Kissht Files DRHP For INR 1,000 Cr IPO

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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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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…



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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