Credent Connect N Care IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
Financial Analysis
| Metric | 2023 (Standalone) | 2024 (Standalone) | 2025 (Standalone) | 2026 (Consolidate) |
|---|---|---|---|---|
| Revenue | 59.93 | 76.02 | 78.23 | 214.43 |
| Expense | 56.19 | 72.43 | 75.23 | 189.83 |
| Profit (PAT) | 2.70 | 2.66 | 2.25 | 18.45 |
| Total Assets | 19.49 | 26.41 | 29.50 | 81.57 |
Promoters: Sandeep Aggarwal, Nikunj Aggarwal and Esha Gupta
Strengths & Risks
- Heavily oversubscribed — 153.2x overall (so far).
- Strong institutional (QIB) demand — 130.4x.
- Revenue grew 174% in the latest reported year.
- Solid profit margin — 8.6%.
- Strong return on equity — 40%.
- Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Credent Connect N Care Limited, founded in 2015, is one of the leading transport and logistics companies in India. The firm is involved in offering logistics, cold chain solutions, warehousing, and supply chain services for the logistics, cold chain solutions, and warehousing sectors. The firm offers B2B Healthcare Logistics Services such as transportation of diagnostic samples and services to IVD companies for reagent movement from their C&F to labs. C3 has over 12 years of experience across 452 cities and employs 6,500+ healthcare personnel. The company’s main aim is to transform the healthcare industry with an innovative mindset, offering Logistics Services, phlebotomist services, Home Collection Services, and many more.
Credent Connect N Care Ltd., B-3, Second Floor,, Nimri Commercial Complex,, Ashok Vihar, Phase-4,, Delhi, New Delhi, 110052
| Purpose | Amount (Cr) |
|---|---|
| Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to meet its working capital requirement | 17.89 |
| Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to finance its capital expenditure requirements for machinery | 2.05 |
| To meet Working Capital Requirements | 26.30 |
| Repayment and/or repayment, in full or part, of borrowing availed by the Company | 4.12 |
| General corporate purposes | - |
Resources & Documents
Credent Connect N Care has set a price band of Rs 179–Rs 189 per share for an issue size of Rs 94 crore. The stock listed with a 90.00% gain versus its issue price on August 20, 2026.
Credent Connect N Care Limited, founded in 2015, is one of the leading transport and logistics companies in India. The firm is involved in offering logistics, cold chain solutions, warehousing, and supply chain services for the logistics, cold chain solutions, and warehousing sectors.
The issue is promoted by Sandeep Aggarwal, Nikunj Aggarwal and Esha Gupta with Hem Securities Ltd. acting as lead manager. Net proceeds will primarily be used towards Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to meet its working capital requirement (Rs 18 crore) and Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to finance its capital expenditure require… (Rs 2 crore).
On fundamentals, the company is posting revenue growth of 174.1%, a profit margin of 8.6%, return on equity of 40.0% in its most recent reported period.
On our data-signal score, the combined signals for this issue currently read strong — the composite picture tilts positive, though not without some caveats. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Credent Connect N Care IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed.
See the full Credent Connect N Care GMP history and trend, or learn how grey market premium works and how reliable it is.
Related IPO
No comments yet. Be the first to share your opinion!