Credent Connect N Care IPO – GMP, Review, Share Price, Subscription, and Details
IPOGMPTracker Team
Aug 13, 2026 · 3 min read
Credent Connect N Care IPO – GMP, Review, Share Price, Subscription, and Details
Complete analysis of the Credent Connect N Care SME IPO, including price band ₹179–189, live GMP of ₹52, financials, issue details, and subscription trends.
1.Company Overview
Credent Connect N Care Limited is a transport and logistics company incorporated in 2015 with its headquarters in New Delhi, India. The company provides integrated transport solutions, full truckload (FTL) and part truckload (PTL) operations, and specialized healthcare logistics services through its wholly owned subsidiary, Credent Healthcare Private Limited.
2.Issue Details at a Glance
| Detail | Value |
|---|---|
| Bidding Dates | Aug 13 – Aug 17, 2026 |
| Price Band | ₹179–189 per equity share |
| Lot Size | 600 shares |
| Minimum Investment | ₹2,26,800 (1,200 shares / 2 lots) |
| Issue Size | ₹93.90 Cr |
| Allotment Date | Aug 18, 2026 |
| Listing Date | Aug 20, 2026 |
| Board | NSE SME (Emerge) |
| Lead Manager | Hem Securities Limited |
| Registrar | KFin Technologies Limited |
3.Objects of the Issue
- Investment in Credent Healthcare Pvt. Ltd. (Working Capital): ₹26.80 Cr for working capital requirements of the subsidiary
- Investment in Credent Healthcare Pvt. Ltd. (Capex): ₹3.00 Cr for financing machinery and equipment
- Standalone Working Capital Requirements: ₹37.00 Cr to support business expansion
- Debt Repayment / Prepayment: ₹6.00 Cr to repay existing credit facilities and reduce interest burden
- General corporate purposes: supporting strategic corporate initiatives and issue-related expenses
4.Key Financials & Valuation
| Financial Metric | Value |
|---|---|
| Market Capitalization | ₹344.41 Cr |
| Pre-IPO EPS | ₹13.92 |
| Post-IPO EPS | ₹10.12 |
| Pre-IPO P/E Ratio | 13.58x |
| Post-IPO P/E Ratio | 18.68x |
| Return on Net Worth (RoNW) | 42.13% |
| PAT Margin | 8.61% |
5.Credent Connect N Care IPO GMP Today
Credent Connect N Care IPO GMP today is trading at ₹52 per share (roughly a 28% premium over the upper price band of ₹189), indicating an estimated listing price of ₹241 per share. Grey market premium is informal and unregulated, is not published by any exchange, and can fluctuate before listing — treat it as market sentiment rather than an exact forecast.
6.How to Apply for Credent Connect N Care IPO
- 1Open IPOGMPTracker or log in to your broker's trading app or bank net-banking ASBA portal.
- 2Search for "Credent Connect N Care IPO" in the list of active SME IPOs.
- 3Select the number of lots (minimum 2 lots / 1,200 shares for retail investors) and enter your bid at the cut-off price of ₹189.
- 4Submit your bid and approve the UPI mandate request on your UPI app to block the funds.
Allotment is expected to be finalised on Aug 18, 2026. Once published, you can check your allotment status on the Credent Connect IPO allotment status page.
7.How to Track Subscription & Allotment
- Live subscription: Track category-wise bidding on the Credent Connect IPO subscription page
- Allotment status: Check your application on the IPO allotment status page
- Full IPO details: Review issue parameters, reservations, and company information on the Credent Connect IPO details page
- More issues: Browse current IPOs, upcoming IPOs, and the IPO event calendar
8.Conclusion
Credent Connect N Care Limited's ₹93.90 Crore NSE SME issue is open for subscription from August 13 to August 17, 2026, at ₹179–189 per equity share. With a strong Return on Net Worth of 42.13%, healthy PAT margin of 8.61%, and active GMP demand of ~28%, the issue presents a notable opportunity in the logistics sector. Investors should review the offer documents in full and consult a financial advisor before investing.
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