Mumbai, Aug. 20 -- The scrip was listed at Rs 359.10, a 90% premium to the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 377.05 and a low of Rs 359.10. About 24.56 lakh shares of the company changed hands at the counter.

Credent Connect N Care's IPO was subscribed 142.37 times. The issue opened for bidding on 13 August 2026 and it closed on 17 August 2026. The price band of the IPO was fixed between Rs 179 to Rs 189 per share.

The IPO comprised fresh issue of 49,68,000 equity shares. The promoter and promoter group shareholding diluted to 63.67% from 87.52% pre-issue.

The company intends to utilize the net proceeds for investment in its who...