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Credent Connect N Care Ltd IPO

Listed SME NSE SME Bookbuilding IPO
Min Investment
₹2,26,800
600 shares · 1 lot

Credent Connect N Care Ltd IPO was priced at ₹179–₹189 per share with an issue size of ₹94 crore. The IPO opened on Aug 13, 2026 and closed on Aug 17, 2026, with a lot size of 600 shares and a minimum investment of ₹2,26,800.

Open
13 Aug
Close
17 Aug
Allotment
18 Aug
Refund
19 Aug
Listing
20 Aug

Market Sentiment

Grey Market Premium

Full history →
+₹53.00 +28.0%
Est. listing: ₹242
Updated 19 Aug 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

Live Subscription

All IPOs →
2.04x
Total subscription · 4,613 applications
QIB 1.00x
NII (HNI) 1.17x
bNII (> ₹10L) 0.94x
sNII (₹2L - ₹10L) 1.91x
Retail 3.15x
Updated 13 Aug 2026, 9:05 PM

IPO Details

Price Band ₹179.00 - ₹189.00 per share
Lot Size600 shares
Min Investment₹2,26,800
Total Issue Size ₹94.00 crore
Shares Offered49,68,000
Issue Structure Fresh Issue
Issue TypeBookbuilding IPO
Lead Manager(s)Hem Securities Ltd.
RegistrarKfin Technologies Ltd.
Listing AtNSE SME

Quick Profit Calculator

Issue price ₹189 · lot size 600 shares · estimated listing price ₹242 (GMP +₹53)

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 600 ₹1,13,400 ₹1,45,200 +₹31,800
S-HNI (Min) 2 1,200 ₹2,26,800 ₹2,90,400 +₹63,600
S-HNI (UPI limit) 4 2,400 ₹4,53,600 ₹5,80,800 +₹1,27,200
S-HNI (Max) 8 4,800 ₹9,07,200 ₹11,61,600 +₹2,54,400
B-HNI (Min) 9 5,400 ₹10,20,600 ₹13,06,800 +₹2,86,200
Estimated from the grey market premium, an informal and unregulated figure that moves sharply and frequently differs from the eventual listing price. Not a forecast. Assumes full allotment, which is rarely guaranteed when an issue is oversubscribed.

Financial Analysis

EPS
₹1.69
P/E (Post)
153.66 x
RoNW
32.36%
RoCE
24.22%
Net Worth
₹15.90 Cr
MetricLatest Reported
Total Income₹78.23 Cr
Profit After Tax₹2.25 Cr
Net Worth₹15.90 Cr

Promoters & Holding

Promoters: Ashok Kumar Sharma, Karan Sharma, Tarun Sharma, Dimple Sharma, Tanveen

Promoter Holding (Pre-Issue)87.64%
Promoter Holding (Post-Issue)63.75%

Strengths & Risks

Strengths

  • Comprehensive Healthcare Ecosystem and Logistics Platform
  • Well established relationships with clients
  • Leveraging the experience of our Promoters and Directors
  • Widespread reach in domestic markets

Risks & Concerns

  • Dependence on a limited number of customers
  • Competition from other logistics companies
  • Regulatory changes affecting the logistics industry
  • Economic downturns impacting demand for logistics services
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

Credent Connect N Care Limited is a transport and logistics company primarily engaged in logistics, cold chain solutions, warehousing, and supply chain services, focusing on healthcare, e-commerce, and business support services.

Founded2015
HeadquartersNew Delhi, India
IndustryLogistics
Websitehttps://www.chittorgarh.com/ipo/credent-connect-ipo/2991/#

Objects of the Issue

  • Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to meet its working capital requirement
  • Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to finance its capital expenditure requirements for machinery
  • To meet Working Capital Requirements
  • Repayment and/or repayment, in full or part, of borrowing availed by the Company
  • General corporate purposes

Registrar & Allotment

RegistrarKfin Technologies Ltd.
Phone040-79615565
Email[email protected]

Resources & Documents

Frequently Asked Questions

11 answers about Credent Connect N Care Ltd IPO — dates, pricing, allotment and listing.

Credent Connect N Care Ltd IPO is a bookbuilding ipo of ₹94 crore. The issue was priced at ₹179–₹189 per share, with a lot size of 600 shares. Bidding ran from Thu, 13 Aug 2026 to Mon, 17 Aug 2026, with shares listed on NSE SME.

The price band was ₹179–₹189 per share.

One lot was 600 shares. Bids had to be placed in multiples of 600.

A retail investor needed at least ₹2,26,800 – one lot of 600 shares at ₹189, the upper end of the price band.

Credent Connect N Care Ltd IPO opened on Thu, 13 Aug 2026 and closed on Mon, 17 Aug 2026.

Allotment was finalised on Tue, 18 Aug 2026.

Credent Connect N Care Ltd shares were listed on Thu, 20 Aug 2026 on NSE SME.

The company intended to use the net proceeds towards investment in the wholly owned subsidiary, credent healthcare private limited to meet its working capital requirement, investment in the wholly owned subsidiary, credent healthcare private limited to finance its capital expenditure requirements for machinery, to meet working capital requirements, repayment and/or repayment, in full or part, of borrowing availed by the company and general corporate purposes.

Hem Securities Ltd. is the book running lead manager. Kfin Technologies Ltd is the registrar to the issue.

Category-wise demand from retail, NII and QIB bidders is on the Credent Connect N Care Ltd IPO subscription page, and on the BSE and NSE websites.

From Tue, 18 Aug 2026, check the Credent Connect N Care Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.