GMP IPO Watch
Credent Connect N Care IPO 2026: ₹214 Crore Revenue, Anchor Demand and Healthcare Services Growth Analysis
Credent Connect N Care IPO opened August 13, 2026 at ₹179–₹189 per share. Explore its ₹93....
Read Article
C
SME IPO
LISTED
NSE, BSE
CREDENT
Credent Connect N Care IPO
Credent Connect N Care IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹50
+26.5%
Est. Listing: ₹239.00
Price Band
₹179 - ₹189
Per equity share
Lot Size
600 Shares
Min Invest: ₹2,26,800
Issue Size
₹93.9 Cr
Total Public Offering
Issue Dates
12 August 2026 – 16 August 2026
Bidding period
Subscription
153.13x
Total overall demand
Credent Connect N Care IPO Details
Key facts at a glance| IPO Open Date | 12 August 2026 | IPO Close Date | 16 August 2026 |
|---|---|---|---|
| Basis of Allotment | 17 August 2026 | Listing Date | 19 August 2026 |
| Price Band | ₹179 - ₹189 per share | Face Value | ₹10 per share |
| Market Lot Size | 600 Shares | Min Investment (Retail) | ₹2,26,800 |
| Total Issue Size | ₹93.9 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Credent Connect N Care IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 12 August 2026 | Confirmed |
| IPO Close Date | 16 August 2026 | Confirmed |
| Basis of Allotment | 17 August 2026 | Tentative |
| Initiation of Refunds | 19 August 2026 | Tentative |
| Credit of Shares to Demat | 19 August 2026 | Tentative |
| IPO Listing Date | 19 August 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 17 August 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Credent Connect N Care IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 1,200 Shares | ₹2,26,800 |
| Retail (Max) | 2 Lots | 1,200 Shares | ₹2,26,800 |
| S-HNI (Min) | 3 Lots | 1,800 Shares | ₹3,40,200 |
| S-HNI (Max) | 8 Lots | 4,800 Shares | ₹9,07,200 |
| B-HNI (Min) | 9 Lots | 5,400 Shares | ₹10,20,600 |
Credent Connect N Care IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹50 +26.5%
Estimated Listing Price
₹239.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 13 Aug 2026 | ₹50 | ₹239.00 | +26.46% |
| 12 Aug 2026 | ₹35 | ₹224.00 | +18.52% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Credent Connect N Care IPO Subscription Status
Demand breakdown by investor category
Retail
138.86x
QIB
130.40x
NII / HNI
216.97x
Total
153.13x
About Credent Connect N Care
Credent Connect N Care Limited is a healthcare services provider that delivers integrated logistics, workforce solutions, and technology-enabled support to healthcare institutions across India. The company’s core business involves providing comprehensive operational and logistics services to diagnostic laboratories, In Vitro Diagnostics (IVD) companies, and other healthcare enterprises. Its main offerings include temperature-controlled and time-sensitive transportation of diagnostic samples, home sample collection by trained phlebotomists, and the deployment of skilled laboratory technicians and paramedical staff at client locations. The company also manages large-scale corporate wellness programs and health camps under its “C3 Wellness” brand and operates “C3 Post,” a smart courier aggregation platform for bulk shipping, which includes cold-chain logistics. Revenue is generated directly from providing these varied logistics, operational, and healthcare support services to its business-to-business clients.
Key Strengths
- Operates a comprehensive healthcare ecosystem and logistics platform.
- Has established relationships with over 2,500 diagnostic laboratories across India.
- Leverages the extensive industry experience of its promoters and directors.
- Maintains a widespread domestic reach with operations across multiple states.
- Expanded service capabilities through the strategic acquisition of three wholly-owned subsidiaries.
Key Risks
- High revenue concentration, with the top 10 customers contributing over 80% of revenue.
- Significant dependence on the financial health and testing volumes of diagnostic and healthcare companies.
- Exposed to operational risks of sample loss, damage, or contamination during transportation.
- Business is working capital intensive, with a large portion of assets held as trade receivables.
- Operations are highly dependent on a large, geographically dispersed workforce of over 6,300 employees.
Credent Connect N Care IPO Reservation & Share Quotas
The Credent Connect N Care IPO has a category-wise reservation structure for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs). The allocation determines the portion of the IPO available for subscription by each category of investors.
As per the proposed reservation structure, 50% of the offer is allocated to Qualified Institutional Buyers, excluding the anchor investor portion. Non-Institutional Investors have a reservation of 15%, while 35% of the offer is reserved for Retail Individual Investors.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| Qualified Institutional Buyers (QIB) (Ex. Anchor) | – Shares | 50% |
| Non-Institutional Investors (NII) | – Shares | 15% |
| Retail Individual Investors (RII) | – Shares | 35% |
Note: The exact number of shares available under each investor category can be updated once the final category-wise allocation is available. Final allotment will depend on the subscription received and the basis of allotment.
Credent Connect N Care IPO Anchor Investors
The Credent Connect N Care IPO includes an anchor investor portion as part of its institutional allocation. The anchor bidding date and final allocation details, including the names of participating institutional investors, number of shares allocated and total anchor investment amount, are currently not available in the provided information.
Once the anchor allocation is finalized, investors can review the participation of institutional investors along with the total anchor issue size. The applicable lock-in periods will determine when the allocated anchor shares become eligible for release.
| Particular | Details |
|---|---|
| Anchor Bidding Date | 2026 |
| Anchor Investors List | To be Updated |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date – 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date – Remaining 50% Shares (90 Days) | 2026 |
Note: The anchor bidding date, anchor investor list, shares offered, anchor size and exact 30-day and 90-day lock-in expiry dates will be updated once the final anchor allocation details are available.
Credent Connect N Care IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 13 Aug 2026 |
| IPO Close Date | 17 Aug 2026 |
| Basis of Allotment | 18 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 20 Aug 2026 |
Note: The timeline for क्रेडेंट कनेक्ट एन केयर IPO is tentative and subject to change.
Credent Connect N Care Promoters and Shareholding Pattern
The promoters of Credent Connect N Care are Sandeep Aggarwal, Nikunj Aggarwal and Esha Gupta. Before the IPO, the promoter and promoter group collectively hold 94.23% of the company's equity share capital, while other shareholders hold the remaining 5.77%.
The promoter and promoter group currently hold 1,24,89,900 equity shares, while other shareholders hold 7,65,000 equity shares. The company's total pre-IPO share capital consists of 1,32,54,900 equity shares. Following the IPO, the total number of equity shares is expected to increase to 1,82,22,900 shares.
Promoters of Credent Connect N Care
- Sandeep Aggarwal
- Nikunj Aggarwal
- Esha Gupta
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 1,24,89,900 | 94.23% | – | -% |
| Others* | 7,65,000 | 5.77% | – | -% |
| Total | 1,32,54,900 | 100% | 1,82,22,900 | 100% |
Note: The above table presents the available pre-IPO and post-IPO shareholding information for Credent Connect N Care. The final promoter and other shareholder post-IPO holdings can be updated once the complete post-issue shareholding pattern is available.
Credent Connect N Care Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Credent Connect N Care About the IPO
About Q&T Foods
Q&T Foods Limited, founded in August 2018, has been involved in the production, distribution, marketing, and manufacturing of bakery products. The firm sells breads, buns, pizza bases, kulchas, pav, and other bakery products under the brand “American Bakers”.
Its product portfolio consists of a wide range of bakery products such as Milk Bread, White Bread, Brown Bread, Multigrain Bread, Burger Buns, Pav, Kulcha, and Pizza Bases, which are distributed through 50+ dealers serving several customers and retail stores.
Its manufacturing facility is located at Ghaziabad, Uttar Pradesh, spread across 10,750 sq. ft. with an installed capacity of 9,472 TPA. The firm buys ingredients like flour, sugar, yeast, oil, and other ingredients from suppliers in different parts of Uttar Pradesh with strict quality control.
Credent Connect N Care Company Financial Report
To Be Updated Soon
Credent Connect N Care Company Valuation & Key Performance Indicators
To Be Updated Soon
Credent Connect N Care Peer Group Comparison
To Be Updated Soon
Credent Connect N Care Lead Managers & Merchant Bankers
- Hem Securities Ltd.
Credent Connect N Care IPO FAQs
Credent Connect N Care IPO opens for subscription on 12 August 2026 and closes on 16 August 2026.
The price band for Credent Connect N Care IPO is set at ₹179.00 to ₹189.00 per share.
The minimum market lot size is 600 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 1,200 Shares (₹2,26,800).
The latest Grey Market Premium (GMP) for Credent Connect N Care IPO is ₹50. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Credent Connect N Care IPO is tentatively scheduled for 17 August 2026, and shares are expected to list on the stock exchanges on 19 August 2026.
The registrar details will be confirmed in the official prospectus.
Credent Connect N Care IPO Analysis & Articles
