Incred

Oyo Assets raises ₹125 crore in fresh funding round led by InCred

OYO parent PRISM-backed OYO Assets has raised Rs 125 crore in a fresh funding round from a clutch of institutional and private investors led by InCred, according to sources. OYO Assets, also known as Sunday PropTech, is focused on acquiring and developing hotels in India across premium and mid-premium segments. The equity infusion will enable OYO Assets (Sunday PropTech) to expand its presence in key leisure and business destinations and enhance its asset management capabilities. The funding amount in the latest round stands at Rs 125 crore, people aware of the development said. "The early performance of the portfolio demonstrates resilience, consistent cash flows, and clear unit-level profitability in a sector that is increasingly attracting organised capital. Sunday PropTech stands out for its coherent strategy and its ability to execute with precision. This capital raise strengthens the platform's ability to acquire high-quality assets at scale while maintaining robust financial

InCred Holdings submits draft prospectus to Sebi for upcoming IPO

InCred Holdings submits draft prospectus to Sebi for upcoming IPO launch

InCred Holdings files preliminary papers with Sebi for ₹3,000-4,000 cr IPO

InCred Holdings, an arm of NBFC InCred Financial Services, has filed preliminary papers with markets regulator Sebi through the confidential pre-filing route, and people familiar with the matter pegged the proposed issue size at Rs 3,000-Rs 4,000 crore. In a public announcement on Sunday, the company said it has submitted "the pre-filed draft red herring prospectus with Sebi and the stock exchanges in relation to the proposed initial public offering (IPO) of its equity shares on the main board". The filing comes as the Bhupinder Singh-founded InCred Group looks to tap the capital markets on the back of a strong financial performance in FY25 and a well-diversified lending portfolio, spanning personal loans, student loans, specialised MSME loans, secured business loans, and loans to financial institutions. Since its inception in 2016, InCred Financial Services (InCred Finance) has disbursed loans worth over Rs 25,000 crore, serving more than 4 lakh customers through a network of over

InCred upgrades SAIL to 'Add', lifts target; stable outlook supports upside

Steel Authority's biggest competitive advantage remains its fully integrated raw material base, unlike private steelmakers such as Tata Steel or Jindal Steel and Power

InCred, Analah consortium invests ₹50 cr in PRISM-backed Sunday PropTech

Sunday PropTech, backed by PRISM, raises Rs 50 crore from InCred and Analah-led consortium to expand premium and mid-premium hotels under brands such as Sunday and Townhouse

Camlin Fine shares can double your money in 1 year, says InCred Equities

On the bourses at 1:01 PM, Camlin Fine Sciences share price was trading 0.28 per cent lower at ₹231.85 per share. By comparison, BSE Sensex was trading 0.21 per cent lower at 82,451.90 levels.

Stocks to buy today: InCred Equities picks 21 stocks to 'Add' for June 2025

Looking for the best stocks to buy today? Incred Equities has released its top stock picks for June 2025, recommending 21 stocks to 'Add' across largecap, midcap, and smallcap segments

KKR-backed InCred said to be in talks with advisers on $470 million IPO

InCred Financial plans to file documents soon for a share offering in Mumbai that might take place by October, the people said

SBI share price hits 52-week low as InCred Equities downgrades to 'Hold'

According to InCred Equities analysts, the average return on equity (RoE) of about 16-17 per cent that State Bank of India (SBI) has delivered in recent years is seen as unsustainable

ABB India: Brokerages cut target post Q4; Nomura downgrades to 'Reduce'

A key factor influencing the change in target price is ABB India's disappointing order inflow, which missed expectations by 24 per cent, highlighting potential challenges in the near-term

Weak demand weighs on Asian Paints Q3; analysts see more pain in near-term

Asian Paints' consolidated net profit attributable to the owners of the company declined 23.3 per cent year-on-year (Y-o-Y) to Rs 1,110.5 crore in Q3FY25, down from Rs 1,447.7 crore in Q3FY24

Tata Motors Q3 disappoints, analysts lower targets, ratings; stock tanks 9%

Tata Motors' consolidated profit for Q3FY25 fell 22.4 per cent year-on-year (Y-o-Y) to Rs 5,451 crore, from Rs 7,025 crore in Q3FY24

Bajaj Auto gets mixed reactions from brokerages after muted Q3 results

Despite the strong export performance, the overall Q3 results were seen as somewhat lacklustre, leading to mixed reactions from brokerages

Cred launches new features as it expands financial services products

The launch of new features comes as the Bengaluru-based firm looks to expand its suite of financial products for its user base pegged at 14 million

SBI Card loses credit card market share in July; InCred retains 'Reduce'

InCred's target price translates into 30.7 per cent downside in the share price from previous close of Rs 721.15 per share.

Cred receives nod from BBPS to operate as a customer operating unit

As an agent institution of BBPS, the company processed over Rs 15,000 crore in bill payments across banks in July

Tata Elxsi falls 3% as analysts caution on high valuation, near term risks

According to analysts, Tata Elxsi's revenue growth was led by ramp-up of deals in the transportation vertical but was offset by softness in the media and communication

25 Indian startups drop out of Hurun India Future Unicorn Index 2024

Funding winter shows, cheetahs too lose steam

Fintech unicorn InCred Finance doubles profit to Rs 298 crore in 9MFY24

InCred Finance, a non-banking financial company (NBFC), said its loan portfolio is spread across segments such as consumer loans, education loans, and small and medium enterprise (SME) lending

InCred announces list of investors injecting Rs 500 crore in company

The round saw participation from ultra-high-net-worth individuals (HNIs), Family Offices, and institutional investors such as Varanium Capital Advisors and Sattva Group