Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
Credent Connect N Care Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on March 31, 2026 to raise funds through Initial Public Offer (IPO).
Credent Connect N Care Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.50 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Hem Securities Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Credent Connect IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 49,68,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 49,68,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,32,54,900 shares |
| Share Holding Post Issue | 1,82,22,900 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Mar 31, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
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:
| 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 |
| Amount in ₹ Crore | |||
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 |
| 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% |
Lead Manager Reports
Credent Connect IPO is a SME IPO of 49,68,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Credent Connect IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Credent Connect IPO using UPI as a payment gateway. Zerodha customers can apply in Credent Connect IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Credent Connect IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Credent Connect IPO dates are not announced. Please check back again after some time.
Credent Connect IPO lot size and the minimum order quantity is not available at this time. Please check again later.
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 Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Credent Connect IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Credent Connect IPO allotment status.
The Credent Connect IPO listing date is not yet announced. The tentative date of listing is .
