Credent Connect N Care IPO Details

Bookbuilding IPO | ₹94 Cr | Listing at NSE SME | Thu, Aug 13, 2026 - Mon, Aug 17, 2026

IPO Details

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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.

Refer to Credent Connect IPO DRHP for detailed Information.

IPO Open

Thu, Aug 13, 2026

IPO Close

Mon, Aug 17, 2026

Issue Price

₹179 to ₹189

Market Cap*

₹344.41 Cr

IPO Details

IPO Date

13 to 17 Aug, 2026
Listing Date

Thu, Aug 20, 2026
Face Value

₹10 per share
Price Band

₹179 to ₹189
Lot Size

600 Shares
Sale Type

Fresh capital only
Issue Type

Bookbuilding IPO
Listing At

NSE SME

Total Issue Size

49,68,000 shares (agg. up to ₹94 Cr)
Reserved for Market Maker

2,52,000 shares (agg. up to ₹5 Cr)
Fresh Issue (Ex Market Maker)

47,16,000 shares (agg. up to ₹89 Cr)
Net Offered to Public

47,16,000 shares (agg. up to ₹89 Cr)
Share Holding Pre Issue

1,32,54,900 shares
Share Holding Post Issue

1,82,22,900 shares

IPO Timetable (Tentative)

IPO Open

Thu, Aug 13, 2026
Allotment

Tue, Aug 18, 2026
Credit of Shares

Wed, Aug 19, 2026

IPO Close

Mon, Aug 17, 2026
Refund

Wed, Aug 19, 2026
Listing

Thu, Aug 20, 2026

Issue Reservation

Investor Category	Shares
QIB	Not more than 50% of the Net Issue
Retail	Not less than 35% of the Net Issue
NII	Not less than 15% of the Net Issue

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	1,200	₹2,26,800
Individual investors (IND) (Max)	2	1,200	₹2,26,800
S-HNI (Min)	3	1,800	₹3,40,200
S-HNI (Max)	8	4,800	₹9,07,200
B-HNI (Min)	9	5,400	₹10,20,600

About Credent Connect N Care Ltd.

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 support services, courier operations, and administrative support services.

Credent positions itself as a B2B service provider, offering integrated solutions that combine logistics, technology, and healthcare support, including specialized delivery and distribution networks.

The company provide Business to Business (B2B) Healthcare logistics services that involve the transportation of diagnostic samples from collection points to laboratories and between healthcare facilities & they also provide services to IVD companies for reagent movement from their C&F to labs.

The company operate a smart courier aggregation platform, C3 Post, which provides pan-India pin-code coverage for bulk shipping.

Competitive Strength:

Comprehensive Healthcare Ecosystem and Logistics Platform
Well established relationships with clients
Leveraging the experience of our Promoters and Directors
Widespread reach in domestic markets

Company Financials (Restated Standalone)

Period Ended	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	29.50	26.41	19.49
Total Income	78.23	76.02	59.93
Profit After Tax	2.25	2.66	2.70
EBITDA	4.99	4.30	0.41
NET Worth	15.90	13.66	10.99
Reserves and Surplus	15.70	13.46	10.79

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects

Est Amt (₹ Cr.)
1 Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to meet its working capital requirement

17.89
2 Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to finance its capital expenditure requirements for machinery

2.05
3 To meet Working Capital Requirements

26.30
4 Repayment and/or repayment, in full or part, of borrowing availed by the Company

4.12
5 General corporate purposes
Total

50.36

Key Performance Indicator (KPI)

KPI	Sep 30, 2025	Mar 31, 2025
ROE	38.61%	15.20%
ROCE	24.22%	16.96%
RoNW	32.36%	14.13%
PAT Margin	8.45%	2.88%
EBITDA Margin	13.13%	6.41%
NAV	23.05	15.59
Price to Book Value		12.12

IPO Valuation

Valuation Metric	Pre IPO	Post IPO
EPS (₹)	1.69	1.23
P/E (x)	111.83	153.66
Market Cap at Offer Price	₹251Cr.	₹344.41 Cr

The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 available in RHP.

Shareholding Structure

Category	Pre IPO	Post IPO
Promoter and Promoter Group	87.64%	63.75%
Public	12.36%	36.25%
Total	100%	100%

Company Promoters: Ashok Kumar Sharma, Karan Sharma, Tarun Sharma, Dimple Sharma and Tanveen.

IPO Registrar

Kfin Technologies Ltd.

040-79615565
credentconnect.ipo@kfintech.com
Visit Website

IPO Lead Manager(s)

Hem Securities Ltd.

Lead Manager Reports

Contact Details

Credent Connect N Care Ltd. Address

B-3, Second Floor,

Nimri Commercial Complex,

Ashok Vihar, Phase-4,

Delhi, New Delhi, 110052

+91-9971777199
cs@c3logistics.co.in
Visit Website

IPO FAQs

What is the Credent Connect IPO?

Credent Connect IPO is a SME IPO of 49,68,000 equity shares of the face value of ₹10 aggregating up to ₹94 Crores. The issue is priced at ₹179 to ₹189. The minimum order quantity is 600.

The IPO opens on Thu, Aug 13, 2026, and closes on Mon, Aug 17, 2026.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

How to apply in Credent Connect IPO through Angel One?

Angel One customers can apply online in Credent Connect IPO using UPI as a payment gateway. Angel One customers can apply in Credent Connect IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Credent Connect IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Credent Connect IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

When Credent Connect IPO will open?

The Credent Connect IPO opens on Thu, Aug 13, 2026 and closes on Mon, Aug 17, 2026.

What is the lot size of Credent Connect IPO?

Credent Connect IPO lot size is 600, and the minimum amount required for application is ₹2,26,800, with 2 lots being the minimum application size.

How to apply for Credent Connect IPO?

You can apply in Credent Connect IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

When is Credent Connect IPO allotment?

The finalization of Basis of Allotment for Credent Connect IPO will be done on Tuesday, August 18, 2026, and the allotted shares will be credited to your demat account by Wed, Aug 19, 2026. Check the Credent Connect IPO allotment status.

When is Credent Connect IPO listing date ?

The Credent Connect IPO listing date is not yet announced. The tentative date of listing is Thu, Aug 20, 2026.