Social Worth Technologies Ltd, which operates under the brand name Fibe, has secured Sebi's approval to raise funds through an initial public offering (IPO), comprising a fresh issue of shares worth Rs 750 crore, an update with the regulator showed on Tuesday.
The IPO also includes an Offer-for-Sale (OFS) of over 4 crore equity shares by existing shareholders, according to the Draft Red Herring Prospectus (DRHP).
