Social Worth Technologies Ltd, the parent company of digital lending platform Fibe, filed draft papers with the Securities and Exchange Board of India (SEBI) to raise up to ₹750 crore through an initial public offering (IPO), according to livemint.com. The company aims to use the proceeds to support its subsidiary EarlySalary Services and meet corporate requirements.
Founded in 2015, Social Worth Technologies has diversified its lending portfolio and significantly improved profitability since 2021. The IPO will consist of a fresh issue of equity shares, with the company seeking to strengthen its capital base and expand its digital lending operations. The filing with SEBI marks a key step in the company’s plan to enter the public markets.
The digital lending sector in India has seen increased investor interest amid growing demand for fintech credit solutions. Social Worth Technologies’ move to go public follows a trend among fintech firms leveraging technology to scale lending services. Comparable companies in the sector have raised capital through IPOs and private rounds to fund growth and innovation in consumer lending.
The company’s draft red herring prospectus (DRHP) filing with SEBI was made public on June 30, 2026, signaling the start of the regulatory review process. The final IPO size and pricing will be determined after SEBI’s approval and market conditions are assessed.