Overview

The Company is into Amc Business, Wealth Management, Wholesale Debt Segment & Equity Broking. It Also Holds a 51% stake in Incred Money, which is working on the same lines of small case, Upstox & Zerodha. Incred Capital Financial Services Private Limited is a Private incorporated on 27 March 1996. It is classified as a Non-govt company and is registered at Registrar of Companies, Mumbai. It is involved in Activities auxiliary to financial intermediation, except insurance and pension funding. [This Group includes activities involved in or closely related to financial intermediation other than insurance and pension funding but not themselves involving financial intermediation].

InCred Capital established its presence in India in 2018 as part of the InCred Group, a diversified financial services firm. It is a new age financial services provider focused on bringing cutting-edge solutions to sophisticated individual investors and institutional clients. They provide access to an all-in-one ecosystem of experts to craft bespoke solutions for Indian wealth creators.

Business

• Wealth Management: 

• Assets Management

• Wholesale Banking

Management

Bhupinder Singh - Founder & CEO, InCred Group

Mrinal Singh - CEO & CIO, InCred Asset Management

Nitin Rao - CEO, InCred Wealth

Venky Vishwanathan - CEO, InCred Investment Banking & Capital Market

Timeline

September 2018: InCred Capital established

September 2019: Investment Banking & Structured Finance platforms set up

December 2019: Acquisition of MAPE IB

January 2020: Domestic Wealth Management business launched

July 2020: Acquisition of Vishuddha to launch InCred AMC

April 2021: InCred international Wealth launched in Singapore

October 2021: Launch of InCred AMC’s Multi-cap and Healthcare Strategies

December 2022: Launch of InCred Money

May 2023: Launch of InCred AMC’s Equity Quant Fund

Subsidiaries

• InCred Asset Management Private Limited 

• InCred Wealth and Investment Services Private Limited 

• InCred Alternative Investments Private Limited

Dividend Details

The Board of Directors of the Company does not recommend the payment of dividends for the financial year ending March 31, 2022.

IPO Details

There is no information provided regarding the IPO Plans.

Registered Office

The company’s registered office is in Mumbai, Maharashtra, India.

Incred Capital Share Price & Incred Capital Unlisted Share Price

As of today, information relating to the Incred Capital share price and unlisted share price is not publicly available. Investors seeking this information can try contacting financial advisors or visit official websites for any available information relating to share prices, especially if they are considering trading Incred Capital's shares.

Performance Highlights for FY 2023-24

• The Company’s revenue from operations increased to Rs 331 Crores in FY24 from Rs. 152 Crores in FY23.

• The Total Expense (excluding finance cost and depreciation cost) increased from Rs 214.8 Crores in FY23 to Rs 277.1 Crores in FY24.

• The Profit Before tax was Rs 94.5 Crores in FY23 and reached negative Rs 18.5 Crores in FY24.

• The Profit After tax was Rs 72.5 Crores in FY23 and reached negative Rs 22.1 Crores in FY24.

• There is a cash outflow of Rs 48 Crores from Operating Activities.

• The company spent Rs 392 Crores on Investing activity. 

• There is a cash inflow of Rs 652 Crores on Financing activity.