Fintech unicorn InCred Financial Services has accelerated its plans for a public listing. According to reports, the company aims to raise ₹5000 crore by the end of 2025 through an Initial Public Offering (IPO), including a ₹4000 crore infusion of fresh capital.

InCred As a Leader

InCred, which has established itself as a leader in the fintech space, is targeting a valuation between ₹15,000 crore and ₹22,500 crore for its IPO. The company’s ambitious plans reflect its confidence in the rapidly growing financial services sector and the potential for substantial investor interest.

To ensure a smooth public issue, InCred is working on finalizing its merchant banking partners. The company is expected to appoint four banks by January 2025 to oversee the IPO process. The management is keen to align with the right financial partners to achieve its valuation goals and maximize shareholder value.

IPO As A Milestone 

The IPO marks a significant milestone in InCred’s journey, showcasing its robust growth trajectory and its intent to expand further. The funds raised will likely be used to strengthen its financial offerings, enhance technological capabilities, and support long-term business expansion.

With this move, InCred is poised to make a strong mark on India’s stock markets, adding another success story to the country’s booming fintech ecosystem. Investors and industry experts are keeping a close eye on the company’s next steps.

Offer For Sale Component

The IPO is also expected to include an offer for sale component. This will help investors to sell their stake in the company and get returns in the future.

Author Opinion 

Recently news has come out according to which Fintech unicorn InCred Financial Services has accelerated its plan for public listing. The company has planned to raise 5000 crores by the end of 2025 with the help of an IPO. This will also include fresh capital of 4000 crores and this is great news.