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The Economic Times
The Economic Times
Ritesh Presswala

Credent Connect N Care raises Rs 26.53 crore from 10 anchor investors; Sunil Singhania's Abakkus Asset among top investors

Abakkus Sunil Singhania IPO Ashish Kacholia India

Credent Connect N Care has raised Rs 26.53 crore from 10 anchor investors, signalling strong institutional interest in the healthcare logistics company ahead of its initial public offering (IPO) opening.

The company completed its anchor allocation on August 12, a day before the IPO opened for public subscription. It allotted 14.04 lakh shares to anchor investors at the upper end of the price band of Rs 189 per share. The IPO opened today, August 13, and will remain open for subscription until August 17.

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