Ananya Birla’s Svatantra Microfin Files ₹3,000-Crore IPO: ₹1,500-Crore Fresh Issue, OFS Explained

Ananya Birla-led Svatantra Microfin has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a ₹3,000-crore IPO. The issue includes a ₹1,500-crore fresh equity issue and a ₹1,500-crore offer for sale by existing investors Multiples Private Equity Funds and Violicina Limited. The company plans to use fresh issue proceeds to strengthen its Tier-I capital and support future growth and lending. Svatantra Microfin’s microfinance AUM rose to ₹21,093 crore as of March 2026, while its gross Stage-3 ratio improved to 1.19%. The company operates across 20 states with over 2,100 branches.