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InCred Holdings Files Confidential DRHP with SEBI; Eyes ₹4,000–5,000 Crore IPO
09 Nov

InCred Holdings Files Confidential DRHP with SEBI; Eyes ₹4,000–5,000 Crore IPO

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#InCredHoldings #InCredIPO #InCredFinance #NBFC #SEBI #DRHP #FintechIndia #IPONews #CapitalMarkets #IndianStockMarket #FinancialServices Mumbai: InCred Holdings Limited, the parent company of non-banking financial company (NBFC) InCred Financial Services, has filed a confidential Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The filing — under SEBI’s pre-filing mechanism — marks the company’s formal step toward going public. Market sources indicate that the proposed IPO could be in the range of ₹4,000–₹5,000 crore, including a pre-IPO placement of around ₹300 crore. The proposed issue is expected to include both…
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