Credent Connect IPO
Credent Connect IPO
Overview
Credent Connect IPO is a book build issue of ₹93.90 crores. The issue is entirely a fresh issue of 0.50 crore shares of ₹93.90 crore. Credent Connect IPO opens for subscription on Aug 13, 2026 and closes on Aug 17, 2026. The allotment for the Credent Connect IPO is expected to be finalized on Aug 18, 2026. Credent Connect IPO will list on the NSE SME with a tentative listing date fixed as Aug 20, 2026. Credent Connect IPO is set issue price band at ₹179 to ₹189 per share. The lot size for an application is 600 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,26,800 (1,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (1,800 shares), amounting to ₹3,40,200. Hem Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Total Shares
49,68,000
Issue Size
₹94 Cr
Price Band
₹179 – ₹189
Lot Size
600 shares
Min. Investment
₹1,13,400
Max. Investment
₹1,13,400
Open Date
13 Aug, 2026
Close Date
17 Aug, 2026
Allotment
18 Aug, 2026
Listing
20 Aug, 2026
Max. Investment
₹1,13,400
Announced
13 Aug, 2026
Opening Date
13 Aug, 2026
Closing Date
17 Aug, 2026
Basis of Allotment
18 Aug, 2026
Initiation of Refunds
19 Aug, 2026
Credit of Shares
19 Aug, 2026
Listing Date
20 Aug, 2026
Apply via UPI in 5 minutes
Choose your broker • Zero commission on IPO
About Credent Connect IPO
Incorporated on 2015, Credent Connect N Care Limited is a transport and logistics company and headquartered in New Delhi, India. It operates as an unlisted public limited company registered with the Registrar of Companies (ROC), Delhi.
The company is primarily engaged in logistics, cold chain solutions, warehousing, and supply chain services, with a strong focus on sectors like healthcare, e-commerce, and business support services. It also undertakes activities related to transport supp
Credent Connect IPO Share Price
Issue Breakdown
Shareholding
Dilution: 37.5% increase in shares
Credent Connect IPO Financial Health
Credent Connect IPO Lot Size
Investors can bid for a minimum of 1,200 shares and in multiples of 600 shares thereof.
| 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 |
(All values in CR)
Credent Connect IPO Valuations
| Metric | Value |
|---|---|
| ROE | 38.61 |
| ROCE | 24.22 |
| RoNW | 32.36 |
| PAT Margin | 8.45 |
| EBITDA Margin | 13.13 |
| NAV | 23.05 |
| Price to Book Value | - |
(All values in CR)
Credent Connect IPO Strength & Risk
Credent Connect IPO – Strengths
- Integrated healthcare and logistics platform: The company provides healthcare logistics, workforce solutions, supply-chain support and technology-enabled services.
- Strong presence in healthcare logistics: It serves diagnostic laboratories, IVD companies, pharmaceutical firms, hospitals and other healthcare institutions.
- Diversified service offering: Services include home sample collection, phlebotomy staffing, healthcare logistics, warehousing and supply-chain support.
- Pan-India operating reach: The company has a presence across multiple domestic markets and operates a courier aggregation platform, C3 Post.
- Established client relationships: Long-standing relationships with healthcare and diagnostic clients provide an existing customer base.
Credent Connect IPO – Risks
- Customer concentration risk: A significant portion of revenue comes from the top 10 customers, and the company does not necessarily have firm commitments from these customers.
- Dependence on healthcare and diagnostics: Any slowdown or adverse change in the diagnostic and healthcare sector could affect demand for its services.
- Contract renewal risk: Service agreements can be renewed, renegotiated or terminated, potentially affecting revenue visibility.
- Healthcare logistics risk: Loss, damage, contamination or delays while transporting diagnostic samples could affect the company's reputation and finances.
- Working-capital requirements: The business requires significant working capital to support manpower, logistics and day-to-day operations.
Credent Connect IPO GMP
The GMP for Credent Connect SME IPO has started trading and has been available for the last 1 sessions. As the trading history is still limited, it is too early to determine a clear trend.
Last updated 10 Aug, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 10 Aug, 2026 | 189 | ₹0 | - | ₹189 (0.00%) | - | 10 Aug, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Credent Connect IPO
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find Credent Connect IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.