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FinTech

Kissht Files DRHP For INR 1,000 Cr IPO


SUMMARY

The lending tech startup’s proposed IPO will comprise a fresh issue of up to INR 1,000 Cr and an offer-for-sale component of up to 88.8 Lakh shares

Vertex Ventures, Endiya Ventures, Ventureast, among others, would pare their stake as part of the OFS

In the run up to its IPO, Kissht’s net profit for FY25 declined about 18% to INR 160.6 Cr while its top line declined by over 20% YoY to INR 1,337.5 Cr

Lending tech startup Kissht has filed its draft red herring prospectus (DRHP) with SEBI to raise up to INR 1,000 via…



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