Credent Connect IPO 2026: Price Band, Dates, Lot Size & Key Details

Credent Connect IPO 2026: Price Band, Dates, Lot Size & Key Details

Credent Connect N Care Limited, a healthcare services and logistics company, is launching its SME IPO in August 2026. This guide lays out the price band, dates, lot size, and other factual details a beginner needs to follow the offer, along with useful context for more experienced readers. Nothing in this article is a recommendation to apply for or avoid the issue.

What is Credent Connect N Care Limited?

Credent Connect N Care Limited was incorporated in June 2015. It is an integrated healthcare services and logistics provider offering technology-enabled operational, workforce, and supply-chain solutions to healthcare institutions across India. The company follows a B2B model, serving diagnostic laboratories, in vitro diagnostics (IVD) companies, pharmaceutical companies, hospitals, and clinics.

Its service portfolio spans home sample collection, phlebotomy, and laboratory manpower services; diagnostic and paramedical support; healthcare logistics and supply-chain management; and corporate wellness programs under its “C3 Wellness” brand. The company has a pan-India presence supported by warehouses, branch offices, commercial vehicles, field teams, and technology platforms for tracking and workforce management and has grown through acquisitions including Credent Healthcare Private Limited, Credent Team Private Limited, and Alltrak Technologies Private Limited. As of March 31, 2026, it had 6,338 employees, comprising 4,052 payroll employees and 2,286 contractual staff. Its operations are supported by ISO 9001:2015 and ISO 15189:2022 certifications.

Credent Connect IPO: Key Details

The table below summarizes the core facts of the issue as announced by the company.

Price band vs. fixed price: what it means here

Unlike a fixed-price issue, this IPO is book-built with a price band of ₹179 to ₹189. Applicants can bid at any price within this range (or opt for the “cut-off price," which is the price finally discovered through the bidding process), and the final issue price is decided once bidding closes based on investor demand across categories.

Business Snapshot

• Sector: Healthcare services and logistics (B2B model).

• Core services: Home sample collection, phlebotomy, lab manpower, diagnostic/paramedical support, healthcare logistics, and supply-chain management.

• Consumer-facing brand: C3 Wellness — health camps, vaccination programs, preventive check-ups, radiology, and diagnostics.

• Workforce: 6,338 employees as of March 31, 2026 (payroll + contractual).

• Certifications: ISO 9001:2015 and ISO 15189:2022.

• Growth strategy: Expansion supported through acquisitions of related healthcare and technology businesses.

Indicative IPO Timeline

These dates are as announced ahead of the issue opening. The basis of allotment, refund, and listing dates are finalized by the exchange and registrar after bidding closes and can shift; investors should verify final dates on the NSE website or the registrar's portal (KFin Technologies) rather than relying on indicative estimates.

Lot Size and Minimum Investment

The market lot for this issue is 600 equity shares. For retail investors, the minimum application is set at 2 lots (1,200 shares), which works out to approximately ₹226,800 at the upper end of the price band. High Net-worth Individual (HNI) applicants have a minimum entry point of 3 lots (1,800 shares), or roughly ₹340,200 at the upper band. Applications can be made online through UPI or ASBA (Application Supported by Blocked Amount) via a bank or broker platform.

What Makes This an “SME IPO”?

Credent Connect is proposed to be listed on the NSE SME platform rather than the mainboard. SME (Small and Medium Enterprise) platforms operate under a distinct SEBI framework designed for smaller companies and typically feature the following:

• Higher minimum lot sizes compared with mainboard IPOs, which narrows the investor base.

• A designated market maker that provides two-way quotes to support post-listing liquidity.

• Comparatively lower trading volumes and wider bid-ask spreads than mainboard-listed stocks.

• Disclosure and reporting norms that differ in some respects from mainboard-listed companies.

These are structural features common to SME IPOs generally, not specific commentary on this company's prospects.

Points Worth Verifying Before Reading Further Into the IPO

• Read the prospectus filed with the exchange for full risk factors, related-party transactions, and litigation disclosures.

• Confirm live subscription numbers and category-wise demand only from the NSE website, not from unofficial grey-market or “GMP” sources.

• Check allotment status directly on the registrar's (KFin Technologies) website once the basis of allotment is finalized.

• Note that SME-platform shares can be less liquid after listing than mainboard shares.

Frequently Asked Questions

1. What is the price band of the Credent Connect IPO?

The price band is set at ₹179 to ₹189 per equity share of face value ₹10. It is a book-built issue, so the final price is discovered through the bidding process within this range.

2. What are the Credent Connect IPO opening and closing dates?

The issue opens for subscription on Thursday, August 13, 2026, and closes on Monday, August 17, 2026.

3. What is the lot size for the Credent Connect IPO?

The market lot is 600 equity shares. Retail investors must apply for a minimum of 2 lots (1,200 shares), amounting to approximately ₹226,800 at the upper price band.

4. What is the minimum investment required for HNI applicants?

HNI applicants have a minimum entry of 3 lots (1,800 shares), which works out to approximately ₹340,200 at the upper end of the price band.

5. What is the total size of the Credent Connect IPO?

The issue is a fresh issue of 4,968,000 equity shares, aggregating to approximately ₹93.9–94 crore.

6. On which exchange will Credent Connect shares be listed?

The company proposes to list on the NSE SME platform, a separate segment of the exchange meant for small and medium enterprises.

7. When is Credent Connect IPO expected to list?

Based on the announced timeline, the basis of allotment is expected on August 18, 2026, with listing tentatively scheduled for August 20, 2026, subject to confirmation by the exchange.

8. What does Credent Connect N Care Limited do?

It is a healthcare services and logistics company offering home sample collection, phlebotomy, lab manpower, diagnostic and paramedical support, healthcare logistics, supply-chain management, and corporate wellness services through its C3 Wellness brand.

9. Who are the lead manager and registrar for this IPO?

Hem Securities Limited is the book-running lead manager, and KFin Technologies Limited is the registrar. Hem Finlease Private Limited acts as the market maker.

10. How can investors apply for the Credent Connect IPO?

Applications can be made online through UPI or ASBA (Application Supported by Blocked Amount), typically via a bank's net banking portal or a broker's trading platform, by specifying the number of lots and bid price within the band.

Disclaimer:

This is written for educational and informational purposes only. Nothing here constitutes investment advice or a recommendation to buy or sell securities. All data is sourced from publicly available information. Investments in securities markets are subject to market risks — please read all offer documents carefully before investing.