Credent Connect N Care
· SME · NSE
Price Band
₹179–189
Lot Size
600 shares
Issue Size
₹94 Cr
Min. Investment
₹2,26,800
Grey Market Premium
Last unofficial quote before listing
Cap price plus current GMP: ₹281 — arithmetic, not a forecast
Subscription Status
Category-wise subscription figures aren't available for this issue.
Credent Connect N CareIPO: Overview & Key Facts
Credent Connect N Care IPO is an SME issue that listed on NSE on 20 August 2026. The price band is ₹179–₹189 per equity share, with a market lot of 600 shares. The total issue size is ₹94 Cr. At the upper price band, the minimum application for an individual investor is 2 lots (1,200 shares), amounting to ₹2,26,800 — SME issues require individual investors to bid for at least two lots.
Credent Connect N Care IPO GMP & Listing
The last grey market premium (GMP) reported for Credent Connect N Care IPO before listing was ₹92, about 48.68% over the upper price band of ₹189, and informal quotes had risen over the sessions we recorded. The shares opened at ₹359.1 on listing day, 90% above the issue price of ₹189. GMP is an unofficial, unregulated indicator quoted by off-market dealers; it moves with supply and demand and is not a guaranteed listing price. For how often it has been right, read our research on IPO GMP accuracy.
Credent Connect N Care IPO Allotment & Listing
The registrar for this issue is KFin Technologies Ltd.; the basis of allotment was finalised on 18 August 2026 and the shares listed on 20 August 2026. You can check your allotment status on our IPO Allotment Checker using your PAN or application number.
Listing Performance
Issue Price
₹189
Listed At
₹359.1
Current Price
₹377.05
Issue Objectives
- 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
- Issue Expenses
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 23,52,000 | 49.87% |
| − Anchor Investor | 14,04,000 | 0% |
| − QIB (Ex. Anchor) | 9,48,000 | 0% |
| NII (HNI) | 7,08,000 | 15.01% |
| − bNII > ₹10L | 4,70,400 | 0% |
| − sNII < ₹10L | 2,37,600 | 0% |
| Retail | 16,56,000 | 35.11% |
| Market Maker | 2,52,000 | 0% |
- QIB49.9%
- − Anchor Investor0.0%
- − QIB (Ex. Anchor)0.0%
- NII (HNI)15.0%
- − bNII > ₹10L0.0%
- − sNII < ₹10L0.0%
- Retail35.1%
- Market Maker0.0%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 1200 | ₹2,26,800 |
| Individual investors (IND) (Max) | 2 | 1200 | ₹2,26,800 |
| S-HNI (Min) | 3 | 1800 | ₹3,40,200 |
| S-HNI (Max) | 8 | 4800 | ₹9,07,200 |
| B-HNI (Min) | 9 | 5400 | ₹10,20,600 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
13.92
EPS (Post IPO)
10.12
ROE
42.13%
P/E (Pre IPO)
13.58
P/E (Post IPO)
18.68
Market Cap
₹250.52 Cr.
Contact Details
Credent Connect N Care Ltd. Address
- +91-9971777199
- cs@c3logistics.co.in
- https://c3logistics.co.in/
Registrar Contact Details
KFin Technologies Ltd.
- +91 40 6716 2222
- einward.ris@kfintech.com
- https://kfintech.com
- Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Hyderabad – 500032
Frequently Asked Questions
Key Dates
- Open Date
- 13 Aug 2026
- Close Date
- 17 Aug 2026
- Basis of Allotment
- 18 Aug 2026
- Listing Date
- 20 Aug 2026
Issue Details
- Registrar
- KFin Technologies
- Exchange
- NSE