Credent Connect N Care Limited
IPO Details
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Lot Distribution
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Company Fin.
₹78(41.27%)
Premium (ELP)
The Initial Public Offering of Credent Connect N Care Limited's culminated in its successful listing on Aug 20, 2026 at the NSE trading platform. The company secured 49,68,000 Shares through this capital market exercise, with 49,68,000 Shares allocated to new capital formation.
Investors participated within the price parameters of ₹179 to ₹189, with minimum investment requirements of 600 shares. The subscription period from Aug 13, 2026 to Aug 17, 2026 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Aug 18, 2026. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2015, Credent Connect N Care Limited is a New Delhi-based transport and logistics company operating as an unlisted public limited company registered with the ROC Delhi. The company mainly focuses on logistics, cold chain solutions, warehousing, and supply chain services, especially for sectors like healthcare, e-commerce, and business support. It works as a B2B service provider, offering integrated solutions that combine logistics, technology, and healthcare support, including specialized delivery networks. The company also provides healthcare logistics services such as transporting diagnostic samples between collection centers and laboratories, along with handling reagent movement for IVD companies. In addition, it operates a courier aggregation platform called C3 Post, which offers pan-India delivery coverage for bulk shipments.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Comprehensive Healthcare & Logistics Platform: The company provides integrated healthcare services including cold chain logistics, home sample collection, healthcare supply chain management, workforce solutions, and technology-enabled services.
- Strong Client Relationships: The company has established long-term relationships with leading diagnostic chains, hospitals, and pharmaceutical companies, supporting repeat business and market growth.
- Experienced Promoters & Management: The company is led by experienced promoters and directors with strong expertise in healthcare operations and logistics, supporting its expansion across India.
- Customer Concentration Risk: A significant portion of revenue comes from the top 10 customers without long-term contracts. Losing major customers could impact revenue and financial performance.
- Dependence on Healthcare & Diagnostics Sector: The company's business depends heavily on diagnostic laboratories and healthcare providers. Lower testing volumes or reduced outsourcing demand could affect business performance.
- Diagnostic Sample Transportation Risk: The company transports medical samples that require timely delivery and proper temperature control. Any delay, damage, or contamination could lead to customer claims, financial losses, and reputational damage.
- Ashok Kumar Sharma
- Karan Sharma
- Tarun Sharma
- Dimple Sharma
- Tanveen
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