3 hrs ago
Fibe Receives SEBI Approval to Move Ahead With IPO
Fibe is a company that gives people digital loans.
It wants to sell shares to the public through an IPO.
India’s market regulator, SEBI, has given its observations, allowing the company to continue preparing for the IPO.
The IPO will create ₹750 crore worth of new shares.
Existing investors also plan to sell more than 4 crore shares.
Fibe will use much of the new money to support its subsidiary, EarlySalary Services.
That money will help the subsidiary lend to more people.
Fibe uses artificial intelligence, machine learning and data science in several parts of its lending business.
Social Worth Technologies, which operates the Fibe digital lending platform, received SEBI’s observations for its proposed IPO.
The offering includes a fresh issue worth ₹750 crore and an offer-for-sale of more than 4 crore existing shares.
Fresh-issue proceeds will strengthen subsidiary EarlySalary Services’ capital base and support onward lending.
Fibe offers personal loans and purpose-driven financing for consumption, education, insurance and healthcare needs.
Its AUM reached ₹8,603 crore and profit ₹257.46 crore as of and for FY26, respectively.
- Who
- Social Worth Technologies Ltd, which operates under the Fibe brand, and existing shareholders.
- What
- The company received SEBI’s observations for a proposed IPO involving a ₹750 crore fresh issue and an OFS of more than 4 crore shares.
- Where
- The company is based in Pune, India.
- When
- SEBI issued its final observations on September 15; the regulatory update was reported on Tuesday.
- Why
- The fresh-issue proceeds will be invested in EarlySalary Services to strengthen its capital base and support onward lending, with some funds reserved for general corporate purposes.
Key facts
- Fresh issue
- ₹750 crore
- Offer for sale
- More than 4 crore equity shares
- Company incorporation
- 2015
- Assets under management
- ₹8,603 crore as of March 31, 2026
- FY26 profit
- ₹257.46 crore
- FY26 AUM mix
- Personal loans: 77.38%; purpose-driven financing: 22.62%
- IPO lead managers
- Kotak Mahindra Capital Company, Axis Capital, DAM Capital Advisors and JM Financial









