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India’s InCred Holdings files draft prospectus for IPO as NBFC space revives

InCred Holdings taps Indian IPO market, reflecting renewed NBFC investor interest in retail finance growth.
Mumbai‑based non‑bank finance company InCred Holdings filed a draft prospectus today, signalling its intent to launch an initial public offering.
Since 2016 the company has disbursed over ₹25,000 crore (~US$2.84 billion) in loans and serves 400,000+ customers via 140+ branches.
The move comes amid heightened investor interest in India’s retail credit sector, and may serve as a barometer for NBFC listing appetite and consumer finance growth in the coming year.