 4.30 N/A
Profit After Tax (PAT) 2.25 2.66 N/A
Net Worth 15.90 13.66 N/A
Total Assets 29.50 26.41 N/A
Reserves & Surplus 15.70 13.46 N/A
Borrowings 7.42 6.85 N/A
EBITDA Margin (%) 13.29 — —
PAT Margin (%) 8.61 — —
P/BV Ratio
5.71
RoE
61.81
RoCE
40.00
RoNW
42.13
PAT Margin
8.61
EBITDA Margin
13.29
Debt/Equity
0.50
Issue Structure & Shareholding
Total Shares Offered49,68,000
Net Offer to Public47,16,000 shares (agg. up to ₹89 Cr)
Reserved for Market Maker2,52,000 shares (agg. up to ₹5 Cr)
Pre-Issue Promoter Holding1,32,54,900 shares
Post-Issue Promoter Holding1,82,22,900 shares
P/BV Ratio5.71
RoE61.81
RoCE40.00
Debt / Equity0.50
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Hem Securities Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Credent Connect N Care Ltd IPO subscribed? ▲

Credent Connect N Care Ltd IPO is subscribed 107.07 times by Aug 17, 2026. Retail: 136.72x. QIB: 53.05x. NII: 217.17x.

Investor CategorySubscription
Qualified Institutional (QIB)53.05x
Non Institutional (NII/HNI)217.17x
Retail Individual136.72x
Total Subscription107.07x
What is Credent Connect N Care Ltd IPO retail subscription status? ▼

The Credent Connect N Care Ltd IPO retail category is subscribed 136.72 times as of 17 Aug 2026. The retail portion is oversubscribed.

How to subscribe Credent Connect N Care Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 13 Aug 2026 and closes 17 Aug 2026. Min investment: ₹113,400 (1 lot = 600 shares). UPI mandate: 5:00 PM on 17 Aug 2026.

How many times Credent Connect N Care Ltd IPO subscribed? ▼

The Credent Connect N Care Ltd IPO subscribed 107.07x overall. QIB: 53.05x, NII: 217.17x, Retail: 136.72x. Applications: from NSE/BSE.

How to check Credent Connect N Care Ltd IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 18 Aug 2026. Refunds: on 19 Aug 2026.

When Credent Connect N Care Ltd IPO will be listed? ▼

The Credent Connect N Care Ltd IPO listing date is 20 Aug 2026, Thursday. Listed on: NSE SME. Issue price: ₹189. Estimated listing: ₹239. GMP: +₹50.

When Credent Connect N Care Ltd IPO close? ▼

The Credent Connect N Care Ltd IPO closes on 17 Aug 2026, Monday. UPI mandate: 5:00 PM on 17 Aug 2026. Allotment: 18 Aug 2026. Listing: 20 Aug 2026.