Upcoming IPO, Feb. 6 -- KKR-backed InCred Holdings has received approval from the market regulator, the Securities and Exchange Board of India (Sebi), on Thursday, 5 February, to raise funds through an initial public offering.

The financial services platform submitted a draft red herring prospectus (DHRP) last November via a pre-filing route, PTI reported on 9 November 2025, citing people familiar with the matter. This means the company can withhold disclosure of IPO information in the draft papers until later phases.

Other companies that received regulatory approval include Laser Power and Infra, SEDEMAC Mechatronics, Ardee Industries, Armee Infotech, Aarvee Engineering Consultants, and Shankesh Jewellers. These firms submitted their d...