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News Details

( As on 10/08/2026 16:03)

Credent Connect N announces launch of initial public offering

Credent Connect N Care Ltd. has announced public offering of 4968000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 179.00 per share. The gross proceeds of the issue are expected to be Rs 9,389.52 lakhs.

The company's initial public offer (IPO) will open on 13 August 2026 and is expected to close on 17 August 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 179.00-189.00 per share.

The IPO includes a fresh Issue of 4968000 Equity Shares of the Company at an price of Rs 189.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.

Credent Connect N Care Ltd. anticipates using the proceeds of the issue for .

Hem Securities Limited as lead manager & KFin Technologies Ltd. is the registrar, to the issue.