Fibe parent files draft papers with Sebi for IPO; aims to garner Rs 750-cr via fresh issue

Fibe, the parent of digital lending platform ESPL, has filed a DRHP with SEBI for an IPO comprising a fresh issue of up to Rs 750 crore and an OFS of over 4 crore equity shares by existing shareholders. The company's assets under management grew at a CAGR of 45.49 per cent to Rs 8,603 crore as of March 31, 2026, with FY26 profit rising to Rs 257.46 crore from Rs 101.24 crore in FY24. The firm, backed by International Finance Corporation, TPG Inc and Norwest, has Kotak Mahindra Capital, Axis Capital, DAM Capital Advisors and JM Financial as book-running lead managers.