· SME · NSE
Price Band
₹179–189
Lot Size
600 shares
Issue Size
₹94 Cr
Min. Investment
₹1,13,400
Indicative, updates through the day
Cap price plus current GMP: ₹261 — arithmetic, not a forecast
Subscription data will appear once bidding opens.
Credent Connect N Care IPO is an SME issue open for subscription until 17 August 2026, listing on NSE. The issue is priced at ₹179–₹189 per share with a lot size of 600 shares, and its total size is ₹94 Cr. At the upper band the minimum retail application is one lot, about ₹1,13,400.
The latest grey market premium for Credent Connect N Care is ₹72, about 38.1% over the upper price band of ₹189. On a simple band-plus-GMP basis that points to a listing near ₹261, and the premium has risen over recent days. GMP is an unofficial, dealer-quoted number on a thin market — it moves through the day and is not a promise of the listing price. It is best read as a live sentiment gauge, not a forecast. We explain the number in full in our guide to IPO GMP, and you can compare it against today’s IPO GMP for every live issue.
The minimum investment is one lot of 600 shares (about ₹1,13,400 at the upper band). Allotment is handled by KFin Technologies Ltd., with the basis of allotment expected on 18 August 2026 and listing on 20 August 2026. You can later checkallotment status on the registrar’s website using your PAN or application number; if you are not allotted, the funds blocked under ASBA are released rather than debited. The full process is in our guide to IPO allotment.
Figures update through the day and are drawn from exchange and registrar data. Nothing here is investment advice; grey market premium is an unofficial indicator and we are not SEBI-registered analysts.
Incorporated in June 2015 as Credent Cold Chain Logistics Private Limited. Credent Connect N Care Limited is an integrated healthcare services and logistics provider offering technology-enabled operational, workforce and supply chain solutions to healthcare institutions across India. The company primarily operates on a B2B model, serving diagnostic laboratories, IVD companies, pharmaceutical companies, hospitals, clinics and other healthcare enterprises The company offers a comprehensive portfolio of healthcare services, including home sample collection through trained phlebotomists, stationed phlebotomy and laboratory manpower services, diagnostic and paramedical services, healthcare logistics, operations and supply chain management, corporate wellness programs and technology-enabled courier aggregation through its C3 Post platform. Its logistics solutions support the movement of diagnostic samples, medical supplies, reagents and other healthcare consignments through temperature-controlled and time-sensitive transportation, including cold-chain logistics. Credent Connect N Care operates through a pan-India network, supported by warehouses, branch offices, commercial vehicles, field personnel and technology platforms for tracking, workforce management and operational coordination. The company also operates its corporate wellness vertical under the “C3 Wellness” brand, providing health camps, vaccination programs, preventive health check-ups, radiology and diagnostic services, and on-ground healthcare manpower. As of March 31, 2026, the Company had a workforce of 6,338 employees, comprising 4,052 payroll and 2,286 contractual employees across various functions. The company has expanded its capabilities through strategic acquisitions, including Credent Healthcare Private Limited, Credent Team Private Limited and Alltrak Technologies Private Limited. Its operations are supported by ISO 9001:2015 and ISO 15189:2022 certifications, while its experienced promoter-led management team brings expertise in healthcare logistics and operations.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 23,52,000 | 0% |
| NII (HNI) | 7,08,000 | 15.01% |
| Retail | 16,56,000 | 35.11% |
| Market Maker | 2,52,000 | 0% |
| 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 |
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
Price / Book
5.71
Market Cap
₹251Cr.
Credent Connect N Care Ltd. Address
KFin Technologies Ltd.