positive
India’s InCred Holdings files draft IPO prospectus
Mumbai‑based InCred Holdings, parent of NBFC InCred Financial Services Ltd, has filed a draft prospectus for an initial public offering.
Since its inception in 2016, the company has disbursed over ₹25,000 crore (≈US$2.84 billion) across personal, student and secured business loans via more than 140 branches and 400,000 customers.
The move underscores investor interest in India’s retail credit growth despite macro uncertainty and adds another major listing to the NBFC sector’s pipeline.
Companies:
- InCred Holdings
- InCred Financial Services Ltd
Tags:
- ipo
- India
Reuters• By Sneha Pathak
Explore:Mutual Fund Screening
positive
India’s InCred Holdings files draft IPO prospectus
Mumbai‑based InCred Holdings, parent of NBFC InCred Financial Services Ltd, has filed a draft prospectus for an initial public offering.
Since its inception in 2016, the company has disbursed over ₹25,000 crore (≈US$2.84 billion) across personal, student and secured business loans via more than 140 branches and 400,000 customers.
The move underscores investor interest in India’s retail credit growth despite macro uncertainty and adds another major listing to the NBFC sector’s pipeline.
Companies:
- InCred Holdings
- InCred Financial Services Ltd
Tags:
- ipo
- India
Reuters• By Sneha Pathak
Explore:Mutual Fund Screening
1 min read
70 words
InCred Holdings has initiated IPO preparations, tapping into India’s robust retail‑credit ecosystem.
Mumbai‑based InCred Holdings, parent of NBFC InCred Financial Services Ltd, has filed a draft prospectus for an initial public offering.
Since its inception in 2016, the company has disbursed over ₹25,000 crore (≈US$2.84 billion) across personal, student and secured business loans via more than 140 branches and 400,000 customers.
The move underscores investor interest in India’s retail credit growth despite macro uncertainty and adds another major listing to the NBFC sector’s pipeline.
Mumbai‑based InCred Holdings, parent of NBFC InCred Financial Services Ltd, has filed a draft prospectus for an initial public offering.
Since its inception in 2016, the company has disbursed over ₹25,000 crore (≈US$2.84 billion) across personal, student and secured business loans via more than 140 branches and 400,000 customers.
The move underscores investor interest in India’s retail credit growth despite macro uncertainty and adds another major listing to the NBFC sector’s pipeline.
Companies:
- InCred Holdings
- InCred Financial Services Ltd
Tags:
- ipo
- India
- ipo
- India
- NBFC
- financial services
- startups