IPOs Details

SME

Credent Connect N Care Limited

CREDENT • BSE, NSE

LISTED

Issue details

Price band

₹179 - ₹189

Lot size

600 shares

Issue size

₹67.36 Cr

Min. investment

₹1,13,400

Registrar

KFin Technologies

Grey market premium

Est. gain

+₹92 · 49%

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IPO Timeline

  1. Open

    13 Aug

  2. Close

    17 Aug

  3. Allotment

    18 Aug

  4. Listing

    20 Aug

Refunds & demat credit
19 Aug 2026
Mandate end
1 Sep 2026

We calculate these dates from the allotment and close dates, so please treat them as indicative.

Application size

CategoryMinimumMaximum
Retail

600shares

1 lot · ₹1,13,400

600shares

1 lot · ₹1,13,400

HNI

1,200shares

2 lots · ₹2,26,800

No limit

funds permitting

Based on the upper price band of ₹189 and a lot of 600 shares.

Subscription

QuotaShares offeredShares bidApplicationsSubscribed
Total50,74,35,0002,30,223

Last updated 23 days ago.

Issue structure

Face value

₹10 per share

Issue type

Bookbuilding IPO

Sale type

Fresh capital only

Fresh issue

₹89 Cr

47,16,000 shares

Shares pre-issue

1,32,54,900

Shares post-issue

1,82,22,900

Valuation & ratios

MetricPre-IPOPost-IPO
EPS13.9210.12
P/E13.5818.68
Market cap₹251Cr.₹344.41 Cr
KPIMar 31, 2026Mar 31, 2025
ROE61.81%15.20%
ROCE40.00%16.96%
Debt/Equity0.500.47
RoNW42.13%14.13%
PAT Margin8.61%2.88%
EBITDA Margin13.29%6.41%
NAV33.1215.59
Price to Book Value5.7112.12

Financials

Metric31 Mar 202531 Mar 2024
Total income78.2376.02
Profit after tax2.252.66
EBITDA4.994.3
Net worth15.913.66
Assets29.526.41
Reserves & surplus15.713.46
Total borrowing7.426.85

Figures in ₹ crore, as reported by the company in its offer document.

Objects of the issue

  1. 1.Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to meet its working capital requirement₹26.8 Cr
  2. 2.Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to finance its capital expenditure requirements for machinery₹3 Cr
  3. 3.To meet Working Capital Requirements₹37 Cr
  4. 4.Repayment and/or repayment, in full or part, of borrowing availed by the Company₹6 Cr
  5. 5.General corporate purposes

What the company says it intends to do with the money raised.

Issue fundamentals compiled from the company's offer document via Chittorgarh, last read 11 Aug 2026. Always verify against the RHP before applying.