Svatantra Microfin Ltd. IPO Details
Svatantra Microfin was incorporated on February 17, 2012. The company is an inclusion-focused NBFC providing microfinance and affordable housing loans to individuals and small entrepreneurs, supporting financial independence and economic participation. Promoted by Ananya Birla, it was the first institution to receive an NBFC-MFI license introduced by the RBI in 2011
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 0 | - | - | ₹30000.0 M | DRHP DOC |
Svatantra Microfin issue details
Svatantra Microfin IPO issue size is ₹ 30000.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Svatantra Microfin IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Svatantra Microfin NUMBER OF SHARES ON OFFER
Svatantra Microfin FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 4,120.9 | 649.4 | -5,392.6 | -5,428.7 | 51.8% |
| FY25 | 3,441.0 | 445.4 | -427.8 | -471.3 | 53.8% |
| FY24 | 2,429.2 | 345.1 | -1,149.2 | -1,169.0 | 59.1% |
Svatantra Microfin INFORMATION ON IPO ISSUE
About Svatantra Microfin
Svatantra Microfin was incorporated on February 17, 2012. The company is an inclusion-focused NBFC providing microfinance and affordable housing loans to individuals and small entrepreneurs, supporting financial independence and economic participation. Promoted by Ananya Birla, it was the first institution to receive an NBFC-MFI license introduced by the RBI in 2011
Object of the Issue
- Towards augmenting the company’s Tier I capital base to meet their future capital requirements including onward lending, arising out of growth of its business and assets
- Towards meeting the offer expenses
Svatantra Microfin - PROMOTERS
| Name |
|---|
| Ananyashree Birla |
| Antimatter Media Private Limited |
Svatantra Microfin - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Ananya Birla | Chairperson & Non-Executive Director |
| Vineet Bijendra Chattree | Managing Director |
| Anand Rao | Joint Managing Director |
| Shweta Jalan | Non-Executive Director |
| Renuka Ramnath | Non-Executive Director |
| NG Shankar | Independent Director |
| Mamta Suri | Independent Director |
| Balasubramanian Ganesh | Independent Director |
| Mathew Joseph | Independent Director |
| Ashish Razdan | Independent Director |
Svatantra Microfin Book Running Lead Manager
Axis Capital Limited
svatantra.ipo@axiscap.in
Avendus Capital Private Limited
svatantra.ipo@avendus.com
IIFL Capital Services Limited
svatantra.ipo@iiflcap.com
Kotak Mahindra Capital Company Limited
svatantra.ipo@kotak.com
SBI Capital Markets Limited
svatantra.ipo@sbicaps.com
Svatantra Microfin Registrar to the Offer
MUFG Intime India Private Limited
svatantra.ipo@in.mpms.mufg.com
Svatantra Microfin Strengths
Risk-first approach
The company follows a risk-first approach with disciplined underwriting, technology-enabled monitoring and a three-lines-of-defence framework, maintaining MFI Gross Stage 3 ratios of 1.19% in FY26 and 2.24% in FY25. Its borrower-focused model includes income-generating loans, prudent lending limits, comprehensive household assessments and flexible repayment options to support asset quality
Technology-led phygital model
The company operates a technology-led phygital model integrating digital platforms with field operations for sourcing, underwriting, disbursal, collections and grievance redressal across its pan-India network. Its AI-enabled credit assessment, API-based KYC, cashless disbursals and cloud infrastructure improve process efficiency, risk controls, security and last-mile execution
Geographically diversified
The company operates 2,123 microfinance branches across 20 states and 394 districts as of March 31, 2026, up from 1,815 branches in FY24. Its geographically diversified portfolio reduces dependence on any single region, helping mitigate localised economic, regulatory, political and environmental risks while supporting growth in underserved markets
Svatantra Microfin Risks
Asset-liability mismatch risks
The company faces asset-liability mismatch risks if the maturity of its loans and borrowings differs, potentially creating liquidity pressures and increasing refinancing costs. Such mismatches or adverse interest rate movements could reduce margins, restrict loan growth, increase funding costs and adversely affect its financial performance
Competition
The company faces competition from banks, small finance banks, NBFCs, NBFC-MFIs, fintechs and digital lenders, which could pressure its market share, pricing and borrower base. Failure to keep pace with technological advances, innovation and regulatory changes may reduce its competitiveness, growth and net interest margins
Cyber-attacks or security breach risks
The company relies on IT systems for its operations and is exposed to system failures, cyberattacks, security breaches, outages and other disruptions beyond its control. Such incidents could compromise data, lead to regulatory penalties and adversely affect its reputation, financial performance and cash flows
IPO FAQs
The promoters of the company are Ananyashree Birla and Antimatter Media Private Limited.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.