Upcoming InCred IPO: InCred Holdings, the parent company of NBFC InCred Financial Services, is soon launching its IPO. It has received the green light from SEBI.

Great opportunity to earn! InCred Holdings is launching an IPO. Learn all the details, including the issue size.

Upcoming InCred IPO: Private equity firm KKR-backed InCred Financial Services Limited (InCred Holdings) is preparing to launch its initial public offering (IPO). On Thursday, February 5th, the company received market regulator Securities and Exchange Board of India (SEBI) approval to raise funds through this initial public offering (IPO). 

Previously, PTI reported on November 9, 2025, citing people familiar with the matter, that financial services platform Incred had submitted a draft red herring prospectus (DHRP) to SEBI last November through the pre-filing route. This means the company can defer disclosing IPO details in the draft papers until a later stage. It also provides the opportunity to withdraw the draft without disclosing the required information, depending on market conditions. 

These companies also got approval to bring an IPO

Other companies that have received regulatory approval include Laser Power & Infra, Sedmac Mechatronics, Ardi Industries, Army Infotech, Arvi Engineering Consultants, and Shankaresh Jewellers. These companies also submitted their draft papers between September and November last year and received observations from SEBI between February 2 and 6.

This approval comes after three big IPOs, like Bharat Coking Coal Limited, Shadowfax Technologies Limited, and Amagi Media Labs, hit the Indian primary market in early 2026.

Incred Holdings' IPO is expected to be between ₹3,000 and ₹4,000 crore in size. The IPO will include both a fresh issue of shares and an offer for sale.

What does the company do? 

InCred NBFC is a subsidiary of InCred Financial Services. IIFL Capital Services is the book-running lead manager for the offering. InCred Group was founded in 2016 by Bhupinder Singh. Its investors include prominent names such as Abu Dhabi Investment Authority, TRS (Teacher Retirement System of Texas), KKR, Oaks, Elevar Equity, and Moore Venture Partners. The company operates through three verticals: InCred Finance, InCred Capital, and InCred Money. In 2022, InCred Finance merged with KKR India Financial Services.