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Kissht files draft papers for initial public offer
Mint Mumbai
|August 20, 2025
Digital lending platform Kissht, operated by OnEMI Technology Solutions, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) to raise up to ₹1,000 crore through a fresh issue of shares.
The initial public offering (IPO) will also include an offer-for-sale (OFS) of 8.88 million equity shares by early investors, including Vertex Ventures, Ventureast, Endiya Seed, AION Advisory, and Ammar Sdn Bhd. Vertex Ventures plans to sell 39.4 lakh shares, while Ammar Sdn Bhd will off-load 20.89 lakh shares.
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