Fibe wins SEBI approval for ₹750 crore IPO fresh issue
Digital consumer lender Fibe has received SEBI approval for an IPO comprising a fresh issue of up to ₹750 crore and an offer for sale of up to 4.01 crore shares. Proceeds will support lending capital at EarlySalary Services and general corporate purposes.
What happened
Digital consumer lender Fibe received SEBI approval for an IPO comprising a Rs 750 crore fresh issue and 4.01 crore-share OFS. Proceeds will fund EarlySalary
Key facts
- Fresh issue up to Rs 750 crore
- OFS up to 4.01 crore equity shares
- FY26 revenue from operations: Rs 1,585 crore
- FY25 revenue from operations: Rs 1,209 crore
- FY26 net profit: Rs 257 crore
What changed
Digital consumer lender Fibe received SEBI approval for an IPO comprising a Rs 750 crore fresh issue and 4.01 crore-share OFS. Proceeds will fund EarlySalary Services’ lending capital and corporate purposes; FY26 revenue reached Rs 1,585 crore and profit Rs 257 crore.
Why this matters
Fibe’s ₹750 crore fresh issue could expand consumer-credit availability, creating a potential demand tailwind for retailers selling higher-ticket goods through financing partnerships.
What to watch
- RHP disclosures on AUM, disbursals, GNPA/NNPA, write-offs, expected-credit-loss provisions and collection efficiency.
- The split between fresh issue and OFS, selling shareholders, pre-IPO placements and any reduction in fresh capital needs.
- RBI guidance or supervisory actions affecting unsecured personal loans, digital lending, capital requirements or NBFC funding.
- Quarterly trends in net interest margin, cost of funds, customer-acquisition cost and repeat-borrower share.
- Comparable listed NBFC and fintech valuations, especially market appetite for profitable but unsecured-credit-focused lenders.