About Credent Connect N Care Ltd IPO
Incorporated in June 2015 as Credent Cold Chain Logistics Private Limited, Credent Connect N Care Limited is a healthcare services and logistics company providing technology-enabled solutions to healthcare institutions across India. The company follows a B2B model and serves diagnostic laboratories, IVD and pharmaceutical companies, hospitals, clinics, and other healthcare businesses.
Its services cover home sample collection through trained phlebotomists, laboratory and paramedical manpower, diagnostic support, healthcare logistics, supply chain management, corporate wellness programmes, and technology-enabled courier aggregation through its C3 Post platform. The company also handles temperature-sensitive and time-critical transportation of diagnostic samples, medical supplies, reagents, and other healthcare consignments.
Credent Connect N Care has a pan-India presence supported by warehouses, branch offices, commercial vehicles, field teams, and technology platforms for tracking and workforce management. Through its C3 Wellness brand, it also provides health camps, vaccination programmes, preventive health check-ups, radiology and diagnostic services, and healthcare manpower solutions.
As of March 31, 2026, the company had 6,338 employees, including 4,052 payroll employees and 2,286 contractual employees. Its capabilities have also been strengthened through acquisitions of Credent Healthcare Private Limited, Credent Team Private Limited, and Alltrak Technologies Private Limited. The company holds ISO 9001:2015 and ISO 15189:2022 certifications and is supported by an experienced promoter-led management team.
Incorporated in June 2015 as Credent Cold Chain Logistics Private Limited, Credent Connect N Care Limited is a healthcare services and logistics company providing technology-enabled solutions to healthcare institutions across India. The company follows a B2B model and serves diagnostic laboratories, IVD and pharmaceutical companies, hospitals, clinics, and other healthcare busi
Credent Connect N Care IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 17,82,000 crores |
| Non-Institutional Investors (NIIs) | 35% | 12,47,400 crores |
| Retail Individual Investors (RIIs) | 15% | 5,34,600 crores |
Credent Connect N Care IPO Strengths & Weaknesses
Integrated platform combining healthcare logistics, diagnostics, manpower, and workforce solutions.
Pan-India presence serving a broad range of healthcare institutions.
Expertise in cold-chain and time-sensitive healthcare transportation.
Technology-enabled operations supported by C3 Post and C3 HRMS.
Diversified services across logistics, diagnostics, manpower, and corporate wellness.
Strategic acquisitions that have expanded its healthcare and logistics capabilities.
Experienced management team with knowledge of the healthcare services industry.
The company depends significantly on its top 10 customers, without firm commitments, making revenue vulnerable to the loss of major clients.
Its business is closely linked to diagnostic and healthcare companies, so lower testing volumes or reduced outsourcing could affect performance.
Delays, damage, contamination, or loss of diagnostic samples during transportation could result in financial claims and reputational damage.
Service contracts are subject to renewal and renegotiation, and losing or renewing them on unfavourable terms could impact revenue and profitability.
Credent Connect N Care IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 18 Aug '26 | 20 Aug '26 | 19 Aug '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 35,64,000 shares (aggregating up to ₹2,26,800 crores) |
| Fresh Issue | 4,71,600 shares (aggregating up to ₹47,16,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 94.23 shares |
| Post-Issue Shareholding | 0 shares |
Credent Connect N Care IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Credent Connect N Care ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Credent Connect N Care IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Credent Connect N Care IPO Contact & Registrar Details
Contact Details
Address
B-3 Second Floor Nimri Commercial Complex New Delhi
Phone Number
Website
Registrar Details
Registrar Name
Kfin Technologies Ltd.
Phone Number
Credent Connect N Care Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Hem Securities Ltd |
