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InCred Holdings files draft IPO papers seeking ₹3,000-4,000 crore raise
InCred Holdings submits IPO draft with target raise of ₹3,000–4,000 crore as it looks to expand its lending and wealth-management footprint.
Mumbai-based NBFC house InCred Holdings has filed confidential draft papers with Securities and Exchange Board of India (SEBI) for an initial public offering aimed at raising between ₹3,000 crore and ₹4,000 crore. The filing covers a fresh issuance of shares and an offer for sale by existing investors, signalling the firm’s intent to use public-market capital for growth across its lending and wealth-management businesses.
The proposed IPO positions itself amid a robust fundraising environment, though final size and pricing remain subject to market conditions.