Retail-focused NBFC InCred Holdings has filed updated draft papers with Sebi for its proposed IPO, aiming for a valuation of around Rs 15,000 crore. The issue size is estimated at Rs 3,000-4,000 crore, comprising a fresh issue and an Offer For Sale by existing shareholders. The company plans to launch when market conditions are suitable.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets