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Online Lending Platform Kissht Prepares for $225 Million IPO
Hindustan Times West UP
|April 04, 2025
Kissht, an online lending platform, is preparing to tap the capital markets with an initial public offering and has hired investment bankers for the process, two people aware of the development told Mint.
MUMBAI:
The company hired ICICI Securities, UBS Securities India Private Limited and Motilal Oswal Investment Banking and is finalising a fourth banker, one person said. Kissht is likely to file pre-IPO documents with the regulator by June, planning to raise $225 million (₹1,926 crore), the person added.
"The IPO will be a mix of primary and secondary share sales, with 75% expected to be primary capital raised to fund growth and new business lines," the person said, requesting anonymity.
यह कहानी Hindustan Times West UP के April 04, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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