Credent Connect IPO

Healthcare Logistics & Services - Listed on 20 August 2026

+90.0% listing gain
Issue Price (Upper)
Rs 189
Listing Price
Rs 359.1
Closing Price (NSE)
Rs 377.05
Total Subscription
153.21x

Credent Connect IPO listing summary

Credent Connect (Healthcare Logistics & Services) closed its IPO window in 2026 and listed on NSE and BSE on 20 August 2026 at an upper band issue price of Rs 189, opening at Rs 359.1 for a listing gain of +90.0% and closing day one at Rs 377.05 (+99.5% on closing basis). The IPO was subscribed 153.21x overall - QIB 130.40x, HNI/NII 217.33x, Retail 138.86x. The total issue size was Rs 93.9 Cr (Fresh Issue Rs 93.9 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+90.00%
Listing Gain (Close)
+99.50%
Day Change After Listing
+5.00%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB130.40x
HNI / NII217.33x
Retail138.86x
Overall153.21x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 12.15x
Day 212.08x
Day 3 (Final)153.21x

Credent Connect IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 45+23.81%
Day 2Rs 62+32.80%
Day 3Rs 42+22.22%
Day 4Rs 47+24.87%
Day 5Rs 47+24.87%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
22.2%-32.8%
IPOGyani AI Prediction
-
Actual Listing Gain
+90.0%

Issue & financials

Issue SizeRs 93.9 Cr
Fresh IssueRs 93.9 Cr
OFSRs 0 Cr
IPO PE13.55
Peer / Sector PE-
PE vs Sector Ratio-
Latest EBITDA (Cr)13.29
Debt / Equity0.50

Market context at listing

How the broader market moved around the Credent Connect IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.23%
Nifty 1W Return-0.67%
Nifty 1M Return+0.98%
Nifty during IPO window-0.44%

Credent Connect IPO - FAQs

What was the listing gain of Credent Connect IPO?

Credent Connect IPO listed at +90.0% versus the upper issue price of Rs 189 on 20 August 2026.

How many times was Credent Connect IPO subscribed?

Credent Connect IPO was subscribed 153.21x overall. QIB portion was subscribed 130.40x, HNI / NII 217.33x and Retail 138.86x.

What was the IPO GMP for Credent Connect?

IPO GMP started at Rs 45 on Day 1 and moved to Rs 47 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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