InCred Holdings UDRHP: A Look At Shareholding Pattern & Key Executives

by · Inc42

SUMMARY

  • Global investment firm KKR, which is one of the largest shareholders in InCred, intends to sell the highest number of up to 4 Cr shares via the IPO
  • MNI Ventures, a subsidiary of the Manipal Education & Medical Group (MEMG), as well as MEMG Family Office will be selling up to 1.98 Cr shares and 1.01 Cr shares, respectively
  • Of the ₹1,250 Cr it intends to raise from the IPO, the company will primarily be looking at fortifying  the capital base of its wholly owned subsidiary, InCred Financial Services Ltd (IFSL)