IPO
IPO Synopsis Credent Connect N Care Ltd
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 issue of upto 49,68,000 equity shares of face value of Rs. 10 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 Rs. 189 per equity share (including share premium of Rs. 179 per equity share) for cash, aggregating up to Rs. 93.90 Crores ("Public Issue") out of which 2,52,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 189 per equity share for cash, aggregating Rs. 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 Rs. 10 each, at an issue price of Rs. 189 per equity share for cash, aggregating upto Rs. 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: Rs. 189 per equity share of face value Rs. 10 each. The floor price (Rs.189) 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  189.00-0.00  0.00-0.00
Minimum Application for shares in Nos :  1200   Further Multiples of :  600
  Rs Cr Lead Managers to the Issue
Project Cost  81.72 HEM Securities Limited
Project Financed through Current Offer  93.90  
Post Issue Equity Share Capital  18.79  
Issue Price  189.00  
Projects
 Investment in the company wholly owned subsidiary, Credent Healthcare Private Limited to meet its working capital requirement  Investment in the company wholly owned subsidiary, Credent Healthcare Private Limited to finance its capital expenditure requirements for machinery
 To meet Working Capital Requirements  Repayment and/or repayment, in full or part, of borrowing availed by its Company
 General corporate purposes
Promoted By
 Ashok Kumar Sharma
 Karan Sharma
 Tarun Sharma
Listing At
 NSE - SME
Registrar to the Issue
 KFin Technologies Ltd
 
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