IPO IPO-Synopsis
Credent Connect N Care Ltd

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Registered Office: B-3 2nd Flr Nimri Com.Complex,Ashok Vihar Phase-4 , New Delhi - 110052 , Delhi , India.
Phone : +91 99717 77199   Fax:
Email :  cs@c3logistics.co.in  
Website :  https://c3logistics.co.in/
Initial public offer of upto 49,68,000* equity shares of face value of Rs10 each (the "Equity Shares") of Credent Connect N Care Limited (formerly known as Credent Cold Chain Logistics Private Limited) ("the Company" or "Credent" or "the Issuer") at an issue price of Rs179-189 per equity share (including share premium of Rs169-179 per equity share) for cash, aggregating up to Rs88.93-93.90 Crores ("Public Issue") out of which 2,52,000* equity shares of face value of Rs10 each, at an issue price of Rs179-189 per equity share for cash, aggregating Rs4.51-4.76 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of 47,16,000* equity shares of face value of Rs10 each, at an issue price of Rs179-189 per equity share for cash, aggregating upto Rs84.42-89.13 Crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.44% and 25.10% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs179 to Rs189 per equity share of face value Rs10 each. The floor price (Rs179) is 17.90 times the face value of the equity shares and the cap price (Rs189) is 18.90 times of the face value of the equity shares. Bids can be made for a minimum of 1200 equity shares and in multiples of 600 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
13-Aug-26 17-Aug-26 Rs179.00-189.00 Rs0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :600

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
HEM Securities Limited
Project Financed through Current Offer 88.93  
Post Issue Equity Share Capital 18.79  
Issue Price Rs179.00  
Projects
Investment in the company wholly owned subsidiary, Credent Healthcare Private Limited to meet its working capital requirementRepayment and/or repayment, in full or part, of borrowing availed by its Company
Investment in the company wholly owned subsidiary, Credent Healthcare Private Limited to finance its capital expenditure requirements for machineryGeneral corporate purposes
To meet Working Capital Requirements
Promoted By
Ashok Kumar Sharma
Karan Sharma
Tarun Sharma
Listing At
NSE - SME 
Registrar to the Issue
KFin Technologies Ltd