CREDENT CONNECT N CARE LIMITED IPO
CREDENT CONNECT N CARE LIMITED is a SME IPO with a current status of LISTED. The price band is ₹179 - 189. The issue opens on 13 AUG and closes on 17 AUG. The listing date is 20 AUG.
Price Band
₹179 - 189
Unofficial GMP
₹45
Lot Size
600 shares
Minimum Investment
₹₹2,26,800
CREDENT CONNECT N CARE LIMITED IPO GMP
The latest available GMP is ₹45. Grey Market Premium is unofficial, may change frequently and does not guarantee the listing price, listing gains or investment returns.
Estimated Listing Price
₹234.00
Estimated Gain
+23.8%
CREDENT CONNECT N CARE LIMITED IPO GMP History
₹0
10 AUG
₹35
11 AUG
₹50
12 AUG
₹75
13 AUG
₹65
14 AUG
₹55
15 AUG
45
17 AUG
CREDENT CONNECT N CARE LIMITED IPO Details
- IPO Type
- SME
- Status
- LISTED
- Price Band
- ₹179 - 189
- Issue Size
- ₹93.90 CR
- Issue Type
- Book-built issue
- Fresh Issue
- 49,68,000 SHARES
- Offer for Sale
- NIL
- Face Value
- ₹10
- Lot Size
- 600
- Minimum Investment
- ₹2,26,800
- Exchange
- NSE EMERGE
- Registrar
- KFIN TECHNOLOGIES LIMITED
- Lead Managers
- HEM SECURITIES LIMITED
- Market Maker
- HEM FINLEASE PRIVATE LIMITED
CREDENT CONNECT N CARE LIMITED IPO Dates
- Open Date
- 13 AUG
- Close Date
- 17 AUG
- Allotment Date
- 18 AUG
- Refund Date
- 19 AUG
- Demat Credit Date
- 19 AUG
- Listing Date
- 20 AUG
CREDENT CONNECT N CARE LIMITED IPO Subscription
- Total
- 12.14X
CREDENT CONNECT N CARE LIMITED IPO Financials
Revenue
FY2026
₹214.16 Cr
+174.78% vs FY2025
PAT
FY2026
₹18.45 Cr
+720.00% vs FY2025
Total Assets
FY2026
₹81.57 Cr
+176.51% vs FY2025
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | ₹75.73 CR | ₹77.94 CR | ₹214.16 CR |
| Net Profit | ₹2.66 CR | ₹2.25 CR | ₹18.45 CR |
| Total Assets | ₹26.41 CR | ₹29.50 CR | ₹81.57 CR |
CREDENT CONNECT N CARE LIMITED IPO Valuation
- Market Cap (Post IPO)
- ₹355.07 CR
- EPS
- ₹13.95
- Diluted EPS
- ₹13.95
- P/E Ratio
- 12.83X-13.55X
- Price to Book Value
- 5.40X-5.71X
- Book Value
- ₹33.12
- Debt / Equity
- 0.50X
- Valuation
- FAIR
CREDENT CONNECT N CARE LIMITED Peer Comparison
| Peer | Revenue | PAT | EPS | P/E | ROE | RONW | Debt / Equity |
|---|---|---|---|---|---|---|---|
| SNOWMAN LOGISTICS | ₹604.38 CR | ₹3.30 CR | -- | 189.00X | 0.82% | -- | 0.29X |
| TCI EXPRESS | ₹1,237.41 CR | ₹81.43 CR | -- | 26.24X | 10.29% | -- | 0.06X |
| DR. LAL PATHLABS | ₹2,762.91 CR | ₹509.75 CR | -- | 63.16X | 21.46% | -- | 0.08X |
CREDENT CONNECT N CARE LIMITED IPO Market Lot
| Category | Lots | Shares | Investment |
|---|---|---|---|
| Retail Minimum | 2 | 1200 | ₹2,26,800 |
| Retail Maximum | 2 | 1200 | ₹2,26,800 |
| Small HNI | 3 | 1800 | ₹3,40,200 |
| Big HNI | 9 | 5400 | ₹10,20,600 |
CREDENT CONNECT N CARE LIMITED IPO Reservation
- QIB
- UP TO 23,52,000 SHARES
- NII / HNI
- AT LEAST 7,08,000 SHARES
- Retail
- AT LEAST 16,56,000 SHARES
CREDENT CONNECT N CARE LIMITED Promoter Holding and Anchor Allocation
- Pre-IPO Promoter Holding
- 87.52%
- Post-IPO Promoter Holding
- 63.66%
- Anchor Allocation
- 14,04,000 SHARES
- Anchor Details
- 14,04,000 SHARES AT ₹189; ₹26.54 CRORE; 10 INVESTORS
CREDENT CONNECT N CARE LIMITED Company Overview
CREDENT CONNECT N CARE LIMITED, INCORPORATED ON 25 JUNE 2015, IS A NEW DELHI-BASED HEALTHCARE SERVICES AND LOGISTICS PLATFORM. IT SERVES DIAGNOSTIC LABS, IVD COMPANIES, PHARMA BUSINESSES, HOSPITALS AND CLINICS THROUGH HOME SAMPLE COLLECTION, PHLEBOTOMISTS, LAB STAFF, TIME- AND TEMPERATURE-SENSITIVE SAMPLE / PRODUCT MOVEMENT, SUPPLY-CHAIN SUPPORT, IT AND WELLNESS.
CREDENT CONNECT N CARE LIMITED Business Model
THE MODEL COMBINES HEALTHCARE WORKFORCE, COLLECTION, LOGISTICS, SUPPLY-CHAIN MANAGEMENT AND SOFTWARE. CLIENTS PAY UNDER CONTRACTS / SERVICE ORDERS LINKED TO STAFF DEPLOYMENT, ROUTES, COLLECTION VOLUME, TRIPS OR PROJECT SCOPE. LOGITRAK / C3 POST SUPPORT TRACKING, COURIER AGGREGATION, BULK SHIPPING, COD RECONCILIATION AND COLD-CHAIN OPERATIONS. C3 WELLNESS HANDLES CAMPS SUCH AS VACCINATION, ECG, PFT, X-RAY, EYE, DENTAL AND DOCTOR SERVICES.
CREDENT CONNECT N CARE LIMITED Objects of the Issue
₹26.80 CR SUBSIDIARY WC; ₹3 CR SUBSIDIARY MACHINERY; ₹37 CR COMPANY WC; ₹6 CR DEBT; BALANCE GCP
CREDENT CONNECT N CARE LIMITED Strengths
KEY STRENGTHS ARE AN INTEGRATED HEALTHCARE-LOGISTICS OFFERING; SCALE ACROSS 2,530 LABS; A DIVERSIFIED FY26 SERVICE MIX; 38 CUSTOMERS SERVED CONTINUOUSLY FOR THREE YEARS; SPECIALISED SAMPLE-HANDLING KNOW-HOW; TECHNOLOGY-ENABLED TRACKING; AND EXPERIENCED PROMOTERS.
CREDENT CONNECT N CARE LIMITED Risks
CUSTOMER CONCENTRATION TOP 10 CUSTOMERS 81.76% OF FY26 REVENUE; OPERATIONS / QUALITY SAMPLE DELAY, TEMPERATURE DEVIATION, CONTAMINATION; WORKING CAPITAL FY26 RECEIVABLES ABOUT ₹58.83 CR, OPERATING CASH FLOW -₹6.62 CR, DEBTOR DAYS 96; WORKFORCE 6,338 GROUP EMPLOYEES; ACQUISITIONS FY26 ADDED THREE WHOLLY OWNED SUBSIDIARIES; DEBT / SEASONALITY BORROWINGS ABOUT ₹23.01 CR AS OF 30 JUNE 2026; LEGAL / TAX GST DEMAND ₹62.11 LAKH.
CREDENT CONNECT N CARE LIMITED Frequently Asked Questions
What is the CREDENT CONNECT N CARE LIMITED IPO price band?
The CREDENT CONNECT N CARE LIMITED IPO price band is ₹179 - 189.
What is the latest CREDENT CONNECT N CARE LIMITED IPO GMP?
The latest available CREDENT CONNECT N CARE LIMITED IPO GMP in the IPOWEB database is ₹45. GMP is unofficial and does not guarantee a listing gain.
When does the CREDENT CONNECT N CARE LIMITED IPO open and close?
The CREDENT CONNECT N CARE LIMITED IPO opens on 13 AUG and closes on 17 AUG.
When is the CREDENT CONNECT N CARE LIMITED IPO allotment date?
The CREDENT CONNECT N CARE LIMITED IPO allotment date is 18 AUG.
When is the CREDENT CONNECT N CARE LIMITED IPO listing date?
The CREDENT CONNECT N CARE LIMITED IPO listing date is 20 AUG.
What is the CREDENT CONNECT N CARE LIMITED IPO subscription?
The latest total subscription available for the CREDENT CONNECT N CARE LIMITED IPO is 12.14X.