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UNLISTED COMPANY PROFILE

INCRED HOLDINGS LIMITED

FINANCIALS LINE
INDICATIVE PRICE / SHARE
₹158
▲ +2.6% · 30-DAY
OTC REFERENCE PRICE · NOT AN OFFER TO DEAL
PRICE AS OF 02 SEPT 2026
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INDICATIVE PRICE HISTORY · DATED OBSERVATIONS SINCE 2023

PRICE HISTORY.

Use the left and right arrow keys to inspect dated observations. Home selects the first observation and End selects the latest.

₹180
₹109
01 Nov 2302 Apr 2602 Sept 26

ALL-TIME LOW
₹109
ALL-TIME HIGH
₹180
WINDOW
ALL
NOT A STOCK-EXCHANGE QUOTE · NOT AN OFFER TO DEAL
THE TIMETABLE · KEY NUMBERS

Key numbers

Published fundamentals and the date each figure was recorded.

CALCULATION METHOD →
Market cap
₹10,233 Cr
Latest available company data
Min. investment
₹10,270
Indicative price × lot size
Lot size
65
P/E ratio
27.19
P/B ratio
2.72
EPS
5.81
ROE
9.81%
Book value
₹58.14
Face value
₹10
Debt / equity
2.2
ISIN
INE732W01014
Company security identifier
THE BUSINESS · HOW IT EARNS

InCred Holdings Limited is a holding and financial-services company. Its FY2024-25 annual report states that it is registered with SEBI as a Category I Merchant Banker and is engaged in investment advisory, investment management and finance-arrangement services. The company also acts as investment manager to KKR India Debt Opportunities Fund II. The issuer’s standalone statement records interest income, fee and commission income and fair-value gains or losses within revenue from operations. The consolidated disclosures distinguish the parent from its subsidiaries and describe the wider group as having lending activity across retail, SME and commercial customers. This profile therefore treats the parent’s direct model as merchant-banking, advisory, investment-management and finance-arrangement services, while acknowledging that the consolidated group contains additional financial businesses. It does not attribute group lending products, customer volume, assets under management, deal flow, fees or investment performance directly to the parent company.

About this company

InCred Holdings Limited is the parent entity of the InCred group, one of India's newer diversified financial services platforms. Incorporated in 2011 and headquartered in Mumbai, the company operates as a holding structure whose value is built around three core businesses. InCred Finance is the lending arm, a non-banking financial company that extends consumer loans, education loans, personal loans, loans against property, and credit to small and medium enterprises, with a growing focus on technology-led, retail underwriting. InCred Capital houses the institutional and advisory side, covering investment banking, wealth management, asset management, and capital-markets activities. InCred Money operates as a digital wealth and investment distribution platform aimed at retail investors. The group took its present shape after a 2022 merger between InCred Finance and KKR India Financial Services, a transaction that combined a digitally native lending platform with an established institutional loan book. The business is closely associated with founder Bhupinder Singh, a former senior investment banker, alongside backing from a range of institutional and marquee private investors who have supported the group across funding rounds. InCred achieved unicorn status in late 2023, underlining its scale within India's fintech-led lending landscape. By reported FY25 figures, the company posted revenue in the region of ₹1,870 crore with profit after tax of roughly ₹370 crore, reflecting a diversified, multi-segment financial services franchise. Its shares carry a face value of ₹10 each and trade in the unlisted market under ISIN INE732W01014. InCred Holdings draws considerable attention in the unlisted space because it sits on the cusp of a public listing: the company has secured SEBI approval for an initial public offering proposed for the NSE and BSE, with a fresh-issue and offer-for-sale structure, though final dates and the price band remain to be announced. As a pre-IPO, growth-stage lender with a recognised brand and institutional pedigree, it features regularly among actively tracked unlisted financial-services names. All figures and the indicative price are market-sourced data points, not advice.

COMPANY AT A GLANCE
Sector lineFinancials
SettlementNSDL / CDSL
Incorporated2011
Listing statusUnlisted / Pre-IPO
*INDICATIVE · TIMELINE MAY CHANGE · NOTHING FINAL UNTIL THE RHP

COMPANY REGISTRY · ON FILE

PUBLIC OR ADMIN-SUPPLIED DATA · VERIFY INDEPENDENTLY
CIN
U67190MH2011PLC211738
PAN
AAECK1977B
Incorporated
2011
Outstanding shares
65,59,44,906 (approx. 65.59 crore shares)
Registered office
Unit No. 1203, 12th Floor, B Wing, The Capital, Plot No. C-70, G Block, Bandra Kurla Complex, Bandra East, Mumbai 400051, Maharashtra, India
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THE LOGBOOK · FINANCIALS BY YEAR

WHAT THE ENGINE HAS DONE.

AMOUNT UNIT NOT VERIFIEDFY22FY23FY24FY25
REVENUE52,42088,0701,29,6101,89,380
PAT3,08010,91030,90037,310
EPS (₹)1256
PAT MARGIN6%12%24%20%
CAUTION · AMOUNT UNIT AND FIELD-LEVEL SOURCES HAVE NOT BEEN VERIFIED · DO NOT RELY ON THESE FIGURES WITHOUT CHECKING THE COMPANY FILING

THE CREW · BOARD & MANAGEMENT

Bhupinder Singh
Founder, Whole Time Director & CEO
Gaurav Maheshwari
Whole Time Director & CFO
Vivek Bansal
CFO
Anil Nagu
Non-Executive Director
Vivek Anand PS
Non-Executive Director
COMPANY TIMELINE · EVENTS
15th Annual General Meeting scheduled (10 Sep 2025)
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THE GLOVEBOX · ANNUAL REPORTS
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NON-BINDING · NO PAYMENT · NOT AN OFFER TO DEAL
RESEARCH DESK · QUESTIONS

COMMON QUESTIONS.

Is Incred Holdings Limited listed on the stock exchange?+

No. As of 2 September 2026, Incred Holdings Limited is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.

What is the Incred Holdings Limited unlisted share price?+

As of 2 September 2026, the indicative unlisted share price of Incred Holdings Limited is ₹158 per share. This is an over-the-counter reference price, not a stock-exchange quote.

What indicative minimum amount is displayed for Incred Holdings Limited unlisted shares?+

The displayed unit count is 65 share(s); at the indicative price of about ₹158, the displayed amount is approximately ₹10,270. This is a display convention, not evidence of inventory, an order minimum or a quote.

What is the ISIN of Incred Holdings Limited?+

The recorded ISIN of Incred Holdings Limited is INE732W01014. An ISIN is a 12-character security identifier. Verify it against the issuer and the relevant depository record before using it for any transfer or documentation.

Is trading in Incred Holdings Limited unlisted shares legal in India?+

Unlisted shares can be transferred off-market in India, but the legal, tax and compliance position depends on the security, parties, documents and current rules. Verify the intermediary, issuer restrictions and applicable requirements before proceeding.

Is there a lock-in period for unlisted shares?+

A post-listing lock-in may apply under the rules in force at the time. The period and any exemptions can depend on the holder and acquisition, so check the current regulation and the issuer's offer documents rather than relying on a generic period.

Do you guarantee returns?+

No. Unlisted shares carry higher risk and lower liquidity than listed shares. Returns depend on company performance, market conditions and future listing outcomes. This is information only, not investment advice.

SIMILAR COMPANY PROFILES
FINANCIALS LINE.
Prices shown are indicative over-the-counter reference prices, not an offer to deal. This page is information only and not investment advice. Unlisted shares carry higher risk and lower liquidity than listed shares. Settlement to your own demat account via NSDL / CDSL through registered intermediaries.
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