Incred Holdings Limited

Incred Holdings Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U67190MH2011PLC211738 Incorporated 03 January 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company financial services
Data last updated
Revenue · FY 2025
₹1,893.77 Cr
▲ 46.00% YoY
EBITDA · FY 2025
*****
▲ 32.00% YoY
Net profit · FY 2025
*****
▲ 21.00% YoY
Authorised capital
₹2,003.03 Cr
Registered with MCA
Paid-up capital
₹655.69 Cr
Issued & subscribed
Open charges
None
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
2
Latest available

About Incred Holdings Limited

Data last updated: 24 December 2025

Incred Holdings Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Kkr India Financial Investments Pte Ltd.. It specialises in diversified financial services, a part of the broader financial services sector. Incorporated on 03 January 2011, the company has been in operation for over 15 years.

Registered with ROC Mumbai under CIN U67190MH2011PTC211738.

Capital: an authorised share capital of ₹2,003.03 Cr and a paid-up capital of ₹655.69 Cr. Formerly known as Kkr Capital Markets India Limited and Kkr Capital Markets India Private Limited. It is led by directors including Vivekanand Suryaprakash Periayapatnam and Rupa Rajul Vora.

Last AGM: 10 September 2025. Financial statements filed for year ended 31 March 2025. Office: Unit No. 1203 12Th Floor B Wing The Capital Plot No. C – 70 G Block Bkc, Mumbai, Maharashtra, India – 400051.

As per the financials filed for FY 2025, the company reported a revenue of ₹1,893.77 Cr, a growth of 46% compared to the previous year.

The company has a workforce of approximately 2 employees as per the latest available data. It operates as a subsidiary of Kkr India Financial Investments Pte Ltd..

The company is associated with 1 brand - Incred.

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 of Incred Holdings Limited
CIN U67190MH2011PLC211738
Registration Number 211738
Incorporation Date 03 January 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 10 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Kkr India Financial Investments Pte Ltd.
Compliance Status Active Compliant
Key People
Bhupinder Singh Whole-Time Director Gaurav Maheshwari Cfo Vivekanand Suryaprakash Periayapatnam Director
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Registered Address
    Unit No. 1203 12Th Floor B Wing The Capital Plot No. C – 70 G Block Bkc, Mumbai, Maharashtra, India – 400051
  • Industry
    Financial Services, Diversified Financial Services
Company report
Incred Holdings Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Incred Holdings Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Incred Holdings Limited

Incred Holdings Limited has undergone 2 name changes throughout its history. The company was previously known as Kkr Capital Markets India Limited, and Kkr Capital Markets India Private Limited. The current legal name is Incred Holdings Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Incred Holdings Limited Current
Kkr Capital Markets India Limited Previous
Kkr Capital Markets India Private Limited Previous

CIN History of Incred Holdings Limited

Incred Holdings Limited has one previous CIN (Corporate Identification Number): U67190MH2011PTC211738. The current CIN is U67190MH2011PLC211738, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U67190MH2011PLC211738 Current
U67190MH2011PTC211738 Previous

Associated Brands with Incred Holdings Limited

Incred Holdings Limited operates one associated brand: InCred. These brands represent Incred Holdings Limited's diversified market presence and brand portfolio.

Brand Description Website
InCred
Financial services are provided, specializing in personal and business loans. incred.com

Competitors & Alternatives of Incred Holdings Limited

Brands and companies operating in the same space as Incred Holdings Limited include FlexiLoans, Clix Capital, Oxyzo and 4 more.

Competitor Description Location Founded
FlexiLoans FlexiLoans Business loans and financial products for MSMEs are provided. Mumbai, India, India 2016
Clix Capital Clix Capital Lending platform for consumers and businesses is provided. Gurugram, India, India 2016
Oxyzo Oxyzo Financial solutions including loans are provided for SMEs and corporates. Gurugram, India, India 2016
Usha Financial Usha Financial NBFC offering loans to entrepreneurs, MSMEs, and individuals Delhi, India, India 2006
DMI Finance DMI Finance Personal, MSME, consumption, and EV loans are provided digitally. Delhi, India, India 2008
Niyogin Niyogin Online lending marketplace for business loans Mumbai, India, India 1988
Credit Fair Credit Fair Solar financing solutions are provided by Credit Fair in India. Mumbai, India, India 2018

Business Activity of Incred Holdings Limited

Incred Holdings Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including financial advisory, brokerage and consultancy services.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
K Financial and insurance Service K7 Financial Advisory, brokerage and Consultancy Services *********

Board of Directors of Incred Holdings Limited

Incred Holdings Limited is currently managed by 9 directors, with 29 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Vivekanand Suryaprakash Periayapatnam
Also directs: Incred Financial Services Limited, Inara Capital Advisors Private Limited, Oaks Asset Management Private Limited
Director 26 Jul 2022 3 Years 11 Months Current
Rupa Rajul Vora
Also directs: Omniactive Health Technologies Limited, Saarathi Finance And Credit Private Limited, Incred Financial Services Limited and 5 more
Director 26 Jul 2022 3 Years 11 Months Current
Gaurav Maheshwari
Also directs: Incred Financial Services Limited, Incred Capital Financial Services Limited
Cfo 16 Dec 2024 1 Years 6 Months Current
Sekar Karnam
Also directs: Incred Financial Services Limited, Laurus Labs Limited, Ugro Capital Limited and 1 more
Director 26 Jul 2022 3 Years 11 Months Current
Bhupinder Singh
Also directs: Incred Financial Services Limited, Naab Restaurant Llp, Bhajji Da Dhaba Hospitality Private Limited and 5 more
Whole-Time Director 26 Jul 2022 3 Years 11 Months Current
Saurabh Kant Singh
Also directs: Annadata Technologies India Private Limited
Additional Director 02 Aug 2025 0 Years 11 Months Current
Showing 6 of 9 current directors. View all directors

Financials of Incred Holdings Limited FY 2025 filings available

Incred Holdings Limited reported revenue of ₹1,893.77 Cr (up 46% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹1,893.77 Cr ▲ 46%
Profit
***** ▲ 21%
EBITDA
***** ▲ 32%
Metrics
*****
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*****
*****
*****
Revenue
Revenue from Operations
*****
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Revenue Growth %
*****
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Other Income
*****
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Total Revenue
*****
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Expenses
Total Expenses
*****
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
*****
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Employee Cost
*****
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Managerial Remuneration
*****
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Audit Fees
*****
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Insurance
*****
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Power & Fuel
*****
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Interest
*****
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Depreciation
*****
*****
*****
*****
*****
Other Expenses
*****
*****
*****
*****
*****
Profitability
EBITDA (Operating Profit)
*****
*****
*****
*****
*****
Operating Margin %
*****
*****
*****
*****
*****
Exceptional Items
*****
*****
*****
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Extraordinary Items
*****
*****
*****
*****
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Profit Before Exceptional & Extraordinary Items
*****
*****
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Profit Before Tax
*****
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*****
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*****
Tax & Net Profit
Tax Expense
*****
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*****
*****
*****
Current Tax
*****
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Deferred Tax
*****
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Profit from Discontinued Operations
*****
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Tax on Discontinued Operations
*****
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Profit
*****
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Net Margin %
*****
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Metrics
*****
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Shareholders' Funds
Total Shareholders' Funds
*****
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Equity Capital
*****
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Reserves & Surplus
*****
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Money Against Warrants
*****
*****
*****
*****
*****
Other Equity
*****
*****
*****
*****
*****
Non-Current Liabilities
Total Non-Current Liabilities
*****
*****
*****
*****
*****
Long-Term Borrowings
*****
*****
*****
*****
*****
Deferred Tax Liabilities
*****
*****
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*****
*****
Other Non-Current Liabilities
*****
*****
*****
*****
*****
Long-Term Provisions
*****
*****
*****
*****
*****
Current Liabilities
Total Current Liabilities
*****
*****
*****
*****
*****
Short-Term Borrowings
*****
*****
*****
*****
*****
Trade Payables
*****
*****
*****
*****
*****
Other Current Liabilities
*****
*****
*****
*****
*****
Short-Term Provisions
*****
*****
*****
*****
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Total Equity & Liabilities
*****
*****
*****
*****
*****
Non-Current Assets
Non-Current Assets
*****
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*****
*****
*****
Tangible Assets
*****
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Intangible Assets
*****
*****
*****
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*****
Capital WIP
*****
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Intangibles Under Dev
*****
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Investments
*****
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*****
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*****
Deferred Tax Assets
*****
*****
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*****
*****
LT Loans & Advances
*****
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*****
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*****
Other Non-Current Assets
*****
*****
*****
*****
*****
Current Assets
Current Assets
*****
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Current Investments
*****
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*****
Inventories
*****
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Trade Receivables
*****
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Cash & Bank Balance
*****
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ST Loans & Advances
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Other Current Assets
*****
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*****
Total Assets
*****
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*****
Metrics
*****
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*****
*****
Cash from Operating Activities (CFO)
Profit Before Tax
*****
*****
*****
*****
*****
Non-Cash Adjustments
*****
*****
*****
*****
*****
+ Interest Expense
*****
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*****
+ Depreciation
*****
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*****
+/- Unrealized Forex
*****
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*****
*****
- Dividend Income
*****
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*****
*****
*****
- Interest Income
*****
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*****
*****
*****
+/- Other Non-Cash Items
*****
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*****
*****
Changes in Working Capital
*****
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*****
*****
*****
+/- Inventory
*****
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*****
+/- Debtors
*****
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+/- Creditors
*****
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Reconciliation Adjustments
*****
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Cash Generated from Operations
*****
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*****
Income Taxes Paid
*****
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*****
*****
*****
Net CFO (Cash from Operations)
*****
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*****
*****
*****
Cash from Investing Activities (CFI)
Acquisitions & Disposals
*****
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Disposal of Subsidiaries
*****
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Acquisition of Subsidiaries
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Capex
*****
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Purchase of Fixed Assets
*****
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Sale of Fixed Assets
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Other Investing Cash Flows
*****
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*****
*****
Net CFI (Cash from Investing)
*****
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*****
Cash from Financing Activities (CFF)
Equity Issuance
*****
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Debt Raised
*****
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Debt Repaid
*****
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
*****
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Net Cash Position
Net Change in Cash (Pre-Forex)
*****
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*****
Closing Cash & Equivalents
*****
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*****
Metrics
*****
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*****
Liquidity
Current Ratio
*****
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Quick Ratio
*****
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Cash Ratio
*****
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Efficiency
Inventory Days
*****
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Debtor Days
*****
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Creditor Days
*****
*****
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Cash Conversion Cycle
*****
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Asset Turnover
*****
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*****
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*****
Profitability
Net Profit Margin %
*****
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*****
*****
*****
Operating Margin %
*****
*****
*****
*****
*****
ROE %
*****
*****
*****
*****
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ROCE %
*****
*****
*****
*****
*****
Net Worth Margin %
*****
*****
*****
*****
*****
Growth
Revenue Growth %
*****
*****
*****
*****
*****
Leverage
Equity Multiplier
*****
*****
*****
*****
*****
Debt / EBITDA
*****
*****
*****
*****
*****
Solvency
D/E Ratio
*****
*****
*****
*****
*****
ICR
*****
*****
*****
*****
*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings Incred Holdings Limited

Incred Holdings Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Incred Holdings Limited

View historical data on people associated with Incred Holdings Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Incred Holdings Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Incred Holdings Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Incred Holdings Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Incred Holdings Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Incred Holdings Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Incred Holdings Limited

MSME Payment Delays by Incred Holdings Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Incred Holdings Limited

Subsidiaries & Group Companies of Incred Holdings Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Incred Holdings Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Incred Holdings Limited

MCA Filings & Documents of Incred Holdings Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Incred Holdings Limited

Directors
29 Oct 2025
Ambika Bisla was appointed as a Additional Director on 29 Oct 2025 & has been associated with this company since 8 months 11 days.
Activity
10 Sep 2025
Incred Holdings Limited last Annual general meeting of members was held on 10 Sep 2025 as per latest MCA records.
Directors
02 Aug 2025
Saurabh Kant Singh was appointed as a Additional Director on 02 Aug 2025 & has been associated with this company since 11 months 8 days.
Directors
24 Apr 2025
Gaurav Maheshwari was appointed as a Cfo on 24 Apr 2025 & has been associated with this company since 1 year 2 months.
Activity
31 Mar 2025
Incred Holdings Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Directors
16 Dec 2024
Gaurav Maheshwari was appointed as a CFO on 16 Dec 2024 & has been associated with this company since 1 year 6 months.

Recent News on Incred Holdings Limited

Private credit firms circle Barings’ loan book
25 Mar 2024 · Alternative Credit Investor
Avantus Receives Investment from KKR
22 Mar 2024 · FinSMEs
KKR secures backing for £1.3bn takeover of SMS
22 Mar 2024 · Daily Business

Frequently Asked Questions about Incred Holdings Limited

Incred Holdings Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 03 January 2011 (15+ years old) and is registered under CIN U67190MH2011PLC211738. The company has 2 employees.

Incred Holdings Limited reported revenue of ₹1,893.77 Cr for FY 2025 (up 46.00% YoY).

The current directors of Incred Holdings Limited are:

The primary industry of Incred Holdings Limited is financial services. The company specifically operates in diversified financial services. The company is currently active in this sector.

Incred Holdings Limited can be reached at the registered office: Unit No. 1203 12Th Floor B Wing The Capital Plot No. C – 70 G Block Bkc, Mumbai, Maharashtra, India – 400051, or through the website incred.com.

The authorised capital is ₹2,003.03 Cr, and the paid-up capital is ₹655.69 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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