InCred Holdings, the parent of non-banking financial company InCred Financial Services, has filed draft IPO papers via a confidential route with SEBI. The company is reportedly planning for a ₹4,000-5,000 crore worth IPO, including a pre-IPO placement of around ₹300 crore. "The filing of a pre-filed draft papers doesn't necessarily mean we will undertake the IPO," the firm said.