August, 16 2026 Sunday 05:45 Hrs
Last update 11-9-2025
  • SENSEX :   78,009.25

  • Top commodity trading and broking companies in India-70.71( -0.09%) 14-Aug-2026

IPO Synopsis

Credent Connect N Care Ltd
Initial public offer of upto 49,68,000* equity shares of face value of Rs. 10 each (the "Equity Shares") of Credent Connect N Care Limited (formerly known as Credent Cold Chain Logistics Private Limited) ("the Company" or "Credent" or "the Issuer") at an issue price of Rs. 179-189 per equity share (including share premium of Rs. 169-179 per equity share) for cash, aggregating up to Rs.88.93-93.90 Crores ("Public Issue") out of which 2,52,000* equity shares of face value of Rs. 10 each, at an issue price of Rs. 179-189 per equity share for cash, aggregating Rs. 4.51-4.76 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of 47,16,000* equity shares of face value of Rs. 10 each, at an issue price of Rs. 179-189 per equity share for cash, aggregating upto Rs. 84.42-89.13 Crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.44% and 25.10% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 179 to Rs. 189 per equity share of face value Rs. 10 each. The floor price (Rs.179) is 17.90 times the face value of the equity shares and the cap price (Rs.189) is 18.90 times of the face value of the equity shares. Bids can be made for a minimum of 1200 equity shares and in multiples of 600 equity shares thereafter.
Issue
Opens On Closes On
13-Aug-26 17-Aug-26
Money Payable On
Application Allotment
179.00 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 600
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 HEM Securities Limited
Project Financed through Current Offer (.Cr) 88.93  
Post Issue Equity Share Capital (.Cr) 18.79
Issue Price () 179.00
Projects
Investment in the company wholly owned subsidiary, Credent Healthcare Private Limited to meet its working capital requirement
Investment in the company 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 its Company
General corporate purposes
Promoted By
Ashok Kumar Sharma
Karan Sharma
Tarun Sharma
Listing At
NSE - SME
Registrar to the Issue
KFin Technologies Ltd
Top

Attention Investor:

Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.