Credent Connect SME IPO Subscription
ListedUpdated 20 August 2026, 9:15 AM IST· NSE SME
Credent Connect SME IPO subscription closed on 17 August 2026 at 153.21x overall by shares. QIB demand came in at 130.40x, NII at 217.33x, and retail at 138.86x. See Retail, SHNI, and BHNI allotment chances in the table…
Credent Connect SME IPO subscription closed on 17 August 2026 at 153.21x overall by shares. QIB demand came in at 130.40x, NII at 217.33x, and retail at 138.86x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 18 August 2026. Listing date on NSE and BSE is 20 August 2026.
Credent Connect SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 13 Aug 2026 | 1.00x | 1.59x | 3.11x | 2.18x |
| Day 2 - 14 Aug 2026 | 6.45x | 9.73x | 16.43x | 12.14x |
| Day 3 - 17 Aug 2026 | 130.40x | 216.97x | 138.86x | 153.13x |
Credent Connect SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Credent Connect SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 138.86x | 1 in 139 |
| SHNI (Rs 2L to Rs 10L) | 127.87x | 1 in 128 |
| BHNI (above Rs 10L) | 82.64x | 1 in 83 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Credent Connect SME IPO Allotment Status page from 18 August 2026 for your result.
Credent Connect SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 189.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 17.92 Cr | Rs 2,336.33 Cr | 130.40x |
| FII | - | Rs 349.12 Cr | - |
| DFI | - | Rs 336.74 Cr | - |
| Mutual Funds | - | Rs 51.43 Cr | - |
| Other | - | Rs 1,599.04 Cr | - |
| NII | Rs 13.38 Cr | Rs 2,908.09 Cr | 217.33x |
| bNII (above Rs 10L) | Rs 8.92 Cr | Rs 2,284.72 Cr | 256.11x |
| Corporate | - | Rs 41.82 Cr | - |
| Individual | - | Rs 2,196.84 Cr | - |
| Other | - | Rs 46.05 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 4.46 Cr | Rs 623.37 Cr | 139.76x |
| Corporate | - | Rs 6.07 Cr | - |
| Individual | - | Rs 604.88 Cr | - |
| Other | - | Rs 12.43 Cr | - |
| IND | Rs 31.30 Cr | Rs 4,346.10 Cr | 138.86x |
| Total | Rs 62.60 Cr | Rs 9,590.52 Cr | 153.21x |
Credent Connect SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 1,580 | 194 | 0.12x |
| FII | - | 20 | - |
| DFI | - | 76 | - |
| Mutual Funds | - | 7 | - |
| Other | - | 91 | - |
| NII | 393 | 38,402 | 97.72x |
| bNII (above Rs 10L) | 262 | 21,651 | 82.64x |
| Corporate | - | 330 | - |
| Individual | - | 20,873 | - |
| Other | - | 448 | - |
| sNII (Rs 2L to Rs 10L) | 131 | 16,751 | 127.87x |
| Corporate | - | 169 | - |
| Individual | - | 16,234 | - |
| Other | - | 348 | - |
| IND | 1,380 | 1,91,627 | 138.86x |
| Total | 3,353 | 2,30,223 | 68.66x |
What Do These Subscription Numbers Mean?
153.21x overall by shares means bids covered about 153 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 130.40x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (97.72x by applications). Split: SHNI 127.87x, BHNI 82.64x by applications. SHNI and BHNI allotment is by lottery.
At 138.86x subscription by applications, about 1 in 139 retail applicants may get allotment (~1% chance per application). Retail allotment is also by lottery.
Credent Connect SME IPO GMP After Subscription
GMP for Credent Connect SME stands at Rs 92.00 today, giving an estimated listing price of Rs 281.00 per share.
A subscription of 153.21x combined with a GMP of 48.68% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Credent Connect SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Credent Connect SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 13 August 2026 |
| IPO Close Date | 17 August 2026 |
| Allotment Date | 18 August 2026 |
| Refund Initiation | 19 August 2026 |
| Share Credit to Demat | 19 August 2026 |
| Listing Date | 20 August 2026 |
| Minimum Investment | Rs 2,26,800.00 |
| Lot Size | 600 shares |
About Credent Connect SME
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, distribution, and cold chain services across India. The company specializes in business-to-business (B2B) healthcare logistics, transporting temperature-sensitive diagnostic samples from collection centers to laboratories and delivering in-vitro diagnostic (IVD) reagents. Additionally, it offers warehousing, phlebotomy staffing, and operates 'C3 Post', a technology-enabled courier aggregation platform.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Credent Connect SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Credent Connect SME Details
Issue size, price, financials, and company info
Credent Connect SME GMP
Live grey market premium and listing estimate
Credent Connect SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Credent Connect SME Allotment
Allotment date, chances, and check by PAN
Credent Connect SME Review
SWOT, strengths, risks, and IPO review
Credent Connect SME FAQ
Common questions on dates, GMP, and allotment
Credent Connect SME Registrar
Registrar website and how to check allotment
Credent Connect SME Timeline
Open, close, allotment, and listing dates
Credent Connect SME News
Updates, blogs, and latest IPO news
Credent Connect SME IPO Subscription FAQs
What is Credent Connect SME IPO subscription status today?
Credent Connect SME IPO subscription closed on 17 August 2026 with overall subscription of 153.21x (by shares) as of 9 September 2026, 6:47 PM IST. QIB 130.40x, NII 97.72x, IND 138.86x.
What is the overall subscription of Credent Connect SME IPO?
Credent Connect SME IPO is subscribed 153.21x overall by shares at close on 17 August 2026. QIB 130.40x, NII 97.72x, and IND 138.86x.
What is Credent Connect SME IPO QIB subscription?
Credent Connect SME IPO QIB (Qualified Institutional Buyers) subscription is 130.40x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Credent Connect SME IPO IND subscription?
Credent Connect SME IPO IND subscription is 138.86x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Credent Connect SME IPO NII, SHNI, and BHNI subscription?
Credent Connect SME IPO NII subscription is 97.72x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 127.87x and BHNI (above Rs 10L) at 82.64x.
What are Credent Connect SME IPO retail allotment chances?
At 138.86x subscription by applications, about 1 in 139 retail applicants may get allotment (~1% chance per application). Allotment is by lottery.
What are Credent Connect SME IPO SHNI allotment chances?
At 127.87x subscription by applications, about 1 in 128 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 139.76x. Allotment chances use applications, not share volume.
What are Credent Connect SME IPO BHNI allotment chances?
At 82.64x subscription by applications, about 1 in 83 BHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 256.11x. Allotment chances use applications, not share volume.
When is Credent Connect SME IPO allotment date?
Credent Connect SME IPO allotment date is 18 August 2026. Check Credent Connect SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Credent Connect SME IPO subscription close?
Credent Connect SME IPO subscription closed on 17 August 2026. No new applications are accepted after the close.
What is Credent Connect SME IPO GMP today?
Credent Connect SME IPO GMP is ₹92 today (+48.68% over issue price ₹189). See live GMP on the Credent Connect SME IPO GMP Today page.
What is Credent Connect SME IPO issue price and lot size?
Credent Connect SME IPO issue price is ₹189 per share. Lot size is 600 shares. Minimum investment is ₹2,26,800 per lot (minimum 2 lots for SME). Issue size: ₹93.90 Cr.
When is Credent Connect SME IPO listing date?
Credent Connect SME IPO listing date is 20 August 2026 on NSE and BSE. Allotment is on 18 August 2026.
How does subscription affect Credent Connect SME IPO allotment?
In Credent Connect SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 153.21x overall, competition is very high.
For allotment results from 18 August 2026, visit the Credent Connect SME IPO Allotment Status page. For listing day updates on 20 August 2026, download the IPOwiz App.
Sources
We match Credent Connect SME 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
- IPO RegistrarRegistrar details are on the allotment page 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 subscription data before it goes live.