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Credent Connect N Care IPO | Analysis | GMP | Review

This video analyzes the IPO of Credent Connect N Care (CDNT), also known as C3 Logistics. The company operates on a B2B model, providing logistics services and setting up laboratory services for new clinics. They also offer sample collection and transportation. The creator notes that there isn't a directly listed comparable company in India and expresses concern about the IPO's valuation, suggesting that lead managers often create confusion around pricing. The company plans to use IPO funds for working capital and subsidiary investments, with promoters retaining a majority stake.

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GXONeutralLow ConvictionResearch Only

C3 Logistics is mentioned as an alternative name for Credent Connect N Care, which is undergoing an IPO.

NNBRNeutralLow ConvictionSignal-backedPrimary

The IPO of Credent Connect N Care (CDNT) is analyzed, with concerns raised about its valuation and the lead managers' approach to pricing.

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