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Company Information

InCred Holdings Limited is a fast-growing, diversified financial services company headquartered in Mumbai, India. Founded in 2016 by Bhupinder Singh, a former Deutsche Bank executive, the company operates across multiple verticals, including consumer lending, education financing, MSME loans, asset and wealth management, investment banking, and digital investment distribution. As the parent company of the InCred Group, it has built a strong presence with over 3,500 employees across 150+ locations in India. InCred’s business model combines traditional lending with a strong technology and data analytics focus, allowing it to scale efficiently and manage risk effectively. Over the years, InCred has achieved notable milestones—launching NBFC operations in 2016, acquiring fintech platform Qbera in 2020, and forming strategic partnerships with platforms like Amazon and Flipkart. It reached unicorn status after merging with KKR India Financial Services and completing a ₹500 crore Series D funding round. Financially, the group has shown strong performance with Assets Under Management (AUM) growing to approximately ₹9,000 crore in FY24, a profit after tax of ₹309 crore, and consistently high collection efficiency (\~98%). Its gross and net NPAs are stable at around 2.1%, while capital adequacy remains robust (CAR \~33%). InCred’s strategic strengths lie in its diversified lending model, technology-driven risk assessment, solid capital backing from global investors like KKR, and credible governance structure.

Incred Holdings Limited's Unlisted Share Price are updated on our website on a daily basis. To stay updated, visit our website regularly or register with us for WhatsApp updates.

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Incred Holdings Key Financials

Market Cap ₹ 9756Cr.

Current Price ₹ 152

Lot Size 250

52W High ₹ 180

EPS 5.81

P/B 2.6

Face Value 10

Debt to Equity 0

Stock P/E 26.1

Book Value ₹ 59.3

Company

52W Low ₹ 148

Demat Account Both

ISIN INE732W01014

Valuation

No. of Shares 64.18Cr.

Incred Holdings Unlisted Share Price Today (Live)

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Price

Incred Holdings Financial Data

All figures are in Crores (₹)
FY22 FY23 FY24 FY25 YOY % FY25 CAGR % FY25
Net Sales 488 865.7 1272.7 1873.6 47.2 56.6
Other Income 36.2 15.1 23.4 20.1 -14.1 -17.8
Total Income 524.3 880.7 1296.1 1893.8 46.1 53.4
Operating Profit 0 560.3 871.5 1152.9 32.3 -100
Intrest 219.5 356 453.3 627.2 38.4 41.9
Depreciation 12.3 13.3 18.7 18.3 -2.1 14.2
Total Expenditure 482.4 629.4 876.5 1386.4 58.2 42.2
Exceptional Income 0 0 0 0 0 0
PBT 41.9 191 399.5 507.4 27 129.6
TAX 11 81.9 90.5 134.3 48.4 130.3
PAT 30.8 109.1 309 373.1 20.7 129.7
EPS 0.48 1.7 4.82 5.81 20.5
FY22 FY23 FY24 FY25 YOY % FY25 CAGR % FY25
Shareholder Funds 1115.2 2547.8 3386.8 3803.3 12.3 50.5
Total Debt 0 0 0 0 0 0
Current Liabilities 2899.7 4082.7 5356.4 8674.1 61.9 44.1
Non Current Liabilities 19.7 48.3 24.5 23.2 -5.3 5.6
Total Liabilities 4034.6 6678.8 8767.6 12500.5 42.6 45.8
Current Assets 3938.9 5961.7 8155.6 11990.8 47 44.9
Non Current Assets 95.8 717.1 612 509.7 -16.7 74.6
Total Assets 4034.6 6678.8 8767.6 12500.5 42.6 45.8
FY22 FY23 FY24 FY25 YOY % FY25 CAGR % FY25
Cash Flow From Operating Activities -1122.4 -726 -1372.6 -2815.7 105.1 35.9
Cash Flow From Investing Activities 13.2 393.6 -539.7 23.1 -104.3 20.5
Cash Flow From Financing Activities 1149.7 634.2 1597.4 3447.3 115.8 44.2
Free Cash Flow -513.6 -750.1 -1391.2 -2836.6 103.9 76.8
FY22 FY23 FY24 FY25 YOY % FY25 CAGR % FY25
ROE(%) 2.8 4.3 9.1 9.8 7.7 51.8
ROCE(%) 0 22 25.7 30.3 17.9 -100
ROA(%) 0.8 1.6 3.5 3 -14.3 55.4
Current Ratios(x) 1.4 1.5 1.5 1.4 -6.7 0

Net Sales (in cr.)

Total Income (in cr.)

Net Profit (in cr.)

Operating Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

No Data Found
Type Period / Date Document
Annual Report 2025-03
Annual Report 2023-03
Type Period / Date Document
Type Period / Date Document
Type Period / Date Document
Frequently Asked Questions

Incred Holdings Unlisted Shares: FAQs

1. Is trading in Incred Holdings Limited's unlisted shares legal in India?

Yes trading in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market through various platforms like Sharescart.com.

2. Is unlisted shares regulated by SEBI?

No, SEBI does not regulate the unlisted share market but certain rules and regulations of SEBI are applicable in the unlisted market space as well, such as, the DP charges for each transaction, stamp duty, lock-in period and more.

3. Where can I get the best Incred Holdings Limited unlisted share price?

You will get the best price for Incred Holdings Limited and a hassle-free buying experience only on Sharescart.com platform.

4. How can I buy Incred Holdings Limited's unlisted shares?

Incred Holdings Limited's unlisted shares can be easily purchased at Sharescart.com by following a few easy steps. Given below are the steps involved in the buying of these shares:

Step 1 - Confirm the number of shares you want to buy/sell of at the trading price.

Step 2 - Submit necessary documents like the Client Master Report (CMR) or additional documents (PAN, canceled cheque) if using a secondary bank account.

Step 3 - Transfer the trade amount to the account details shared by Sharescart.com.

Step 4 - Shares of will reflect in your Demat account within 24 hours after full payment (subject to holidays).

5. How can I sell Incred Holdings Limited unlisted shares?

Incred Holdings Limited's unlisted shares can be easily sold at Sharescart.com by following a few easy steps. Given below are the steps involved in the of selling of these shares:

Step 1- Confirmation on the number of shares you want to sell of Incred Holdings Limited and at what price you want to sell.

Step 2- At Sharescart, we will find a suitable buyer for you according to your requirements and if you accept the trade we will move on to the transfer and the payment aspect of the trade.

Step 3- The Sharescart representative will provide you with the Demat account details to transfer your Incred Holdings Limited shares. They will also notify you about the additional details required from your end before the transfer of shares such as client master copy, delivery instruction slip, and more.

Step 4- Once the transfer is complete, the payment would be credited to your bank account within 24 hours, depending on the holidays.

6. What is the minimum ticket size for investment in Incred Holdings Limited unlisted shares?

Over the years, the minimum ticket size for investment has dropped as more and more people have started investing in the Unlisted market. Currently, the minimum ticket size for Incred Holdings Limited is between 34,000 to 42,000.

7. How to check if Incred Holdings Limited shares are credited to my account?

Brokers or dealers provide you with a trading facility means you can buy and sell shares with your broker but when you buy shares the Depository holds your shares. There are mainly two depositories NSDL and CDSL.

If you want to check your shares in NSDL and CDSL you need to download the application (NSDL Speede App or CDSL myeasi).

  • You need to download the Application.
  • Login or Register yourself.
  • Fill in your DP Id and Client Id (NSDL DP Id starts with IN and CDSL DP & Client Id in numeric).
  • After registration, log on to your account and go to Dashboard.
  • You can see all your holding (Listed, Unlisted, Mutual Fund) there.

8. What will be the tax bearing on Incred Holdings Limited?

The taxation on the Incred Holdings Limited shares may vary depending on 2 Factors:

  • Short-term capital or long-term capital.
  • Pre-IPO stage (unlisted shares) or Post-IPO stage (listed shares)

Short-term capital

Unlisted shares - In unlisted shares, the taxation of short-term capital gain i.e. less than 24 months is taxable according to the investor's income tax slab.

Listed Shares - In listed shares, the taxation for short-term capital gains i.e. less than 12 months is at 20% without indexation benefits.

Long-term capital

Unlisted shares - The taxation for long-term capital gain i.e. more than 24 months is taxable at 12.5% without indexation benefits.

Listed Shares - The taxation for long-term capital gains i.e. more than 12 months is at 12.5% after an exemption of 1.25 lakh.

9. What is the lock-in period of Incred Holdings Limited shares?

According to the current rule issued by SEBI last year in August 2021, the lock-in period is brought down from 1 year to 6 months. This was done to entice more investors to invest their money in pre-IPO companies and startups. The lock-in period of Incred Holdings Limited varies depending on which type of investor you are:

  • Foreign Venture Capital Investor - These investors have a lock-in period of 6 months from the procurement date of Incred Holdings Limited shares.
  • Alternative Investment Funds II - These investors don't have to serve any lock-in period.
  • Other investors - These investors include body corporate, retail, high net-worth individuals. The lock-in period for them is 6 months from the date of listing of Incred Holdings Limited enlisted shares.

10. How to check Incred Holdings Limited unlisted share price daily?

You can check daily share prices of companies on our website or register with us using your phone number where you will get daily whatsapp updates on company news and other essential informations.

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