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Credent Connect IPO IPO

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Listing
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Issue Size
49,68,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets29.5026.4119.49
Total Income78.2376.0259.93
Profit After Tax2.252.662.70
EBITDA4.994.300.41
NET Worth15.9013.6610.99
Reserves and Surplus15.7013.4610.79
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to meet its working capital requirement17.89
2Investment in the wholly owned subsidiary, Credent Healthcare Private Limited to finance its capital expenditure requirements for machinery2.05
3To meet Working Capital Requirements26.30
4Repayment and/or repayment, in full or part, of borrowing availed by the Company4.12
5General corporate purposes
Total50.36

About Credent Connect IPO

Incorporated on 2015, Credent Connect N Care Limited is a transport and logistics company and headquartered in New Delhi, India. It operates as an unlisted public limited company registered with the Registrar of Companies (ROC), Delhi. The company is primarily engaged in logistics, cold chain solutions, warehousing, and supply chain services, with a strong focus on sectors like healthcare, e-commerce, and business support services. It also undertakes activities related to transport support services, courier operations, and administrative support services. Credent positions itself as a B2B service provider, offering integrated solutions that combine logistics, technology, and healthcare support, including specialized delivery and distribution networks. The company provide Business to Business (B2B) Healthcare logistics services that involve the transportation of diagnostic samples from collection points to laboratories and between healthcare facilities & they also provide services to IVD companies for reagent movement from their C&F to labs. The company operate a smart courier aggregation platform, C3 Post, which provides pan-India pin-code coverage for bulk shipping. Competitive St

Contact Details

Credent Connect N Care Ltd. AddressB-3, Second Floor,Nimri Commercial Complex,Ashok Vihar, Phase-4,Delhi, New Delhi, 110052+91-9971777199cs@c3logistics.co.inVisit Website