Minimum Investment
About Company
Company Name: Credent Connect N Care Limited
Industry / Sector: Healthcare Services & Logistics (Cold Chain, Workforce, Diagnostics & Corporate Wellness)
Founded Year: 2015
Promoters: Ashok Kumar Sharma, Karan Sharma, Tarun Sharma, Dimple Sharma, Tanveen
Credent Connect N Care is an integrated healthcare services and logistics provider offering technology-enabled operational, workforce and supply chain solutions to diagnostic labs, IVD companies, pharma companies, hospitals and clinics. Services include home sample collection, phlebotomy & laboratory manpower, diagnostic & paramedical services, cold-chain & time-sensitive healthcare logistics, corporate wellness (C3 Wellness) and courier aggregation via C3 Post platform. It operates pan-India with 6,338 employees (as of Mar 2026).
IPO Basic Details
| Company Name | Credent Connect N Care Limited |
| IPO Type | SME IPO |
| Price Band | ₹179 – ₹189 |
| Lot Size | 600 Shares |
| Total Issue Size | 49,68,000 Equity Shares (₹93.90 Cr) |
IPO Strengths & Risks
Strengths
- Integrated healthcare logistics, workforce and diagnostic platform
- Pan-India operational reach
- End-to-end cold-chain and time-sensitive logistics
- Technology-enabled operations (C3 Post, C3 HRMS)
- Diversified service portfolio
- Strategic acquisitions
- Experienced promoter-led management
Risks
- Dependence on healthcare institutional clients
- Competition in healthcare logistics and manpower services
- Working capital intensive business
- Execution risk on expansion and acquisitions
IPO Important Dates
| IPO Open Date | 13 Aug 2026 |
| IPO Close Date | 17 Aug 2026 |
| Basis of Allotment | 18 Aug 2026 |
| Refund Initiation | 19 Aug 2026 |
| Demat Credit Date | 19 Aug 2026 |
| Listing Date | 20 Aug 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – ₹6.00 Cr
- General corporate purposes – Balance Amount
Investor Reservation
| QIB Quota | Significant portion (approx. 50% of Net Issue) |
| Retail Quota | 35.11% of Net Issue |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lots | 1,200 | ₹2,26,800 |
| Retail Maximum | - | - | - |
| S-HNI Minimum | 3 Lots | 1,800 | ₹3,40,200 |
| S-HNI Maximum | - | - | - |
| B-HNI Minimum | 9 Lots | 5,400 | ₹10,20,600 |
Key Performance Indicators (KPI)
| ROE | 61.81% (Mar 2026) |
| ROCE | 40.00% (Mar 2026) |
| RoNW | 42.13% (Mar 2026) |
| PAT Margin | 8.61% (Mar 2026) |
| EBITDA Margin | 13.29% (Mar 2026) |
| EPS | - |
| NAV per share | - |
| Debt to Equity | 0.50 (Mar 2026) |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| FY2026 Consolidated (31 Mar 2026) | ₹81.57 Cr | ₹214.43 Cr | ₹18.45 Cr | ₹28.46 Cr | ₹43.79 Cr | ₹21.95 Cr |
| FY2025 Standalone (31 Mar 2025) | ₹29.50 Cr | ₹78.23 Cr | ₹2.25 Cr | ₹4.99 Cr | ₹15.90 Cr | ₹7.42 Cr |
| FY2024 Standalone (31 Mar 2024) | ₹26.41 Cr | ₹76.02 Cr | ₹2.66 Cr | ₹4.30 Cr | ₹13.66 Cr | ₹6.85 Cr |
Grey Market Premium
| GMP Price | Not Available |
| Kostak Rate | Not Available |
| Subject to Sauda | Not Available |
| Last Updated | Aug 2026 |
| Estimated Listing Price | TBA |
IPO Subscription Data
| Total Subscription | Pending |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: Kfin Technologies Ltd.
Registrar Website: https://ipostatus.kfintech.com/
IPO Lead Manager(s)
Company Information
Address: B-3, Second Floor, Nimri Commercial Complex, Ashok Vihar, Phase-4, Delhi, New Delhi 110052
Website: https://c3logistics.co.in/
Email: cs@c3logistics.co.in
Phone: +91-9971777199
IPO Documents
Frequently Asked Questions (FAQ)
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