InCred plans 1,250cr IPO as investors sell nearly 99 million shares
NewsBytes | May 8, 2026 12:40 PM CST
InCred Financial Services lent over 25,000cr
Started in 2016, InCred Financial Services gives out personal loans, student loans, and secured business loans.
It has lent over ₹25,000 crore so far and has more than four lakh customers across 140-plus branches.
Profits jumped nearly 21% last year to ₹373 crore.
The money raised from the IPO will go toward growing its core lending business, even as the Indian stock market faces some tough times right now.
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