Upcoming IPO: Fibe parent Social Worth Technologies files DRHP with SEBI for IPO

Social Worth Technologies Ltd, the parent of digital lending platform Fibe, filed a DRHP with SEBI for an IPO comprising a fresh issue of up to ₹750 crore and an offer-for-sale of over 4 crore equity shares. Proceeds from the fresh issue will be invested in its subsidiary EarlySalary Services to bolster capital for onward lending, with the balance for general corporate purposes. The Pune-based fintech reported AUM growth of 45.5% CAGR to ₹8,603 crore as of March 2026 and a sharp rise in net profit to ₹257.46 crore in FY26 from ₹101.24 crore in FY24, with Kotak Mahindra Capital, Axis Capital, DAM Capital Advisors and JM Financial acting as book-running lead managers.