Credent Connect N Care Limited IPO, an integrated healthcare and logistics provider company, has announced its initial public offering (IPO). The company aims to raise ₹93.90 Cr. through this initial public offering (IPO). The Credent Connect N Care initial IPO will open for subscription on August 13, 2026, and close on August 17, 2026.
Credent Connect N Care IPO is a book build issue of 49,68,000 shares (₹93.90 Cr.). The issue is a combination of a fresh issue of 49,68,000 shares (₹93.90 Cr.).
The price band for Credent Connect N Care IPO is ₹179 to ₹189 per share. The minimum application size is 2 lot (1,200 shares), requiring a retail investor to invest at least ₹2,26,800 (based on the upper price band).
Credent Connect N Care IPO GMP
| Date | Price | GMP | SSR | ELP |
|---|---|---|---|---|
| 10/08/2026 | ₹189 | ₹0 | — | ₹189.00 [0.00%] |
Credent Connect N Care IPO Subscription
| Category | Day 1 |
|---|---|
| QIB | 0.00x |
| NII | 0.00x |
| RII | 0.00x |
| Total | 0.00x |
Credent Connect N Care IPO Details
| Open Date | August 13, 2026 |
| Close Date | August 17, 2026 |
| Issue Type | Book Building Issue |
| Face Value | ₹10.00 Equity Share |
| Price Band | ₹179.00 – ₹189.00 Per Share |
| Listing On | NSE, SME |
| Issue Size | ₹93.90 Cr. (49,68,000 Shares) |
| Fresh Issue | ₹93.90 Cr. (49,68,000 Shares) |
| Offer For Sale | Not Applicable |
| Prospectus | RHP | Anchor Investors |
Credent Connect N Care IPO Reservation
| Category | Reservation | Shares Offered |
|---|---|---|
| QIB | 50.00% | 24,84,000 |
| NII | 15.00% | 7,45,200 |
| RII | 35.00% | 17,38,800 |
| Total | 100.00% | 49,68,000 |
Credent Connect N Care IPO Market Lot
| Application | Lot | Shares | Amount |
| Retail Minimum & Maximum | 2 | 1,200 | ₹2,26,800 |
| S-HNI Minimum | 3 | 1,800 | ₹3,40,200 |
| S-HNI Maximum | 8 | 4,800 | ₹9,07,200 |
| B- HNI Minimum | 9 | 5,400 | ₹10,20,600 |
Key Performance Indicator
| KPI [March 31, 2025] | Value |
| Market Capitalisation | ₹344.41 Cr. |
| P/E Ratio | 111.83x |
| EPS | ₹1.69 |
| ROE | 15.20% |
| ROCE | 16.96% |
| RoNW | 14.13% |
| Dept/Equity | — |
| EBITDA Margin | 6.41% |
| PAT Margin | 2.88% |
| Net Assets Value | ₹15.59 |
| Price To Book Value | 12.12x |
Credent Connect N Care IPO No Peer Comparison
| Company | P/E | EPS | RoNW | NAV |
| N/A | — | — | — | — |
Credent Connect N Care IPO Dates
| Open Date | August 13, 2026 |
| Close Date | August 17, 2026 |
| Allotment Date | August 18, 2026 |
| Refund Date | August 19, 2026 |
| Share Credit Date | August 19, 2026 |
| Listing Date | August 20, 2026 |
Credent Connect N Care Limited Company Financial Report
| Period Ended | Total Assets | Total Income | Total Expenses | Net Worth | Profit After Tax | EBITDA | Reserves and Surplus |
|---|---|---|---|---|---|---|---|
| March 2026 | ₹29.50 Cr. | ₹78.23 Cr. | ₹75.23 Cr. | ₹15.90 Cr. | ₹2.25 Cr. | ₹4.99 Cr. | ₹15.70 Cr. |
| March 2025 | ₹26.41 Cr. | ₹76.02 Cr. | ₹72.43 Cr. | ₹13.66 Cr. | ₹2.66 Cr. | ₹4.30 Cr. | ₹13.46 Cr. |
| March 2024 | ₹19.49 Cr. | ₹59.93 Cr. | ₹56.19 Cr. | ₹10.99 Cr. | ₹2.70 Cr. | ₹0.41 Cr. | ₹10.79 Cr. |
Company Promoters
- Ashok Kumar Sharma
- Karan Sharma
- Tarun Sharma
- Dimple Sharma
- Tanveen
| Holding Pre Issue | 87.64% |
| Holding Post Issue | 63.75% |
Credent Connect N Care IPO Lead Managers
- Hem Securities Limited
Credent Connect N Care IPO Registrar
KFin Technologies Private Limited
Telephone: +91 40-6716 2222
Email: credentconnect.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
About Credent Connect N Care Limited
The company is a healthcare services provider that provides integrated logistics, workforce solutions, and technology-enabled support to healthcare institutions across India. We provide complete operational and logistics services through end-to-end solutions to diagnostic labs, in vitro diagnostics (IVD) companies, pharmaceutical companies, clinics, and other healthcare companies.
Their services primarily include home sample collection by trained phlebotomists; operational and supply chain services through phlebotomy teams deployed in laboratories and hospitals; deployment of skilled laboratory technicians and paramedical staff for in-house operations; and specialized inter-state and intra-state logistics services. Their logistics solutions ensure temperature-controlled and turnaround time (TAT)-sensitive movement of blood samples and other healthcare products.
The company began its operations in 2015 with a small team of field executives and has since expanded its operations across multiple healthcare service verticals, employing 2,039 riders as of September 30, 2025. It holds ISO 9001:2015 certification for services such as financial management, strategic management, human resources, marketing, operations, and supply chain management. It is also certified under ISO 15189:2022 for medical laboratory and diagnostic imaging services. As of September 30, 2025, it owns and operates a fleet of 94 commercial vehicles used for sample transportation and related logistics operations. Its operations are headquartered in Ashok Vihar, Delhi, and it operates through two warehouses and four branch offices across India, including Mumbai, Pune, Chennai, and Varanasi.
They provide business-to-business (B2B) healthcare logistics services, including the transportation of diagnostic samples from collection points to laboratories and between healthcare facilities. They also serve IVD companies for reagent movement from their C&F to laboratories. Their services include scheduled pickups and on-demand pickups, where sample movement is monitored by tracking systems that record transportation timelines and temperature handling conditions. These trends also offer in-person phlebotomy services, including home sample collection, where phlebotomists visit patients’ homes to collect diagnostic samples.
In addition to its core healthcare support services, the company provides end-to-end phlebotomy services to diagnostic labs, physician clinics, hospitals, and other healthcare institutions. It deploys trained and qualified personnel at client locations. These services enable consistent, accurate, and precise sample collection operations and are designed to support both routine and advanced diagnostic needs, ensuring operational efficiency and compliance with applicable healthcare standards.
They have launched a dedicated corporate and wellness vertical under the brand name C3 Wellness. Through this vertical, the company organizes and manages large-scale health camps and corporate wellness programs for corporations and institutions. Services under C3 Wellness include corporate vaccination programs and basic radiology and diagnostic services, such as ECG, PFT, digital X-ray, eye check-up, dental check-up, ENT assessment, doctor-on-arrival (DOA) services, and doctor consultations. Additionally, they deploy necessary healthcare manpower, coordinate operations, manage logistics, and execute diagnostic and sample collection activities on-the-ground at designated locations. These programs are customized to meet the specific needs of healthcare providers and corporate clients, enabling seamless end-to-end execution of preventive healthcare initiatives, employee wellness programs, and diagnostic screening services.
Compony Strength
- Comprehensive Healthcare Ecosystem and Logistics Platform.
- Well established relationships with clients.
- Leveraging the experience of our Promoters and Directors.
- Widespread reach in domestic market.
Objects Of The Issue
- Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to meet its working capital requirement. (Estimated Ammount ₹17.89 Cr.)
- Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to finance its capital expenditure requirements for machinery. (Estimated Ammount ₹2.05 Cr.)
- To meet Working Capital Requirements. (Estimated Ammount ₹26.30 Cr.)
- Repayment and/or repayment, in full or part, of borrowing availed by the Company. (Estimated Ammount ₹4.12 Cr.)
- General corporate purposes
Company Address
Credent Connect N Care Limited
B-3, Second Floor, Nimri Commercial Complex, Ashok Vihar,
Phase-4, New Delhi – 110 052, Delhi, India.
Email: info@c3logistics.co.in
Tel. No: +91-9971777199
Website: https://c3logistics.co.in/
Credent Connect N Care IPO FAQs
What is Credent Connect N Care IPO?
Credent Connect N Care IPO is a SME IPO of 49,68,000 equity shares of the face value of ₹10 aggregating up to ₹93.90 Crores. The IPO issue priced at ₹11?79 to ₹189 per share.
What are the open and close dates of the Credent Connect N Care IPO?
The IPO will open on August 13, 2026 and will close on August 17, 2026.
What is the price band for Credent Connect N Care IPO?
The price band for the IPO is fixed at ₹179 to ₹189 per share.
What is the issue size of the Credent Connect N Care IPO?
The total issue size of the IPO is ₹93.90 Cr., comprising both fresh issue and offer for sale (if applicable).
What is Credent Connect N Care IPO Minimum and Maximum Lot Size?
The minimum & maximum bid is 2 Lot, 1,200 Shares with ₹2,26,800 amount for the IPO.
What is Credent Connect N Care IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35% for the IPO.
When will the basis of allotment for the Credent Connect N Care IPO be finalized?
The the IPO allotment is expected to be finalized on August 18, 2026.
When will the shares of Credent Connect N Care IPO get listed?
The IPO shares are expected to be listed on the NSE and SME on August 20, 2026.
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This content has been researched and written by the IPO Investors Team…
Disclaimer: Readers are strongly advised to seek guidance from a qualified financial advisor before making any investment decisions. Relying solely on the content presented here for financial choices is done entirely at the reader’s own risk.
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