Credent Connect IPO GMP Today, Price & Details
Credent Connect IPO GMP Today, Price Band, Subscription Status, Allotment & Listing Details
About Credent Connect
Credent Connect is making its debut on the NSE SME platform, operating within the IT and software services sector. The company is focused on providing IT infrastructure management and support services, aiming to be a reliable partner for businesses seeking to optimize their technology operations. With an issue size of ₹94 Cr, the IPO represents a significant step for the company as it looks to scale its operations and enhance its market presence. The fresh issue component of ₹93.9 Cr indicates that the majority of the funds raised will be channeled back into the company for growth initiatives.
Financially, Credent Connect reported revenues of ₹90.03 Cr with a Profit After Tax (PAT) of ₹7.61 Cr in its latest disclosed financials. This translates to an Earnings Per Share (EPS) of ₹8211 and a notable Return on Net Worth (RONW) of 14.13%, alongside a Return on Capital Employed (ROCE) of 16.96%. The IPO structure is entirely a fresh issue, meaning no existing shareholders are cashing out, and all proceeds will bolster the company's balance sheet and operational capacity.
The company's competitive positioning will be key to its success in the dynamic IT services landscape. The substantial fresh issue of ₹93.9 Cr is earmarked for key strategic objectives, including funding working capital requirements and general corporate purposes, which are crucial for sustained growth and operational efficiency. This focus on internal development suggests a commitment to long-term value creation for its stakeholders.
Credent Connect IPO — Investment Analysis
The valuation of Credent Connect's IPO, with a price band of ₹179 to ₹189 per share and an EPS of ₹8211, presents an interesting case. The reported P/E ratio of a mere 0.02x is exceptionally low, suggesting that the issue might be priced very attractively from a valuation perspective, especially when compared to industry averages. However, it's crucial to scrutinize how this EPS was derived and if it's sustainable. The Net Asset Value (NAV) stands at ₹15.59, implying the issue is priced at a significant premium to its book value, which is common for growth-oriented companies, but the low P/E still raises questions that warrant deeper investigation.
From a financial health standpoint, Credent Connect shows some promising indicators. Its revenue stood at ₹90.03 Cr, with a PAT of ₹7.61 Cr, resulting in a healthy PAT margin. The EBITDA margin is reported at 6.41%. Furthermore, the company has delivered a RONW of 14.13% and a ROCE of 16.96%, both of which are respectable figures that indicate efficient utilization of shareholder funds and capital. These metrics suggest a business that is capable of generating profits and returns on its investments.
The growth outlook for Credent Connect appears tied to the broader IT services sector, which continues to see demand. The company's strategy to utilize the fresh issue proceeds for working capital and general corporate purposes is a standard approach for scaling operations. However, key risks include the inherent volatility of the SME sector, potential competition within the IT infrastructure management space, and the need to continuously adapt to technological advancements. The entirely fresh issue structure, while positive for capital infusion, means there's no immediate secondary market liquidity from OFS participants.
Subscription levels, once available, will be a significant indicator of market sentiment towards Credent Connect. Strong subscription from Qualified Institutional Buyers (QIBs) and High Net-worth Individuals (HNIs) often signals confidence in the company's fundamentals and future prospects, while robust retail participation reflects broader investor interest. Conversely, muted subscription could indicate investor caution or a lack of compelling narrative. Analyzing these subscription figures will provide valuable insights into how the market perceives the IPO's attractiveness relative to its price and the company's potential. Investors should consult a SEBI-registered financial advisor before making investment decisions.
Disclaimer: This analysis is auto-generated from publicly available financial data and should not be considered investment advice. Always consult a SEBI-registered financial advisor before making investment decisions.
Credent Connect IPO — Pros & Cons
Strengths
- The company has reported a respectable Return on Net Worth (RONW) of 14.13% and a Return on Capital Employed (ROCE) of 16.96%. These figures suggest that Credent Connect is effectively utilizing its equity and capital to generate profits, which is a positive sign for investors looking for efficient businesses.
- With revenues of ₹90.03 Cr and a Profit After Tax (PAT) of ₹7.61 Cr, the company demonstrates a clear revenue stream and profitability. This indicates a functioning business model capable of generating earnings, which is fundamental for any investment.
- The IPO is structured as a 100% fresh issue amounting to ₹93.9 Cr. This means all funds raised will go directly into the company, supporting its growth initiatives and working capital needs, rather than being used for promoter exits.
- The reported P/E ratio of 0.02x is exceptionally low, suggesting the IPO might be priced very attractively. If the underlying earnings are sustainable, this could offer significant upside potential for early investors.
- The company's NAV stands at ₹15.59, and the price band starts at ₹179. While this indicates a premium, the substantial fresh issue aims to fuel growth that could justify this valuation over time.
Risks
- The P/E ratio of 0.02x, while appearing attractive, is exceptionally low and might warrant further scrutiny of the EPS calculation and sustainability. An unusually low P/E can sometimes indicate underlying issues or a lack of investor confidence in future earnings.
- As an SME IPO, Credent Connect is subject to higher risks compared to mainboard listings. These include greater price volatility, lower liquidity, and potentially less stringent disclosure requirements, which could impact investor returns.
- The specific details of the IT infrastructure management and support services sector, including competitive intensity and technological disruption risks, are not deeply elaborated in the provided data. A lack of detailed sector analysis could mean unassessed market risks.
- While the fresh issue is positive for capital infusion, the company's reliance on general corporate purposes and working capital for the bulk of the funds means immediate, tangible project-specific utilization is not detailed, leaving room for execution risk.
- The provided financial data, while indicating profitability, is limited. A more comprehensive look at historical financial performance, debt levels, and cash flow statements would provide a more robust picture of the company's financial health and stability.
Credent Connect IPO Details
| Company Name | Credent Connect |
|---|---|
| IPO Type | SME |
| Exchange | NSE |
| Price Band | ₹179 - ₹189 |
| Face Value | ₹10 per share |
| Lot Size | 600 shares |
| Min Investment | ₹113,400 |
| Total Issue Size | ₹94.00 Cr |
|---|---|
| Fresh Issue | ₹93.90 Cr |
| Registrar | Kfin Technologies Ltd. |
| Lead Manager | Hem Securities Ltd. |
| IPO Status | Listed |
Credent Connect IPO Dates
Credent Connect IPO Subscription Status
Credent Connect IPO Listing Performance
Credent Connect IPO listed on NSE on 20 Aug 2026 at ₹359, a premium of 90% over the issue price of ₹189. Investors who received allotment made a profit of ₹102,060 per lot (600 shares) on listing day.
Credent Connect IPO — Key Highlights
- The company is raising a total of ₹94 Cr through its IPO, with ₹93.9 Cr coming from a fresh issue.
- Credent Connect reported revenues of ₹90.03 Cr and a Profit After Tax (PAT) of ₹7.61 Cr.
- The Return on Net Worth (RONW) stands at a healthy 14.13%, with a ROCE of 16.96%.
- The IPO features an exceptionally low P/E ratio of 0.02x, based on the provided EPS of ₹8211.
- The Net Asset Value (NAV) per share is ₹15.59, with a price band of ₹179 - ₹189.
- The lot size for retail investors is 600 shares.
Credent Connect Financial Performance
| Metric (₹ Cr) | FY 2023 | FY 2024 | FY 2025 | H1 FY 2026 |
|---|---|---|---|---|
| Revenue | 59.75 | 75.73 | 77.94 | 90.03 |
| Expenses | 56.19 | 72.43 | 75.23 | 80.00 |
| Net Income (PAT) | 2.70 | 2.66 | 2.25 | 7.61 |
| Margin (%) | 4.52% | 3.51% | 2.89% | 8.45% |
Credent Connect IPO Valuations & Key Metrics
Valuation Ratios
| EPS | ₹8,211.00 |
|---|---|
| P/E Ratio | 0.02x |
| NAV | ₹15.59 |
| Current Ratio | 8,211.00 |
| Debt/Equity | 0.470 |
Return Metrics
| RONW (%) | 14.13% |
|---|---|
| ROCE (%) | 16.96% |
| EBITDA Margin | 6.41% |
Credent Connect IPO Reservation / Allocation
Credent Connect IPO Anchor Investors
| Bid Date | Coming soon |
|---|---|
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
Credent Connect IPO Lead Manager & Registrar
Book Running Lead Manager
Hem Securities Ltd.
IPO Registrar
Kfin Technologies Ltd.
Credent Connect IPO — Frequently Asked Questions
What is Credent Connect IPO GMP today?
As of today, the Grey Market Premium (GMP) for Credent Connect IPO is ₹47 per share, indicating a potential listing premium of 24.9% above the issue price of ₹189.
What is the price band and lot size of Credent Connect IPO?
Credent Connect IPO has a price band of ₹179 to ₹189 per equity share with a face value of ₹10. The minimum lot size is 600 shares, requiring a minimum investment of ₹113,400 at the upper band.
What are the important dates for Credent Connect IPO?
Credent Connect IPO opens for subscription on 13 Aug 2026 and closes on 17 Aug 2026. Allotment is expected on 18 Aug 2026. The shares are expected to list on NSE on 20 Aug 2026.
What is the investor category allocation in Credent Connect IPO?
The shares are reserved as follows — Qualified Institutional Buyers (QIB): 0.00%, Non-Institutional Investors (NII/HNI): 0.00%, and Retail Individual Investors: 35.11%.
How can I apply for Credent Connect IPO?
You can apply for Credent Connect IPO through your bank's net banking ASBA facility or via UPI-based application through any stockbroker platform. Ensure you have sufficient funds in your bank account as the amount will be blocked until allotment. The registrar for this IPO is Kfin Technologies Ltd..
What is the subscription status of Credent Connect IPO?
Credent Connect IPO has been subscribed 130.40 times overall. Retail category: 0.00x, NII/HNI: 0.00x, QIB: 130.40x.
What is Credent Connect IPO price band and lot size?
The Credent Connect IPO is open with a price band set between ₹179 and ₹189 per share. Each lot consists of 600 shares, meaning the minimum investment required for one lot is ₹113,400 (600 shares x ₹179). The face value of each share is ₹10.
Is Credent Connect IPO worth investing in?
Credent Connect presents a mixed picture with its IPO. On one hand, it boasts a very low P/E ratio of 0.02x and healthy return ratios like RONW of 14.13% and ROCE of 16.96%, alongside a substantial fresh issue of ₹93.9 Cr for growth.
On the other hand, the extremely low P/E warrants careful examination of the earnings basis, and as an SME, it carries higher inherent risks. Investors should weigh the potential for attractive valuation against these risks. Investors should consult a SEBI-registered financial advisor before making investment decisions.
What is Credent Connect IPO GMP today?
Grey Market Premium (GMP) for the Credent Connect IPO is an unofficial indicator reflecting demand in the grey market. While specific GMP figures fluctuate and are not provided here, a positive GMP suggests strong investor interest and potentially a listing gain. However, GMP is speculative and should not be the sole basis for investment decisions, as it can change rapidly and is not regulated.
How to apply for Credent Connect IPO?
You can apply for the Credent Connect IPO through the ASBA (Application Supported by Blocked Amount) facility via your bank or through your stockbroker using the UPI (Unified Payments Interface) mechanism. Ensure you have a demat account. Funds will be blocked in your account until the shares are allotted, and the registrar for this IPO is Kfin Technologies Ltd.