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CREDENT · NSE · Healthcare Logistics & Services
Credent Connect N Care IPO listed on 20 Aug 2026 on NSE at ₹359.10, a gain of 90.00% over the issue price of ₹189.00. The IPO was subscribed 152.06x overall.
Credent Connect N Care IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 13 Aug 2026 |
| IPO Close Date | 17 Aug 2026 |
| Basis of Allotment | 18 Aug 2026 |
| Initiation of Refunds | 19 Aug 2026 |
| Credit of Shares to Demat | 19 Aug 2026 |
| Listing Date | 20 Aug 2026 |
Listing day gain
+90%
Listed at ₹359.1 (issue ₹189)
Issue
₹189
Listing
₹359.1
Current
₹377.05
+99.5% vs issue
Day range
₹359.1 – ₹377.05
Issue Size
4,968,000 shares
(aggregating up to ₹94.00 Cr)
Issue Price
₹179 – ₹189
Face Value
₹10/share
Market Lot
600 shares
Retail Min Investment
₹226,800
Listing At
NSE
Sale Type
fresh issue
Fresh Issue
4,716,000 shares
(aggregating up to ₹89 Cr)
Offer for Sale
[.]
Reserved for Market Maker
252,000 shares
(aggregating up to ₹5.00 Cr)
Issue Type
book building
Open Date
13 Aug
Close Date
17 Aug
Allotment
18 Aug
Listing
20 Aug
Last updated: 1 month ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 19 Aug 2026 Latest | ₹189 | ₹89 | ₹278 | ₹89 |
47.09%
|
7:50 PM |
| 19 Aug 2026 | ₹189 | ₹82 | ₹271 | ₹82 |
43.39%
|
5:22 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 17 Aug 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 130.4x | - |
| NII | 216.69x | - |
| bNII (bids above ₹10L) | 255.58x | - |
| sNII (bids below ₹10L) | 138.93x | - |
| Individual Investors | 136.83x | - |
| Total | 152.06x | - |
Showing the latest subscription snapshot.
View full subscription historyAshok Kumar Sharma, Karan Sharma, Tarun Sharma, Dimple Sharma and Tanveen are the promoters of the company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | ₹226,800 |
| Retail (Max) | 2 | 1,200 | ₹226,800 |
| S-HNI (Min) | 3 | 1,800 | ₹340,200 |
| S-HNI (Max) | 8 | 4,800 | ₹907,200 |
| B-HNI (Min) | 9 | 5,400 | ₹1,020,600 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 2,352,000 (47.34%) |
| NII (HNI) Shares Offered | 708,000 (14.25%) |
|
•
bNII > ₹10L
|
472,000 (9.50%) |
|
•
sNII < ₹10L
|
236,000 (4.75%) |
| Individual Investors Shares Offered | 1,656,000 (33.34%) |
| Market Maker Shares Offered | 252,000 (5.07%) |
| Total Shares Offered | 4,968,000 (100.00%) |
Credent Connect N Care Limited was incorporated in 2015 and is headquartered in New Delhi. It works in the healthcare logistics and supply chain services sector.
The company provides integrated logistics, workforce solutions, and technology-enabled support to diagnostic laboratories, focusing on the safe, timely, and temperature-controlled transportation of patient samples from collection points to diagnostic labs. Its services span intra-city and inter-city logistics, home sample collection, and end-to-end supply chain support for healthcare providers, serving clients across diagnostics, pharma, hospitals, corporate wellness, and e-commerce. It operates in more than 450 cities, covering over 20,000 PIN codes, supported by a field force of over 6,500 people, and handles more than 10 lakh samples a month. Tarun Sharma is the Chairman and Managing Director.
The company reported revenue crossing Rs 200 crore in FY26, with a compound annual growth rate of about 40%. The IPO is a book-built SME issue consisting entirely of a fresh issue of up to 49,68,000 equity shares, proposed for listing on NSE Emerge. As per the DRHP, net proceeds are proposed to be used for capital expenditure related to its integrated logistics, workforce, and technology-enabled operations for diagnostic laboratories (about Rs 17.88 crore) and investment in its wholly owned subsidiary, Credent Healthcare Private Limited, to fund capital expenditure requirements for machinery (about Rs 2.05 crore).
Standalone · ₹ in Crores
| Particulars | FY Mar 2024 | FY Mar 2025 | FY Mar 2026 |
|---|---|---|---|
| Total Revenue | 76.02 | 78.23 | 214.43 |
| Profit After Tax (PAT) | 2.66 | 2.25 | 18.45 |
| EBITDA | 4.3 | 4.99 | 28.46 |
| Total Assets | 26.41 | 29.5 | 81.57 |
| Net Worth | 13.66 | 15.9 | 43.79 |
| Reserves & Surplus | 13.46 | 15.7 | 30.54 |
| Total Borrowing | - | - | 21.95 |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Mar 2025 | Mar 2026 |
|---|---|---|
| RoE Return on Equity Shows how much profit the company makes on the money shareholders have put in. 15% to 20% is healthy in most industries. | 38.61% | 15.2% |
| RoCE Return on Capital Employed Shows the profit earned on all the money used, shareholder funds plus loans. Matters most for factory and infrastructure heavy companies. | 24.22% | 16.96% |
| RoNW Return on Net Worth Shows the profit earned on the company's own net worth. Steady or rising over 3 years is a good sign. | 32.36% | 14.13% |
| PAT Margin Profit After Tax Margin Out of every ₹100 of sales, how much the company keeps after paying all costs, loan interest and tax. | 8.45% | 2.88% |
| EBITDA Margin Earnings Before Interest, Tax, Depreciation and Amortisation Margin Profit from the main business as a share of sales, before loan interest and tax. Compare it with other companies in the same industry. | 13.13% | 6.41% |
| P/BV Price to Book Value Tells you if the IPO price is above what the company actually owns. 1x to 3x is usually seen as reasonable. | 5.71x | 12.12x |
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹1.69 | ₹1.23 |
| P/E Price to Earnings Tells you if the IPO price is fair for what the company earns. Compare it with listed companies in the same sector. | 111.83x | 153.66x |
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | ₹251 Cr | ₹344 Cr |
The basis of allotment for Credent Connect N Care IPO was finalised on 18 Aug 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Credent Connect N Care IPO is expected to open in Aug 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Credent Connect N Care IPO is ₹179.00 - ₹189.00 per share.
As per market sources, Credent Connect N Care IPO GMP is currently ₹89.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Credent Connect N Care IPO stands at 152.06x overall.
The listing date for Credent Connect N Care IPO is 20 Aug 2026.
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