InCred Holdings IPO Details
| IPO Open Date | 2026 |
| IPO Close Date | 2026 |
| Face Value | ā¹10 Per Equity Share |
| IPO Price Band | ā¹[.] to ā¹[.] Per Share |
| Issue Size | Approx ā¹[.] Crores |
| Fresh Issue | Approx ā¹1250 Crores |
| Offer for Sale: | Approx 9,90,20,833 Equity Shares |
| Issue Type | Book Building Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
InCred Holdings IPO Review & Key Points
- Review:
InCred Holdings IPO Market Lot
The InCred Holdings IPO minimum market lot is [.] shares with ā¹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ā¹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | – | – | ā¹- |
| Retail Maximum | – | – | ā¹- |
| S-HNI Minimum | – | – | ā¹- |
| S-HNI Maximum | – | – | ā¹- |
| B-HNI Minimum | – | – | ā¹- |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
InCred Holdings IPO Anchor Investors
| Anchor Bidding Date | 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
InCred Holdings IPO Dates
The InCred Holdings IPO date is 2026 and the close date is 2026. The InCred Holdings IPO allotment will be finalized on 2026 and the IPO listing on 2026.
| IPO Open Date: | 2026 |
| IPO Close Date: | 2026 |
| Basis of Allotment: | 2026 |
| Refunds: | 2026 |
| Credit to Demat Account: | 2026 |
| IPO Listing Date: | 2026 |
| IPO Bidding Cut-off Time: | 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Bhupinder Singh and B Singh Holdings Limited.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | – | -% |
| Promoter Holding Post Issue | – | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Investment in our wholly owned subsidiary InCred Financial Services Limited for augmenting its capital base. The Net Proceeds will be utilised to increase InCred Financial Services Limitedās Tier ā I capital base, towards onward lending and improving InCred Financial Services Limitedās CRAR | ā¹- |
About InCred Holdings IPO
To be updated soon
InCred Holdings IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ā¹880.71 | ā¹629.42 | ā¹109.06 | ā¹6,678.80 |
| 2024 | ā¹1,296.13 | ā¹876.48 | ā¹309.04 | ā¹8,767.62 |
| 2025 | ā¹1,893.77 | ā¹1,386.37 | ā¹373.15 | ā¹12,500.53 |
| Dec 2025 | ā¹1,870.14 | ā¹1,471.15 | ā¹290.15 | ā¹14,716.31 |
InCred Holdings IPO Valuation – FY2025
Check InCred Holdings IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 10.38% |
| ROCE: | [.]% |
| EBITDA Margin: | [.]% |
| PAT Margin: | 20.75% |
| Debt to equity ratio: | 2.20 |
| Earning Per Share (EPS): | ā¹5.81 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 10.38% |
| Net Asset Value (NAV): | ā¹58.74 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Bajaj Finance Limited | 26.89 | 35.43 | 19.10 | 159.37 | 69,683.51 Cr. |
| HDB Financial Services Limited | 27.40 | 24.35 | 14.72 | 198.80 | 16,300.28 Cr. |
| Aditya Birla Capital Limited | 12.80 | 27.30 | 11.03 | 124.08 | 40,589.98 Cr. |
| Poonawalla Fincorp Limited | (1.27) | NA | (1.20) | 105.76 | 4,189.76 Cr. |
| SBI Cards and Payment Service Limited | 20.15 | 32.02 | 14.63 | 144.86 | 18,072.22 Cr. |
| Five-Star Business Finance Limited | 36.61 | 13.19 | 18.68 | 214.13 | 2,847.84 Cr. |
| SBFC Limited | 3.21 | 29.66 | 12.72 | 29.40 | 1,306.16 Cr. |
IPO Lead Managers aka Merchant Bankers
- IIFL Capital Services Ltd.
- InCred Capital Wealth Portfolio Managers Pvt.Ltd.
- Kotak Mahindra Capital Co.Ltd.
- Nomura Financial Advisory & Securities (India) Pvt.Ltd.
- UBS Securities India Pvt.Ltd.
Company Address
InCred Holdings Ltd.
Unit No 1203, 12th
Floor, B Wing, The Capital, C-70, G
lock, BKC, Bandra (E)
Mumbai, Maharashtra, 400051
Phone: +91-22-6844-6100
Email: ihl.compliance@incred.com
website: https://www.incredholdings.com/
IPO Registrar
MUFG Intime India Private Limited
Phone: +91 810 811 4949
Email: incredholdings.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
InCred Holdings IPO FAQs
What is InCred Holdings IPO?
InCred Holdings IPO is Mainboard IPO. The company is going to raise ā¹[.] Crores via IPO. The issue is priced at ā¹[.] to ā¹[.] per equity share. The IPO is to be listed on BSE & NSE.
When InCred Holdings IPO will open for subscription?
The IPO is to open on 2026 for QIB, NII, and Retail Investors. The IPO will close on 2026.
What is InCred Holdings IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the InCred Holdings IPO?
You can apply for InCred Holdings IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is InCred Holdings IPO Issue Size?
InCred Holdings IPO issue size is ā¹[.] crores.
What is InCred Holdings IPO Price Band?
InCred Holdings IPO Price Band is ā¹[.] to ā¹[.].
What is InCred Holdings IPO Lot Size?
The minimum bid is [.] Shares with ā¹[.] amount.
What is the InCred Holdings IPO Allotment Date?
InCred Holdings IPO allotment date is 2026.
What is the InCred Holdings IPO Listing Date?
InCred Holdings IPO listing date is 2026. The IPO is to list on BSE & NSE.
Note: The InCred Holdings IPO price band and date are officially announced. The (InCred Holdings IPO grey market premium) will be added to the IPO GMP page as it will start).
