Credent Connect

Credent Connect SME IPO

Listed

NSE SMEOpens 13 August 2026Closes 17 August 2026

Credent Connect N Care Limited (formerly known as Credent Cold Chain Logistics Private Limited, incorporated in 2015) operates in the transportation and logistics industry, providing specialized supply chain,…

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Live GMPSubscriptionAllotment
Price band
₹179 - ₹189
Issue size
₹93.90 Cr
Lot size
600 shares
Type
NSE SME
GMP
₹92 (+48.7%)
Est. listing
₹281
Est. profit / app
₹1,10,400
Retail quota
33.33%

Key ratios

As per RHP / filings
Face value
₹10
EPS
13.95
P/E ratio
13.58
RoNW
42.13%
ROE
40%
Debt / Equity
0.5
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Timeline

  1. IPO Opens

    13 Aug 2026

  2. IPO Closes

    17 Aug 2026

  3. Allotment

    18 Aug 2026

  4. Listing

    20 Aug 2026

IPO Timeline & Listing Details

EventDate
IPO Open Date13 August 2026
IPO Close Date17 August 2026
Allotment Date18 August 2026
Listing Date20 August 2026

Investment Categories

CategoryLotsAmount
Individual
2₹2,26,800
SHNI (Min)
3₹3,40,200
SHNI (Max)
8₹9,07,200
BHNIAbove ₹10,00,000
9₹10,20,600

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)47.34%
NII (Non-Institutional Investor)14.25%
Retail33.33%
Market Maker5.07%
Total100.00%

IPO 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 (₹3.00 Cr).
  • To meet Working Capital Requirements (₹37.00 Cr).
  • Repayment and/or prepayment, in full or part, of borrowing availed by the Company (₹6.00 Cr).
  • General corporate purposes.

Strengths

  • Comprehensive healthcare ecosystem and cold chain logistics platform.
  • Long-standing relationships with leading B2B healthcare, e-commerce, and diagnostic clients.
  • Experienced leadership team and professional management with domain expertise.
  • Extensive nationwide operational network with integrated technology solutions like C3 Post.

Weaknesses

  • High customer concentration risk, with top 10 customers accounting for 81.76% of FY2026 revenue.
  • Heavy reliance on diagnostic and healthcare companies; any drop in testing volumes or outsourcing can impact revenue.
  • Risk of loss, damage, or temperature deviation in transit during the collection and transport of sensitive biological specimens.
  • High working capital requirements with significant trade receivables (₹58.83 Cr in FY26).
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Financial Performance

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets (₹ Cr.)81.5729.526.41
Revenue (₹ Cr.)214.1678.2376.02
PAT (₹ Cr.)18.452.252.66
Net Worth (₹ Cr.)43.7915.913.66

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB1x6.45x130.4x
NII1.59x9.73x216.97x
S-HNI1.9x12.99x139.76x
B-HNI1.44x8.1x255.58x
RII3.11x16.43x138.86x
Total2.18x12.14x153.13x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB9,48,00012,36,15,6002,336.33
NII7,08,00015,36,15,0002,903.32
Small NII2,36,0003,29,82,600623.37
Big NII4,72,00012,06,32,4002,279.95
RII16,56,00022,99,47,6004,346.01
Total33,12,00050,71,78,2009,585.67
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Company Details

  • Credent Connect N Care Limited
  • B-3, Second Floor, Nimri Commercial Complex, Ashok Vihar, Phase-4, New Delhi – 110052, Delhi, India
  • +91 99717 77199
  • cs@c3logistics.co.in
  • https://c3logistics.co.in/

Registrar Details

Frequently Asked Questions

What does Credent Connect N Care Limited do?
Credent Connect N Care Limited provides specialized B2B logistics, cold chain sample transportation, courier aggregation (C3 Post), warehousing, and supply chain management for diagnostic laboratories, healthcare institutions, and corporate clients.
What are the IPO dates for Credent Connect SME IPO?
The Credent Connect SME IPO opens for public subscription on August 13, 2026, and closes on August 17, 2026.
What is the price band and minimum investment for Credent Connect IPO?
The price band is fixed at ₹179 to ₹189 per equity share. Retail investors can apply for a minimum of 2 lots (1,200 shares), requiring an investment of ₹2,26,800 at the upper price band.
What is the issue size of Credent Connect IPO?
The total issue size is ₹93.90 Crores (49,68,000 equity shares), consisting entirely of a Fresh Issue.
What is the Credent Connect IPO listing date?
The equity shares of Credent Connect N Care Limited are tentatively scheduled to list on the NSE SME (EMERGE) platform on August 20, 2026.

Credent Connect SME IPO News & Updates

Follow the latest updates for Credent Connect SME IPO, including grey market moves and allotment news.

Credent Connect SME IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Credent Connect SME IPO Details

Issue size, price, financials, and company info

Credent Connect SME IPO GMP

Live grey market premium and listing estimate

Credent Connect SME IPO Subscription

QIB, NII, Retail, SHNI and BHNI subscription

Credent Connect SME IPO Allotment

Allotment date, chances, and check by PAN

Credent Connect SME IPO Review

SWOT, strengths, risks, and IPO review

Credent Connect SME IPO FAQ

Common questions on dates, GMP, and allotment

Credent Connect SME IPO Registrar

Registrar website and how to check allotment

Credent Connect SME IPO Timeline

Open, close, allotment, and listing dates

Credent Connect SME IPO News

Updates, blogs, and latest IPO news

Sources

We match Credent Connect SME IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • KFin Technologies LimitedOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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