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India’s InCred Holdings files draft IPO prospectus ahead of listing
InCred Holdings submits IPO draft prospectus, positioning itself for public listing amid strong credit-demand tailwinds.
On 9 November 2025, InCred Holdings — parent of non-bank lender InCred Financial Services — filed a draft prospectus with India’s securities regulator as it prepares for a public listing.
The company has disbursed over ₹25,000 crore (≈US$2.84 billion) since 2016, and serves more than 400,000 customers via over 140 branches.
The filing signals renewed momentum in the NBFC listing pipeline, as investor appetite returns and credit demand remains firm in India’s retail and secured-business-loan segment.