Credent Connect N Care IPO Day 2 Subscription Status: 12.05x

Mumbai, Aug 14: Credent Connect N Care IPO continued to attract bids on the second day of subscription, with the overall issue subscribed 12.05 times as of 5:30:01 PM on August 14, 2026. The IPO opened on August 13 and will close on August 17. 

The book-built issue comprises 49,68,000 equity shares and is entirely a fresh issue. The price band is ₹179 to ₹189 per share, while the lot size is 600 shares. 

Credent Connect N Care IPO Day 2 Subscription Status 

As of 5:30:01 PM on August 14, 2026, the IPO had received bids for 3,99,16,200 shares against 33,12,000 shares offered across the public categories. Retail investors recorded the highest subscription at 16.26 times, followed by NII/HNI investors at 9.71 times and QIB investors excluding anchors at 6.45 times. 

Shares offered and total amount are calculated based on the upper end of the price band. Anchor and market maker portions are excluded from the public subscription figures. 

Category-wise Credent Connect N Care IPO Subscription Status 

Demand was strongest in the retail segment on Day 2. Within the NII/HNI category, sNII investors recorded a higher subscription than bNII investors. 

Credent Connect N Care Day’s Wise Subscription Summary 

The IPO had closed its first day with 2.18 times subscription. By Day 2, the overall subscription had risen to 12.05 times, with all three public investor categories recording higher subscription levels than on the opening day. 

Credent Connect N Care IPO Timeline 

Brief Overview Of The IPO 

Credent Connect N Care IPO comprises 49,68,000 equity shares with a face value of ₹10 each. The price band is ₹179 to ₹189 per share, taking the issue size to approximately ₹93.90 crore at the upper price band. 

Of the total issue, 2,52,000 shares are reserved for the market maker. The net offer to the public comprises 47,16,000 shares. The public portion includes 23,52,000 shares for QIBs, 7,08,000 shares for NII/HNI investors and 16,56,000 shares for retail investors. 

The minimum retail application is for 1,200 shares, requiring ₹2,26,800 at the upper price band. The minimum HNI application is for 1,800 shares, amounting to ₹3,40,200. 

Credent Connect N Care operates in the healthcare services segment. The company provides healthcare-related services through its business operations, with the IPO proceeds forming part of its stated fresh issue. 

Hem Securities Ltd. is the book running lead manager, Kfin Technologies Ltd. is the registrar to the issue and Hem Finlease Pvt. Ltd. is the market maker. The equity shares are proposed to be listed on the NSE SME platform. 

Source

• https://www.chittorgarh.com/ipo_subscription/credent-connect-ipo/2991/