Incred Holdings Limited Unlisted Share Price
Incred Holdings Limited unlisted share price is ₹148 per share (indicative, as of 17 Oct 2026). Minimum ticket ₹25,000 (lot of 165 shares), the same for every company. Sector: Financials. Status: DRHP filed with SEBI, IPO awaited.
All unlisted share prices: dated indicative prices for every company the desk tracks.
Updated 17 Oct 2026, 22:10 IST. Dated dealer references.
BuyUnlistedShares tracks 230 unlisted companies with dated prices; Incred Holdings Limited’s indicative price is ₹148 per share as of 17 Oct 2026, a lot of 165 shares.
Key facts
- Indicative price
- ₹148 per share
- Price as of
- 17 Oct 2026
- Minimum investment
- ₹25,000
- Lot size
- 165 shares
- Sector
- Financials
- DRHP
- Filed with SEBI on 6 May 2026
- Listing status
- Unlisted
- Settlement
- Demat to demat; terms agreed in writing for each deal
- Last updated
- 17 Oct 2026, 22:10 IST
Indicative and dated. BuyUnlistedShares deals as principal.
Buying at a glance
- Minimum ticket
- ₹25,000
- Price shown
- Indicative, dated 17 Oct 2026
- Delivery
- Shares are credited to your demat account
In plain words
- Lock-in if it lists
- Shares bought before an IPO are generally locked in for six months from the IPO allotment date under SEBI rules. The issue documents set the exact terms.
- Demat
- Yes. ISIN INE732W01014: the shares sit in your own demat account and move demat to demat through NSDL or CDSL.
- IPO status
- DRHP filed with SEBI on 6 May 2026; the IPO has not opened yet.
Facts only, not a rating or a recommendation.
Compare it against the full unlisted share price list: every company the desk quotes, each with a dated indicative price.
Indicative move: -6.3% over 3 months · -10.3% over 1 year.
Key figures
| Market cap | ₹10,233 Cr |
|---|---|
| Minimum investment | ₹25,000 |
| Lot size | 165 |
| P/E ratio | 25.47x |
| ROE | 9.81% |
| Book value | ₹58.14 |
| Face value | ₹10 |
| 52-week high | ₹168 |
| 52-week low | ₹148 |
| ISIN | INE732W01014 |
| Dividend yield | — |
Financials (₹ Cr)
| Metric | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 881 | 1,296 | 1,894 |
| PAT | 109 | 309 | 373 |
| EPS (₹) | 1.90 | 5.10 | 5.81 |
About the 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.
Prices shown are indicative and dated. Unlisted shares are illiquid and values can move sharply.
Registered in Mumbai, Maharashtra.
Registry
- ISIN: INE732W01014
- Depository: NSDL & CDSL
- Listed at: Unlisted
- Price as of: 17 Oct 2026
Company facts
| CIN | U67190MH2011PLC211738 |
|---|---|
| Incorporated | 2011 |
| ISIN | INE732W01014 |
| Face value | ₹10 |
| 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 |
| Lot size | 165 shares |
| Minimum units | 65 |
| DRHP | Filed · 6 May 2026 |
Financial statements (₹ Cr)
| Metric | FY22 | FY23 | FY24 | FY25 | FY25 vs FY24 |
|---|---|---|---|---|---|
| Revenue | 524.2 | 880.7 | 1,296.1 | 1,893.8 | +46.1% |
| Profit after tax | 30.8 | 109.1 | 309 | 373.1 | +20.7% |
| EPS (₹) | 0.8 | 1.9 | 5.1 | 5.81 | +13.9% |
| Operating margin | — | — | 68.8% | 60.9% | −7.9 pts |
| Net margin | — | — | 23.6% | 19.3% | −4.3 pts |
| Share capital | 192.76 | 595.23 | 641.81 | 647.51 | +0.9% |
| Reserves & surplus | 922.43 | 1,952.57 | 2,744.96 | 3,156 | +15% |
| Net worth | 1,115.19 | 2,547.8 | 3,386.77 | 3,803.51 | +12.3% |
| Fixed assets | 42.07 | 51.87 | 57.61 | 57 | −1.1% |
| Investments | — | 70 | 613 | 515 | −16% |
| Trade receivables | 1.08 | 0.03 | — | — | — |
| Trade payables | — | — | — | 3 | — |
| Cash from operations | — | — | −1,372.56 | −2,815.75 | −105.1% |
| Cash from investing | — | — | −539.74 | 23.14 | loss to profit |
| Cash from financing | — | — | 1,597.39 | 3,447.27 | +115.8% |
| Net cash generated | — | — | −314.91 | 654.66 | loss to profit |
Key ratios and valuation
| Measure | Value | Basis |
|---|---|---|
| Indicative price | ₹148 | dealer reference, 17 Oct 2026 |
| Market cap | ₹10,233 Cr | as recorded |
| P/E | 25.47x | price ÷ EPS ₹5.81 (FY25) |
| P/B | 2.55x | price ÷ book value ₹58.14 |
| EPS | ₹5.81 | per share, FY25 |
| Book value | ₹58.14 | per share, latest books |
| RoE | 9.81% | return on equity, latest FY |
| Debt / equity | 2.2 | latest balance sheet |
| Dividend yield | — | |
| Face value | ₹10 | per share |
| 52-week range | ₹148 – ₹168 | 317 dated quotes, last 12 months |
| Shares outstanding | — | not meaningful |
Shareholding pattern
| Category | Holder | % of equity |
|---|---|---|
| Institutions | KKR India Financial Investments Pte. Ltd | 29.49% |
| Promoters | B Singh Holdings (Promoter) | 17.06% |
| Institutions | MNI Ventures | 9.1% |
| Others | NAAB Securities Pte. Ltd | 1.76% |
| Public | Others / Public | 42.59% |
Promoters 17.06% · Institutions 38.59% · Public 42.59% · Others 1.76%
Management and promoters
| Name | Designation | Experience |
|---|---|---|
| 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 | — |
Business model
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.
Corporate actions and events
| Date | Type | Detail | Ratio / amount | Source |
|---|---|---|---|---|
| Undated | Agm | 15th Annual General Meeting scheduled (10 Sep 2025) | — | Desk note |
Reports and filings
No filings uploaded yet.
Annual reports
- Incred Holdings Limited annual report 2024-25 (PDF)
- Incred Holdings Limited annual report 2023-24 (PDF)
- Incred Holdings Limited annual report 2022-23 (PDF)
Frequently asked questions
What does InCred Holdings Limited do?
InCred Holdings Limited is the parent company of the InCred group, a diversified Indian financial services platform. It operates through three main arms: InCred Finance (an NBFC providing consumer, education, personal, SME, and secured loans), InCred Capital (investment banking, wealth and asset management), and InCred Money (a digital wealth and investment platform). The group was formed after a 2022 merger of InCred Finance and KKR India Financial Services.
Is InCred Holdings listed, and how can its unlisted shares be bought?
InCred Holdings is not yet listed on the NSE or BSE. It has received SEBI approval for an IPO proposed for both exchanges, but the final dates and price band have not been announced, so the shares currently trade only in the unlisted market. Unlisted shares are typically transferred off-market into a buyer's demat account through platforms that facilitate such transactions, subject to KYC, and settlement terms.
What determines the indicative price of InCred Holdings unlisted shares?
The indicative price reflects negotiated buyer and seller interest in the private, over-the-counter unlisted market rather than an exchange-traded quote. It can move with the company's reported financials, business growth, broader sentiment toward financial services and NBFCs, IPO-related developments, and the supply and demand for the shares. Because trading is private and intermittent, indicative prices can vary across sources and over time.
What are the key fundamentals of InCred Holdings Limited?
InCred Holdings was incorporated in 2011 and is headquartered in Mumbai, Maharashtra. Its CIN is U67190MH2011PLC211738 and its ISIN is INE732W01014, with a face value of ₹10 per share. By reported FY25 figures, the company recorded revenue of roughly ₹1,870 crore and profit after tax of around ₹370 crore. These are factual data points sourced from market disclosures and do not constitute investment advice.
What is the Incred Holdings Limited unlisted share price today?
The indicative over-the-counter reference price is ₹148 per share as of 17 Oct 2026. It is a dated dealer reference, refreshed every working day.
Is Incred Holdings Limited listed on a stock exchange?
Not yet. The company has an IPO in progress: DRHP filed. Until listing, shares change hands over the counter and settle into your demat account.
What is the minimum investment in Incred Holdings Limited?
The minimum ticket is ₹25,000, the same for every company on the site.
What is the ISIN of Incred Holdings Limited?
INE732W01014. Holdings are settled in demat form through NSDL and CDSL.
How do I buy Incred Holdings Limited unlisted shares?
Send an enquiry with the quantity you have in mind. The desk replies with a dated quote, the paperwork list and the demat steps, and the shares settle demat to demat into your own account.
Is there a lock-in if Incred Holdings Limited lists?
Pre-IPO shareholders other than promoters are generally locked in for six months from the date of IPO allotment under SEBI ICDR regulation 17. The final offer document sets the exact terms.
Sources
- Incred Holdings Limited annual report 2024-25 · FY 2024-25 · incredholdings.com
- Incred Holdings Limited annual report 2023-24 · FY 2023-24 · incredholdings.com
- Incred Holdings Limited annual report 2022-23 · FY 2022-23 · incredholdings.com
- Draft offer document on record · 6 May 2026 · sebi.gov.in
- BuyUnlistedShares indicative price series for Incred Holdings Limited, dated daily · since 12 Sep 2025 (343 dated quotes) · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Incred Holdings Limited unlisted share price”, https://buyunlistedshares.com/unlisted-shares/incred-holdings-limited, as of 17 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 17 Oct 2026.
Before you buy: guides
- How to evaluate an unlisted company before investing
- How Unlisted Share Prices Are Discovered When There Is No Live Order Book
- The risks of buying unlisted and pre-IPO shares in India
- Unlisted Shares Lock-In Period: What Every Investor Must Know (2026)
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