India's Richest People 2026 edition · 1 director · Source: Hurun India
- #492 Bhupinder Singh ₹7,100 Cr
Revenue · FY 2025
₹15.98 Cr
▲ 10310% YoY
Net profit · FY 2025
₹1.85 Cr
Net margin 11.6%
EBITDA · FY 2025
₹35.02 Lakh
EBITDA margin 2.2%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹22.9 Cr
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
1
Provident fund records
Directors on board
3
As per MCA filings
About Incred Finserv Private Limited
Data last updated:
Incred Finserv Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Incred Financial Services Limited. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 17 February 2016 and has been in existence for over 10 years.
Its director Bhupinder Singh is #492 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2016PTC273211. Its GSTIN is 27AAGCB6271M1Z9 (Maharashtra). The company holds 11 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹22.9 Cr. It was formerly known as Incred Technologies and Services Private Limited and Incred Fintech Private Limited. It is led by directors including Prithviraj Vaikalathur Chandrasekhar and Bhupinder Singh.
Its last annual general meeting (AGM) was held on 09 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.98 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.85 Cr (net margin 11.6%) and EBITDA of ₹35.02 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 34% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: InCred. The company has 6 deals on record (5 rights issues, 1 secondary share transfer); the latest was in September 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website incred.com.
Company details
CIN U72900MH2016PTC273211
Registration Number 273211
Incorporation Date 17 February 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 09 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Incred Financial Services Limited
Compliance Status Active Compliant
Name history
Incred Finserv has undergone 4 name changes throughout its history. The current legal name is Incred Finserv Private Limited.
| Company Name | Status |
|---|---|
| Incred Finserv Private Limited | Current |
| Incred Technologies And Services Private Limited | Previous |
| Incred Fintech Private Limited | Previous |
| Bee Fintech Private Limited | Previous |
Key People
Kamlesh Rajaninath Dangi Additional Director Prithviraj Vaikalathur Chandrasekhar Director Bhupinder Singh Director Recognitions & Rankings of Incred Finserv
Contact details
Incred Finserv Private Limited's registered office is in Mumbai, Maharashtra. Its website is incred.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 1203 12th Floor B Wing The Capital Plot No. C – 70 G Block B, Kc, Mumbai, Maharashtra, India – 400051
- IndustryInternet, Online Financial Services
To see the full contact details of Incred Finserv Private Limited, buy the company report.
Comprehensive company report
Incred Finserv Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Incred Finserv operates one associated brand: InCred. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial services are provided, specializing in personal and business loans. | incred.com |
Business activity
The main business activity of Incred Finserv is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
Financials of Incred Finserv Private Limited
FY 2025 filings availableIncred Finserv Private Limited reported revenue of ₹15.98 Cr (up 10310% YoY) for FY 2025.
Revenue · FY 2025
₹15.98 Cr ▲ 10310%
Net profit · FY 2025
₹1.85 Cr margin 11.6%
EBITDA · FY 2025
₹35.02 Lakh margin 2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 70%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 202%
3 years · compounded
▲ 43%
5 years · compounded
▲ 43%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years. EBITDA rose 202% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹35.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.85 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 11.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Incred Finserv Private Limited, buy the company report.
Board of directors of Incred Finserv Private Limited
Incred Finserv has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlesh Rajaninath Dangi Also directs: Incred Value Plus Private Limited, Incred Wealth Private Limited | Additional Director | 03 Oct 2024 | 2 Years 1 Months | Current |
| Prithviraj Vaikalathur Chandrasekhar Also directs: Incred Corporate Solutions Limited, Incred Premier Distribution Private Limited, Evenstar Insights Private Limited and 1 more | Director | 30 Mar 2023 | 3 Years 7 Months | Current |
| Bhupinder Singh Also directs: Incred Wealth Private Limited, Naab Restaurant LLP, Bhajji Da Dhaba Hospitality Private Limited and 5 more | Director | 17 Feb 2016 | 10 Years 8 Months | Current |
Auditor
Incred Finserv Private Limited is audited by S R Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Incred Finserv Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Incred Finserv Private Limited, buy the company report.
Deals & funding
Incred Finserv Private Limited has 6 deals on record (5 rights issues, 1 secondary share transfer); the latest was in September 2017.
Total deals
6
Rights issues
5
Secondary share transfer
1
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Incred Prime Finance Private Limited Seller: Bee Finance Limited, an individual |
| Jan 2017 | Rights issue | ₹90 Lakh | Investors: Bee Finance Limited |
| Dec 2016 | Rights issue | ₹1.15 Cr | Investors: Bee Finance Limited |
| Nov 2016 | Rights issue | ₹85 Lakh | Investors: Bee Finance Limited |
| Sep 2016 | Rights issue | ₹49 Lakh | Investors: Bee Finance Limited |
To see the full deal history of Incred Finserv Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Incred Finserv Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Incred Finserv Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Incred Finserv Private Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-95.45%
GST
Incred Finserv has 11 GST registrations: 10 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
11
Active
10
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCB6271M1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 27AAGCB6271M2Z8 | Maharashtra | Active | 26 Mar 2025 |
| 29AAGCB6271M1Z5 | Karnataka | Active | 21 Jul 2017 |
| 07AAGCB6271M2ZA | Delhi | Active | 22 Jul 2017 |
To see the full GST registrations and return filing status of Incred Finserv Private Limited, buy the company report.
Recent activity
Incred Finserv Private Limited has 8 board changes on record since 2016: 3 appointments and 5 cessations. The latest: Gaurav Maheshwari ceased to be CFO on 01 Apr 2025.
AGM
Incred Finserv Private Limited last Annual general meeting of members was held on 09 Sep 2025 as per latest MCA records.
Ceased
Gaurav Maheshwari ceased to be CFO.
Filing
Incred Finserv Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Kamlesh Rajaninath Dangi was appointed as Additional Director.
Ceased
Prithviraj Vaikalathur Chandrasekhar ceased to be Additional Director.
Appointed
Prithviraj Vaikalathur Chandrasekhar was appointed as Director.
Ceased
Vivek Bansal ceased to be Additional Director.
Ceased
Saurabh Jhalaria ceased to be Additional Director.
Ceased
Nitin Agarwal ceased to be Director.
Appointed
Bhupinder Singh was appointed as Director.
Incorporation
17 Feb 2016
Incred Finserv Private Limited was registered on 17 Feb 2016 with Roc Mumbai & aged 10 years 8 months as per MCA records.
News
Frequently asked questions
Incred Finserv is an active private limited company based in Mumbai, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 17 February 2016 (10+ years old) and is registered under CIN U72900MH2016PTC273211.
Incred Finserv has 3 current directors:
- Kamlesh Rajaninath Dangi - Additional Director
- Prithviraj Vaikalathur Chandrasekhar - Director
- Bhupinder Singh - Director
The latest financial statements of Incred Finserv on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Incred Finserv is 27AAGCB6271M1Z9, registered in Maharashtra. The company has 11 GST registrations in all, of which 10 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAGCB6271M2Z8 (Maharashtra), 29AAGCB6271M1Z5 (Karnataka), 07AAGCB6271M2ZA (Delhi).
The CIN (Corporate Identification Number) of Incred Finserv is U72900MH2016PTC273211. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Incred Finserv was incorporated on 17 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Incred Finserv has 6 deals on record (5 rights issues, 1 secondary share transfer); the latest was in September 2017.
Gaurav Maheshwari ceased to be CFO on 01 Apr 2025. Kamlesh Rajaninath Dangi was appointed as Additional Director on 03 Oct 2024. Prithviraj Vaikalathur Chandrasekhar ceased to be Additional Director on 26 Jun 2023. Incred Finserv has 8 board changes on record in total.
Incred Finserv can be reached through the website incred.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Incred Finserv is at Unit No. 1203 12th Floor B Wing The Capital Plot No. C – 70 G Block B, Kc, Mumbai, Maharashtra, India – 400051.
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