Credent Connect N Care IPO Financials, Risk Factors, Peers & Objects of Issue
An investor-focused breakdown of the Credent Connect N Care IPO offer document: restated financial performance, key ratios, valuation across the price band, competitive strengths, risk factors, listed peers, objects of the issue and the business model, all drawn from the company's RHP disclosures.
Back to the Credent Connect N Care IPO report → (allotment, subscription, GMP)
Credent Connect N Care IPO Key Performance Indicators (KPI)
ROE61.81%
RoCE40.00%
Return on Net Worth42.13%
Debt / Equity0.50
NAV per share33.12
Price to Book5.71
Reading these numbers. RoE and RoCE measure how efficiently the business turns shareholder capital into profit; anything in double digits is respectable, mid-twenties plus is strong. A debt-to-equity ratio well below 1 signals a balance sheet that does not depend on lenders. NAV per share anchors the book value of your bid, while price-to-book tells you how many rupees the issue is charging for each rupee of that book, compare it with listed peers in the same sector before deciding whether the premium is justified.
Credent Connect N Care IPO Valuation, Pre IPO vs Post IPO
The issue price converts into a different earnings multiple once the fresh shares hit the books. Here is the dilution-adjusted picture:
EPS (₹)13.92→ 10.12 post-IPO
P/E (x)13.58→ 18.68 post-IPO
Market Cap at offer₹251Cr→ ₹687.09 Cr post-IPO
Pre-IPO figures are computed on the pre-issue share count; post-IPO figures assume full subscription at the upper band.
Credent Connect N Care IPO Business Model
- Originally incorporated as Credent Cold Chain Logistics Private Limited on June 25, 2015 (CIN U63000DL2015PTC281994).
- Rendered services to subsidiary Alltrak Technologies: ₹130.33 lakhs (FY2026 consolidated), ₹869.38 lakhs (FY2025), ₹1416.34 lakhs (FY2024) per related party transactions.
- Consolidated revenue from operations ₹21,416.18 lakhs for year ended 31-03-2026; standalone ₹7,794.26 lakhs for 31-03-2025.
- Employee benefit expenses ₹8,460.82 lakhs (FY2026 consolidated) and trade receivables ₹5,882.73 lakhs as of 31-03-2026 indicate service-based model.
- Registered office at B-3, Second Floor, Nimri Commercial Complex, Ashok Vihar, Phase-4, New Delhi – 110 052, Delhi, India.
- No manufacturing capacity or plant details disclosed in excerpt; business structure includes subsidiaries named Healthcare, Technologies and Team.
Credent Connect N Care IPO Industry Snapshot
- Company acquired wholly owned equity shares in Credent healthcare Private Limited on 02nd April 2025, Alltrak Technologies Private Limited on 25th February, 2026, and Credent Team Private Limited on 25th December, 2025, indicating group entities in healthcare, technology, and team services.
Disclaimer: The financial data on this page is auto-extracted from the company's offer document (RHP/DRHP) and is provided for education only. DostIpo is not a SEBI-registered investment adviser; verify all figures against the official prospectus before making any investment decision. Investments in the securities market are subject to market risks.
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Last updated: 02 Sep 2026, 22:24 IST