InCred Holdings IPO: Company Files for ₹3,000-₹4000 Crore IPO via Confidential Pre-Filing Route
By Shishta Dutta | Published at: Nov 10, 2025 10:28 AM IST

Mumbai, November 10: InCred Holdings’ IPO will soon hit the stock market. InCred Holdings, the parent entity of non-banking financial company (NBFC) InCred Financial Services, has announced that it has filed its IPO papers with the Securities and Exchange Board of India (SEBI), through the confidential pre-filing route. It aims to raise between ₹3,000-₹4,000 crore through launching the InCred IPO.
InCred Holdings is the parent company of the InCred Group. It is a diversified financial services company. The company was established in 2016 and is headquartered in Mumbai, Maharashtra.
A New Milestone for InCred Holdings
The filing of IPO papers for InCred Holdings marks a key development for the Bhupinder Singh-led InCred Group. Since its inception, the company has disbursed loans totaling over ₹25,000 crore to more than 4 lakh customers. It operates through a network of 140 branches and has over 2,600 employees.
InCred Holdings Financial Highlights
For FY25, the company reported a profit after tax (PAT) of ₹372 crore, up 18% year-on-year. Total income rose 50% to ₹1,255 crore. The company’s assets under management (AUM) jumped 39% YoY to ₹12,585 crore. The company’s balance sheet was strong with a capital adequacy ratio of 26% and a net NPA of 0.7%.
What’s Ahead for InCred Holdings IPO?
InCred Holdings has followed companies such as NoPaperForms, Shadowfax Technologies, Shiprocket, Tata Capital, PhysicsWallah, and Imagine Marketing by filing its IPO papers through the confidential pre-filing route. This will allow the company to improve its IPO issue before disclosing key information to the general public. Investors will now wait for the company to announce key details and dates about the InCred Holdings IPO.
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