Overview
InCred Holdings Limited (“formerly known as KKR Capital Markets Limited) was incorporated on 3rd January, 2011, and it acts as an investment manager to certain alternative investment funds registered with SEBI under the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012.
InCred Group worked as a well-known figure in the financial services sector, encompassing Financing, Investment Banking, Wealth Management, Asset Management, and Institutional Equities. It operates through two main entities: InCred Holdings Limited, acting as the parent company, and its subsidiary, InCred Financial Services Limited, which directly engages with borrowers.
InCred Holdings is engaged in the fee-based business, including syndication for third parties and investment management activities. It provides the following services:
It provides merchant banking services in the debt segment to domestic clients
It creates opportunities in the domestic corporate bond market
It provides mergers and acquisitions and financing-related advisory services
It acts as an investment manager/sponsor to AIFs.
Merger with KKR
Incred Finance merged with KKR India Financial Services Ltd in 2021 in an all-stock deal. According to a joint statement by the companies, the merger created an NBFC with a $600-million (around ₹4,700-crore) balance sheet and an equity base of $300 million. Under the merger terms, KKR, along with two other investors, Teacher Retirement System of Texas and Abu Dhabi Investment Authority, hold a 35% stake in the merged entity.
Board of Directors
Mr. Bhupinder Singh - Whole Time Director & Chief Executive Officer
Mr. Vivek Bansal - Whole Time Director & Chief Financial Officer
Mrs. Rupa Vora - Independent director
Mr. Karnam Sekar - Independent director
Mr. Vivek Anand PS - Non-Executive Director
Mr. Anil Nagu - Non-Executive Director
Mr. Rohan Suri - Non-Executive Director
Subsidiaries
Incred Financial Services Limited
Incred Prime Finance Limited
Incred Finserv Private Limited, step-down subsidiaries
InCred.Ai Limited, step-down subsidiaries
Dividend Details
The Company has not proposed any dividend for the year ended on March 31, 2024.
IPO Details
As of now, InCred Holdings has not made any official announcements about going public. So, there is no confirmed timeline for an InCred Holdings IPO or InCred Holdings Limited IPO at this stage.
Share Price
Since InCred Holdings Limited is presently unlisted, there is no listed InCred Holdings share price on the stock exchanges. But investors willing to invest in pre-IPO or private equity shares can find the InCred Holdings unlisted share price on private platforms. The InCred Holdings Limited share price on the unlisted market can change based on the demand of the investors and the market fluctuations. If you are looking for InCred Holdings Limited unlisted share price, it is best to consult reliable grey market sources.
