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InCred Holdings files IPO draft to raise ₹1250 crore through fresh issue and OFS
Business
Published on 7 May 2026
OFS could let existing investors exit with shares
InCred Holdings, parent of NBFC InCred Financial Services, has filed its updated draft red herring prospectus with SEBI. The proposed public issue includes a fresh share sale of up to ₹1,250 crore and an offer for sale of up to 9.9 crore equity shares. Proceeds will mainly strengthen InCred Finance’s capital base and back onward lending. Several investors are set to offload shares via OFS.
- SEBI filing: updated draft red herring prospectus UDRHP-I
- Raise up to ₹1,250 crore via fresh issue plus OFS
- OFS allows investors including KKR and family offices to sell shares
- Funds to bolster subsidiary capital and support onward lending
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This summarization was done by Beige for a story published on 
Inc42