Credent Connect N Care IPO listing: Shares debut at a solid 90% premium on NSE SME, hit upper circuit
New Delhi, Aug. 20 -- Credent Connect N Care IPO listing: Ashish Kacholia-owned Credent Connect N Care made a stellar debut on the NSE SME on Thursday, 20 August. Credent Connect shares were listed at Rs.359.10 on the NSE SME, a premium of 90% over the issue price of Rs.189.
Soon after a bumper listing, the stock extended gains to hit its upper circuit of Rs.377.05, jumping almost 100% from the issue price.
The stock's listing exceeded grey market expectations, with the grey market premium (GMP) on Credent Connect N Care shares, as per grey market sources, at Rs. 92 on Thursday morning, suggesting the stock could list at Rs.281, at a premium of 48.68%.
Credent Connect N Care is a healthcare services provider engaged in delivering integ...
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