Kissht Kicks Off IPO Journey, Converts Into Public Entity

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SUMMARY

At a meeting held on June 17, Kissht’s shareholders passed a resolution to convert the startup to a public limited entity from a private limited company

As per Kissht’s RoC filings, its IPO will comprise a fresh issue of equity shares and offer for sale

While Kissht is expected to file its DRHP by the end of this month, earlier reports suggested that the startup is eyeing an IPO size of $225 Mn

Taking its first formal step towards a public listing, fintech startup Kissht has turned into a public entity. 

As…



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Kissht Kicks Off IPO Journey, Converts Into Public Entity


SUMMARY

At a meeting held on June 17, Kissht’s shareholders passed a resolution to convert the startup to a public limited entity from a private limited company

As per Kissht’s RoC filings, its IPO will comprise a fresh issue of equity shares and offer for sale

While Kissht is expected to file its DRHP by the end of this month, earlier reports suggested that the startup is eyeing an IPO size of $225 Mn

Taking its first formal step towards a public listing, fintech startup Kissht has turned into a public entity. 

As…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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