Credent Connect N Care Limited
Bookbuilding IPO · NSE
- Price band
- ₹179 - ₹189
- Lot size
- 600 shares
- Issue amount
- ₹93.89 cr
- Total subscription
- 153.21×
- Opens
- 13 Aug 2026
- Closes
- 17 Aug 2026
- Allotment
- 18 Aug 2026
- Listing
- 20 Aug 2026
Offer at a glance
Issue overview
- Issue size
- 49,68,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,07,400
- Fresh issue
- ₹93.89 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,13,400
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,32,54,900
- Shares after issue
- 1,82,22,900
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 1,200 | ₹2,26,800 |
| sHNI | 3 | 1,800 | ₹3,40,200 |
| bHNI | 9 | 5,400 | ₹10,20,600 |
Share reservation
Subscription & GMP
Subscription by category
Reported 17 Aug 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 194 |
| NIB | 0 | 38,402 |
| RETAIL | 1,380 | 1,91,627 |
| HNIs(10L +) | 262 | 21,651 |
| HNIs (2-10L) | 131 | 16,751 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 17.92 | 2,336.33 |
| FIIs | 0 | 349.12 |
| FIs | 0 | 336.74 |
| Mutual Funds | 0 | 51.43 |
| Others | 0 | 1,599.04 |
| RETAIL | 31.3 | 4,346.1 |
| HNIs 2+ | 4.46 | 623.37 |
| HNIs 10+ | 8.92 | 2,284.72 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-23 |
|---|---|---|---|
| EPS | 13.95 | 2.2 | 2.61 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 42.13 | 14.13 | 19.51 |
| PRE IPO(PE) | 13.58 | 0 | 0 |
| POST IPO(PE) | 18.68 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2015, Credent Connect N Care Limited is a New Delhi-based transport and logistics company operating as an unlisted public limited company registered with the ROC Delhi. The company mainly focuses on logistics, cold chain solutions, warehousing, and supply chain services, especially for sectors like healthcare, e-commerce, and business support. It works as a B2B service provider, offering integrated solutions that combine logistics, technology, and healthcare support, including specialized delivery networks. The company also provides healthcare logistics services such as transporting diagnostic samples between collection centers and laboratories, along with handling reagent movement for IVD companies. In addition, it operates a courier aggregation platform called C3 Post, which offers pan-India delivery coverage for bulk shipments.
Strengths
- Comprehensive Healthcare & Logistics Platform: The company provides integrated healthcare services including cold chain logistics, home sample collection, healthcare supply chain management, workforce solutions, and technology-enabled services.
- Strong Client Relationships: The company has established long-term relationships with leading diagnostic chains, hospitals, and pharmaceutical companies, supporting repeat business and market growth.
- Experienced Promoters & Management: The company is led by experienced promoters and directors with strong expertise in healthcare operations and logistics, supporting its expansion across India.
Risk factors
- Customer Concentration Risk: A significant portion of revenue comes from the top 10 customers without long-term contracts. Losing major customers could impact revenue and financial performance.
- Dependence on Healthcare & Diagnostics Sector: The company's business depends heavily on diagnostic laboratories and healthcare providers. Lower testing volumes or reduced outsourcing demand could affect business performance.
- Diagnostic Sample Transportation Risk: The company transports medical samples that require timely delivery and proper temperature control. Any delay, damage, or contamination could lead to customer claims, financial losses, and reputational damage.
Promoters
Ashok Kumar Sharma
Karan Sharma
Tarun Sharma
Dimple Sharma
Tanveen
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Credent Connect N Care Ltd. B-3, Second Floor, Nimri Commercial Complex, Ashok Vihar, Phase-4, Delhi, New Delhi, 110052
+91-9971777199
[email protected]Company website ↗Understanding CREDENT IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.