Weak fundamentals and premium/expensive valuation
SME IPOs are higher risk, less liquid and more volatile than mainboard IPOs. Invest only after reading the offer document and understanding the risks.
Credent Connect N Care IPO is open for subscription with a price band of 179-189. The company has shown revenue growth, but key valuation metrics are missing.
The company has shown revenue growth, but the lack of key valuation metrics and anchor investor data makes it difficult to assess its fundamentals.
The data provided is incomplete, with key valuation metrics, anchor investor data, and company profile information missing, which affects the overall assessment of the IPO.
+29.1%
Overall demand
Retail Queue
Institutional Queue
Non-Institutional
Subscribed
GYR Capital Market Maker
Merchant banker track record is not available.
Post-listing volume can be low. Trading takes place in large retail lots.
Top 5 customers account for more than 40% of revenues.
Scale of operations is relatively small, with minor audit flags.
Vibrant growth sector
Promoters group
Whole-time Directors & Promoter group
| Company | P/E (x) | ROE (%) | Revenue CAGR (3Y) | EBITDA Margin (%) | Market Cap (₹ Cr) |
|---|---|---|---|---|---|
| Credent Connect N Care (IPO) | -- | -- | 2.9% | 6.4% | -- |
Good / Improving metrics, margins and cash flows with comfortable leverage.
| Financial Year | Revenue (₹ Cr) | EBITDA Margin (%) | PAT (₹ Cr) | ROCE (%) | ROE (%) | Debt / Equity (x) |
|---|---|---|---|---|---|---|
| 2024 | ₹75.73 Cr | 5.66% | ₹2.66 Cr | 0.00% | 0.00% | 0.00x |
| 2025 | ₹77.94 Cr | 6.40% | ₹2.24 Cr | 0.00% | 0.00% | 0.00x |
Subscription Trend (Times)
GMP Trend (₹)
Ideal for investors who: