InCred Holdings, parent of Bengaluru NBFC InCred Finance, reported 9M FY26 net profit of ₹290.1 crore, up about 5% from FY25. Revenue from operations jumped 38.6% to ₹1,848.9 crore, mainly driven by interest income. The company has filed an updated DRHP for an IPO with fresh issue up to ₹1,250 crore and an OFS component, alongside stable asset quality metrics.
Retail-focused NBFC InCred Holdings has filed updated draft IPO papers with SEBI, targeting an estimated valuation of about Rs 15,000 crore. The proposed issue is pegged at Rs 3,000–4,000 crore, combining a fresh issue with an offer for sale by existing shareholders. The company says it will launch only when market conditions are suitable.
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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.
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