Social Worth Technologies Ltd, the parent company of digital lending platform Fibe, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an initial public offering.
The Pune-based firm aims to raise up to ₹750 crore through the issuance of new shares, marking a significant liquidity event for the fintech group.
The capital raised will be deployed to support the operations of its subsidiary, EarlySalary Services, alongside meeting general corporate requirements.
Founded in 2015, Social Worth Technologies has built its business around digital lending solutions, with Fibe serving as its primary consumer-facing brand.
The filing signals the company's intent to transition from private equity funding to public market capitalization.
The move comes as Indian fintech firms increasingly look to public markets to fund expansion and deleverage.