Incred Holdings Unlisted Share Price Today
ISIN INE732W01014.
Overview of InCred Holdings InCred Holdings (founded 2011) is a diversified financial services group led by Bhupinder Singh, operating through InCred Finance (NBFC lending), InCred Capital (merchant banking/advisory), and InCred Money (wealth platform) . In FY25, the company reported revenue of ₹1,873.62 Cr and PAT of ₹373.15 Cr , with strong profitability and growth momentum. The company filed a confidential DRHP with SEBI in Nov 2025 , indicating IPO intent. Industry Analysis InCred operate…
Incred Holdings
Incred Holdings Unlisted Share Price Today
Overview of InCred Holdings
InCred Holdings (founded 2011) is a diversified financial services group led by Bhupinder Singh, operating through InCred Finance (NBFC lending), InCred Capital (merchant banking/advisory), and InCred Money (wealth platform). In FY25, the company reported revenue of ₹1,873.62 Cr and PAT of ₹373.15 Cr, with strong profitability and growth momentum. The company filed a confidential DRHP with SEBI in Nov 2025, indicating IPO intent.
Industry Analysis
InCred operates across NBFC lending, AIF/asset management, and merchant banking. India’s private credit and mid-market lending opportunity is expanding, supported by higher institutional participation in AIFs and rising demand for structured credit. At the same time, tighter RBI regulation is favouring well-capitalized, governance-strong lenders and integrated financial platforms.
Revenue grew ~4x (₹524 Cr → ₹1,894 Cr) with sustained ~45–68% YoY growth.
EBIT margins remain strong at ~60%+, indicating robust operating efficiency.
PAT and EPS increased steadily, but growth moderated to ~15% in FY25.
