Niva Market Watch

Credent Connect N Care Limited IPO

listed · NSE · Bookbuilding IPO

Credent Connect N Care Limited IPO was a ₹93.90 crore book-built issue on NSE with a price band of ₹179–₹189 per share, open for bidding from 13 Aug 2026 to 17 Aug 2026.

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Company overview

Website
https://c3logistics.co.in/

IPO overview

Credent Connect N Care Limited raised ₹93.90 crore through a book-built issue, made up entirely of new shares, so the proceeds go to the company.

Bids were accepted within a price band of ₹179–₹189 per share; the final issue price is set within this band after bidding closes.

The shares listed on NSE on 20 Aug 2026.

Hem Securities Ltd. was the book-running lead manager and Kfin Technologies Ltd. is the registrar, which processes applications, allotment and refunds.

Issue type
Bookbuilding IPO
Issue structure
Fresh capital only
Issue size
₹93.90 crore
Price
₹179–₹189 per share
Exchange
NSE
Lead manager
Hem Securities Ltd.
Registrar
Kfin Technologies Ltd.

IPO timeline

  1. Bidding opens 13 Aug 2026
  2. Bidding closes 17 Aug 2026
  3. Basis of allotment 18 Aug 2026
  4. Refunds / unblocking 19 Aug 2026
  5. Shares credited to demat 19 Aug 2026
  6. Listing 20 Aug 2026

Bidding ran from 13 Aug 2026 to 17 Aug 2026.

After bidding, the basis of allotment was due on 18 Aug 2026, refunds / unblocking of funds were due on 19 Aug 2026 and shares were due to be credited to demat accounts on 19 Aug 2026.

The shares listed on 20 Aug 2026.

Subscription summary

By the close of bidding, the issue was subscribed 153.13× overall (last figure recorded 17 Aug 2026).

A full category-wise breakdown is not available for this figure, so only the overall multiple is shown.

Recorded day by day: 13 Aug 2.18×, 14 Aug 12.14×, 15 Aug 12.14×, 16 Aug 12.14× and 17 Aug 153.13×.

Bids were received for 153.13× the shares available, so not every applicant in an oversubscribed category will receive shares.

Grey market premium (unofficial)

The last grey market premium (GMP) we recorded for this issue was ₹85 on 19 Aug 2026, equal to 45.0% of the upper price band.

Across 9 readings between 11 Aug 2026 and 19 Aug 2026, the quoted GMP ranged from ₹35 to ₹85.

We do not yet record actual listing prices, so this page does not compare the GMP with where the shares opened.

  • GMP is unofficial: it is not published or verified by NSE, BSE or SEBI, changes quickly, and is not a forecast or guarantee of the listing price.

Allotment

The basis of allotment was due on 18 Aug 2026. Applicants can check their status using their PAN, application number or demat account details.

The registrar, Kfin Technologies Ltd., processes allotment; check status on its website or the exchange's application-status page.

Offer documents

Where the offer document differs from any figure on this page, the document prevails.

Sources and data methodology

NSE & BSE public-issue data; Chittorgarh and InvestorGain (fill gaps only); InvestorGain live subscription report (third-party); InvestorGain grey market report (unofficial); Chittorgarh allotment calendar. Methodology · Report an error

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