Archive · 14 Aug 2025
InCred to File IPO Prospectus for Rs 5,500 Crore
InCred, a company that helps people and businesses with loans and investments, is planning to sell shares to the public through something called an IPO.
They're hoping to raise a lot of money, possibly between Rs 5,000 to Rs 5,500 crore.
This means the company is worth about Rs 25,000 crore.
InCred offers various financial services, from loans to helping manage money.
They made a profit of Rs 316 crore last year and have a lot of loans out to people and businesses.
The company was started in 2016 by Bhupinder Singh.
Fintech firm InCred plans to file for an IPO in three weeks.
The IPO could raise between Rs 5,000 to Rs 5,500 crore.
InCred is valued at nearly Rs 25,000 crore.
The company has a presence in lending, wealth management, and other financial services.
In FY25, InCred reported a profit after tax (PAT) of Rs 316 crore.
- Who
- InCred, led by Bhupinder Singh.
- What
- InCred is filing for an IPO.
- When
- Expected within three weeks.
- Where
- Mumbai-based.
- Why
- To raise capital through public offering.
- Company
- InCred
- IPO Filing
- Expected in three weeks
- IPO Size
- Rs 5,000 to Rs 5,500 crore
- Valuation
- Nearly Rs 25,000 crore
- Services
- Lending, wealth management, investment banking
- FY25 PAT
- Rs 316 crore