CREDENT CONNECT N CARE LIMITED
ListedLogistics · SME IPO · INE1KPX01025
Price band
₹179 – ₹189
Lot size
600 shares
Min. investment
₹2,26,800
Issue size
₹94 Cr
Face value
₹10
Registrar
Kfin Technologies Ltd.
Issue timeline
Bidding opens
13 Aug 2026
Bidding closes
17 Aug 2026
Allotment
18 Aug 2026
Listing
20 Aug 2026
Final subscription
2,30,223
applications
₹9,591 Cr
bid value
| Category | Bid for | ₹ Cr* |
|---|---|---|
| Qualified Institutional (QIB) | 12,36,15,600 | 2,336 |
| Non-Institutional >₹10L (bNII) | 12,08,84,400 | 2,285 |
| Non-Institutional ₹2–10L (sNII) | 3,29,82,600 | 623 |
| Individual (SME) | 22,99,52,400 | 4,346 |
| Total | 50,74,35,000 | 9,591 |
Live category-wise demand from NSE only. Add each category's offered shares (from the RHP) in IPO Master to show the subscription (x) multiple.
About the company
Credent Connect N Care Limited is a transport and logistics company primarily engaged in logistics, cold chain solutions, warehousing, and supply chain services, focusing on healthcare, e-commerce, and business support services.
Issue details
Issue size
₹94 Cr
Fresh issue
₹94 Cr
Industry
Logistics
Promoter holding (pre)
87.64%
Promoter holding (post)
63.75%
Financials (₹ Cr)
| Metric | FY 2024 | FY 2026 | Latest |
|---|---|---|---|
| Total income | 76.02 | 78.23 | — |
| EBITDA | 4.30 | 4.99 | — |
| Profit after tax | 2.66 | 2.25 | — |
| Net worth | 13.66 | 15.90 | — |
| Total assets | 26.41 | 29.50 | — |
| Total borrowing | 6.85 | 7.42 | — |
Objects of the issue
- Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to meet its working capital requirement
- Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to finance its capital expenditure requirements for machinery
- To meet Working Capital Requirements
- Repayment and/or repayment, in full or part, of borrowing availed by the Company
- General corporate purposes
Strengths
- Comprehensive Healthcare Ecosystem and Logistics Platform
- Well established relationships with clients
- Leveraging the experience of our Promoters and Directors
- Widespread reach in domestic markets
Risks
- Dependence on a limited number of customers
- Competition from other logistics companies
- Regulatory changes affecting the logistics industry
- Economic downturns impacting demand for logistics services
Documents
Calculate your bid
At cut-off price ₹189
Lots
2
- Shares
- 1,200
- Amount
- ₹2,26,800
Above ₹2,00,000 — this falls under the HNI / NII category, not Retail.
UPI mandate — funds are blocked, not debited.
- SEBI-registered broker — NSE member 90113
- Funds stay blocked in your own bank — debited only on allotment
- Apply for your whole family from one login