Mumbai: InCred Holdings, the 100% holding company of InCred Financial Services, has filed a confidential draft red herring prospectus (DRHP) with the Securities & Exchange Board of India for an initial public offering (IPO) this week.
The issue size is likely to be around ₹3,000-4,000 crore. InCred Finance has disbursed loans worth over ₹25,000 crore since inception, and has ₹12,585 crore in assets under management (AUM) as of FY25.