Ananya Birla’s Svatantra Microfin Prepares ₹2,000–2,500 Cr IPO; Advisors Appointed

Ananya Birla-led Svatantra Microfin is preparing to launch a major IPO, aiming to raise ₹2,000 crore to ₹2,500 crore from the public markets.

As part of the process, the company has appointed Axis Capital and Kotak Mahindra Capital as IPO advisors, with the filing process expected to begin soon. Additional bankers may also be added later to the syndicate.

The proposed IPO will consist of a combination of fresh issue and offer for sale (OFS), enabling the company to raise new capital while also allowing existing investors to partially exit.

Founded in 2013, Svatantra Microfin focuses on providing collateral-free loans to women entrepreneurs, primarily through the joint liability group (JLG) model. The company has built a strong nationwide presence with over 4 million customers, 2,000+ branches, and operations across 19 states in India.

In terms of scale, the company has reported loan disbursements of around ₹19,600 crore and a gross loan portfolio of approximately ₹15,700 crore, highlighting its rapid growth in the microfinance sector.

The IPO is expected to help the company strengthen its capital base, support future expansion, and provide liquidity to existing shareholders, positioning it for the next phase of growth.