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Company Overview
InCred is a dynamic financial services firm headquartered in India, renowned for its innovative approach in transforming lending and financial solutions. Here’s a concise summary of InCred:
Mission and Focus: InCred is committed to redefining accessibility, simplicity, and efficiency in financial services through cutting-edge technology and analytics.
Key Offerings:
- Personal Loans: Provides quick and hassle-free access to funds for various personal needs such as medical expenses, travel, or debt consolidation.
- Education Loans: Supports students with comprehensive financial solutions covering tuition fees, living expenses, and related costs.
- Home Loans: Offers competitive and flexible mortgage solutions, enabling individuals to achieve their dream of homeownership.
- Small Business Loans: Tailors financial solutions to foster the growth of small businesses, recognizing their pivotal role in the economy.
Milestones:
- Inception and Founding: Founded with a focus on innovation and customer-centricity to address gaps in traditional lending practices.
- Expansion of Product Portfolio: Continuously diversifies offerings to encompass a wide range of financial solutions.
- Technological Advancements: Utilizes advanced technology for streamlined processes, improved customer experiences, and enhanced risk management.
- Strategic Partnerships: Forged alliances with financial institutions, technology firms, and key stakeholders in the financial ecosystem.
- Market Presence: Extends its footprint across regions in India, with ambitions for international expansion to serve a broader customer base.
Fundamentals
| Fundamentals | Value | Fundamentals | Value |
|---|---|---|---|
| Current Price | ₹ 178 | Debt to Equity | 1.52 |
| Market Cap (in Cr.) | ₹ 10,595 | Face Value | ₹ 10 |
| Book Value | ₹ 42.81 | ROE (%) | 4.28 |
| P/B | 4.16 | P/E Ratio | 97.27 |
| PAN Number | AAECK1977B | EPS | ₹ 1.83 |
| ISIN | INE732W01014 | No. Of Shares (in Cr.) | 595.23 |
Promoters & Managements
| Name | Designation |
|---|---|
| Bhupinder Singh | Whole Time Director, CEO |
| Vivek Bansal | CFO |
| Anil Nagu | Non Executive Director |
| Vivek Anand PS | Non Executive Director |
Profit & Loss Statement
| Year | 2022 | 2023 |
|---|---|---|
| Interest Earned | 473 | 823 |
| Other Income | 51 | 58 |
| Interest Expended | 219 | 356 |
| Operating Expenses | 215 | 298 |
| Provisions & Contingencies | 43 | -24 |
| PAT (Profit After Tax) | 31 | 109 |
| EPS (Earnings Per Share) | 1.61 | 1.83 |
| Gross NPA (%) | 0 | 0 |
| Net NPA (%) | 0 | 0 |
Financial Ratios
| Ratio | 2022 | 2023 |
|---|---|---|
| Advances | 3732 | 5405 |
| Book Value | 57.83 | 42.81 |
| P / B (Price-to-Book Ratio) | 2.77 | 3.74 |
| ROE (%) (Return on Equity) | 2.78 | 4.28 |
Assets
| Assets | 2022 | 2023 |
|---|---|---|
| Fixed Assets | 35 | 43 |
| Cash and Balances | 85 | 393 |
| Investments | 81 | 70 |
| Advances | 3732 | 5405 |
| Other Assets | 102 | 768 |
| Total Assets | 4035 | 6679 |
Liabilities
| Liabilities | 2022 | 2023 |
|---|---|---|
| Share Capital | 192.75 | 595.23 |
| FV | 10 | 10 |
| Reserves | 922 | 1953 |
| Borrowings | 2815 | 3864 |
| Deposits | 0 | 0 |
| Other Liabilities | 105.25 | 266.77 |
| Total Liabilities | 4035 | 6679 |
Cash Flow Statement
| Year | 2022 | 2023 |
|---|---|---|
| PBT (%) | 42 | 1909 |
| OPBWC | 206 | 514 |
| Term Deposit | 0 | 0 |
| Change in Investment | 0 | 0 |
| Change in Advances | -1222 | -1133 |
| Change in Deposit | 0 | 0 |
| Other Changes | -124 | -78 |
| Working Capital Change | -1346 | -1211 |
| Cash Generated From Operations | -1140 | -697 |
| Tax | -18 | 28 |
| Cash Flow From Operations | -1122 | -725 |
| Purchase of PPE | -5 | -20 |
| Sale of PPE | 0 | 0 |
| Purchase of Investment | -613 | -462 |
| Sale of investments | 669 | 459 |
| Others | -38 | 416 |
| Cash flow from Investment | 13 | 393 |
| Proceeds from Borrowing | 0 | 627 |
| Repayment of Borrowing | 1140 | 0 |
| Dividend | 0 | 0 |
| Proceeds from Equity | 6.7 | 13 |
| Others From Financing | -4.7 | -6 |
| Cash Flow from Financing | 1142 | 634 |
| Net Cash Generated | 33 | 302 |
| Cash at the Start | -5 | 28 |
| Cash at the End | 28 | 330 |
Share Holding Pattern
| Shareholder | 2022 | 2023 |
|---|---|---|
| KKR India Financial Investments Pte. Ltd | 99.33% | 99.33% |
| Others | 0.67% | 0.67% |
Frequently Asked Questions (FAQ)
Find answers to common questions, providing clarity and insights to address any queries on your mind.
Contact Us: Reach out to Unlistify to confirm availability and agree on a price.
Provide KYC: Submit your Client Master Report, PAN card, and a cancelled cheque.
Make Payment: Transfer funds to our designated bank account (RTGS/NEFT/IMPS/cheque). Ensure the payment originates from the same account where you want the shares credited.
Receive Shares: We’ll transfer the Incred Holdings shares to your Demat account within 24 hours of payment confirmation.
Get a Quote: Unlistify will provide a buyback price for your Incred Holdings shares.
Share Details: Submit your Client Master Report.
Transfer Shares: Transfer the Incred Holdings shares to our Demat account using a DIS (Delivery Instruction Slip).
Receive Payment: We’ll transfer funds to your bank account within 24 hours of receiving the shares (RTGS/NEFT/IMPS/cheque). For security reasons, payment will only be made to the account linked to your Demat
DIS (Delivery Instruction Slip): A DIS is a form used to authorize the transfer of shares from your Demat account.
Methods:
Offline DIS: Fill out a physical DIS form with details like the ISIN number, quantity, price of your Incred Holdings shares, and our account information. Submit this to your broker.
Online DIS: Some brokers offer online DIS systems for easier transfers.
Unlistify aims to make unlisted share investing accessible. The current minimum investment for Incred Holdings Unlisted Shares is approximately 35,000 – 50,000 INR.
Limited Liquidity: Unlisted shares are not traded on public exchanges, making it potentially harder to find buyers when you want to sell.
Price Volatility: Prices can fluctuate more than listed shares due to less publicly available information.
Regulatory Changes: Regulations for unlisted shares can change, affecting their value and trading.
Company-Specific Risks: Each company has its own risks related to its industry, financials, and management.
No Guarantee of Listing: There’s no assurance that unlisted shares will ever be listed on a public exchange.
Market Leader: Unlistify is one of India’s fastest-growing unlisted share platforms.
Transparency: We provide clear information about each unlisted share, including potential risks.
Security: We prioritize the protection of your financial information.
Customer Support: Our team is dedicated to guiding you through the investment process.
Latest Funding: We consider the valuation from Incred Holdings most recent funding round.
Comparable Companies: If there’s no recent funding, we analyze similar listed companies to estimate a fair value.
SEBI’s Influence: SEBI regulations do apply to some aspects of unlisted share trading, such as lock-in periods and transaction charges. However, there are no specific SEBI regulations for becoming an unlisted broker.
We aim for same-day transfer of Incred Holdings Unlisted Shares to your Demat account after your payment is confirmed.
Tax Transition: Once your unlisted Incred Holdings shares are listed and sold on an exchange, standard listed share tax rules apply.
Holding Period: Your holding period (for determining long-term vs. short-term capital gains tax) starts from the original unlisted purchase date.
