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<xbrli:xbrl xmlns:in-capmkt="https://www.sebi.gov.in/xbrl/2022-03-31/in-capmkt" xmlns:in-capmkt-ent="https://www.sebi.gov.in/xbrl/ListingStage/2022-03-31/in-capmkt/in-capmkt-ent" xmlns:in-capmkt-roles="https://www.sebi.gov.in/xbrl/ListingStage/2022-03-31/in-capmkt-roles" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrli="http://www.xbrl.org/2003/instance">
<link:schemaRef xlink:type="simple" xlink:href="in-capmkt-ent-2022-03-31.xsd"/>

<xbrli:unit id="INR"><xbrli:measure>iso4217:INR</xbrli:measure></xbrli:unit><xbrli:unit id="pure"><xbrli:measure>xbrli:pure</xbrli:measure></xbrli:unit><xbrli:unit id="shares"><xbrli:measure>xbrli:shares</xbrli:measure></xbrli:unit><xbrli:unit id="INRPerShare"><xbrli:divide><xbrli:unitNumerator><xbrli:measure>iso4217:INR</xbrli:measure></xbrli:unitNumerator><xbrli:unitDenominator><xbrli:measure>xbrli:shares</xbrli:measure></xbrli:unitDenominator></xbrli:divide></xbrli:unit>
<in-capmkt:ISIN contextRef="OneI">INE883F01010</in-capmkt:ISIN>
<in-capmkt:DesignateStockExchange contextRef="OneD">NSE</in-capmkt:DesignateStockExchange>
<in-capmkt:DateOfIssueOpen contextRef="OneI">2024-05-08</in-capmkt:DateOfIssueOpen>
<in-capmkt:DateOfIssueClose contextRef="OneI">2024-05-10</in-capmkt:DateOfIssueClose>
<in-capmkt:SelectPriceBandOrPrice contextRef="OneD">Price Band</in-capmkt:SelectPriceBandOrPrice>
<in-capmkt:PriceBandFrom contextRef="OneD" unitRef="INRPerShare" decimals="INF">300</in-capmkt:PriceBandFrom>
<in-capmkt:PriceBandTo contextRef="OneD" unitRef="INRPerShare" decimals="INF">315</in-capmkt:PriceBandTo>
<in-capmkt:DiscountPerShare contextRef="OneD" unitRef="INRPerShare" decimals="INF">23</in-capmkt:DiscountPerShare>
<in-capmkt:CompositionOfIssue contextRef="OneD">Fresh And OFS</in-capmkt:CompositionOfIssue>
<in-capmkt:NumberOfFreshIssueShares contextRef="OneI" unitRef="shares" decimals="INF">31763535</in-capmkt:NumberOfFreshIssueShares>
<in-capmkt:NumberOfOfferForSaleShares contextRef="OneI" unitRef="shares" decimals="INF">63492063</in-capmkt:NumberOfOfferForSaleShares>
<in-capmkt:NumberOfIssueShares contextRef="OneI" unitRef="shares" decimals="INF">95255598</in-capmkt:NumberOfIssueShares>
<in-capmkt:NumberOfShareAllocatedToAnchor contextRef="OneI" unitRef="shares" decimals="INF">28504761</in-capmkt:NumberOfShareAllocatedToAnchor>
<in-capmkt:NumberOfShareAllocatedToQIB contextRef="OneI" unitRef="shares" decimals="INF">19003174</in-capmkt:NumberOfShareAllocatedToQIB>
<in-capmkt:NumberOfShareAllocatedToRII contextRef="OneI" unitRef="shares" decimals="INF">33255556</in-capmkt:NumberOfShareAllocatedToRII>
<in-capmkt:NumberOfShareAllocatedToNII contextRef="OneI" unitRef="shares" decimals="INF">14252381</in-capmkt:NumberOfShareAllocatedToNII>
<in-capmkt:NumberOfShareAllocatedToReservationPortion contextRef="OneI" unitRef="shares" decimals="INF">239726</in-capmkt:NumberOfShareAllocatedToReservationPortion>
<in-capmkt:NumberOfShareAllocatedToMarketMakerReservationPortion contextRef="OneI" unitRef="shares" decimals="INF">0</in-capmkt:NumberOfShareAllocatedToMarketMakerReservationPortion>
<in-capmkt:NumberOfShareAllocatedToOther contextRef="OneI" unitRef="shares" decimals="INF">0</in-capmkt:NumberOfShareAllocatedToOther>
<in-capmkt:MarketLot contextRef="OneI" unitRef="shares" decimals="INF">47</in-capmkt:MarketLot>
<in-capmkt:FinalIssuePrice contextRef="OneD" unitRef="INRPerShare" decimals="INF">315</in-capmkt:FinalIssuePrice>
<in-capmkt:AmountOfIssueSize contextRef="OneD" unitRef="INR" decimals="-3">30000000000</in-capmkt:AmountOfIssueSize>
<in-capmkt:NumberOfTimesIssueOverSubscribed contextRef="OneD" unitRef="pure" decimals="INF">27</in-capmkt:NumberOfTimesIssueOverSubscribed>
<in-capmkt:NumberOfSharePostIssue contextRef="OneI" unitRef="shares" decimals="INF">426518505</in-capmkt:NumberOfSharePostIssue>
<in-capmkt:ScripID contextRef="OneD">AADHARHFC</in-capmkt:ScripID>
<in-capmkt:DateOfListing contextRef="OneI">2024-05-15</in-capmkt:DateOfListing>
<in-capmkt:DateOfSubmission contextRef="OneI">2024-05-14</in-capmkt:DateOfSubmission>
<in-capmkt:NotesListingStageExplanatoryTextBlock contextRef="OneD">1) The Offer was subscribed to the extent of 26.7771 times (excluding Anchor Portion) as per the bid book of BSE and NSE (excluding the multiple, duplicate bids, Cancelled bids or withdrawal bids, RC 10 and Other than RC 10 (the Bid Book)After removing multiple and duplicate bids, Cancelled bids or withdrawal bids, RC 10 and Other than RC 10, application bid not registered and rejections cases from the Bid Book, the Offer was subscribed 26.6773 times (excluding Anchor Allocations). The gross details of     2) A Discount of Rs.23/- per Equity Share was offered to eligible employees bidding in the employee reservation portion</in-capmkt:NotesListingStageExplanatoryTextBlock>
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