Archive · 1 Jul 2025
Kissht Plans IPO, Appoints Board Members Ahead of Listing
Kissht, a company that lends money online, is getting ready to sell shares to the public, called an IPO.
They've added some new board members with experience in finance.
Kissht hopes to file the official paperwork for the IPO by the end of July and raise a lot of money.
They offer loans for different things, like buying products and helping small businesses.
This is happening at a time when other similar companies are also considering their own IPOs, after a period of hesitation in the market.
The company's business has grown, with more money being managed and higher income.
Kissht, an online lending platform, is preparing for an IPO.
The company has appointed Alok Bansal and Sangeeta Pendurkar as independent directors.
Kissht plans to submit its IPO documents by the end of July.
The IPO is expected to raise approximately $225 million.
Kissht's assets under management increased to ₹2,669 crore in 2023-24.
- Who
- Kissht, an online lending platform.
- What
- Kissht is preparing for an IPO.
- When
- The company aims to submit its IPO documents by the end of July.
- Where
- India.
- Why
- To raise capital through public market listing.
Regulatory Scrutiny
Market Volatility
Regulatory Impact
Regulatory Scrutiny
Over the past year, the Reserve Bank of India has tightened oversight of digital lenders.
Market Volatility
Not explicitly mentioned in the article.
- Company
- Kissht
- Business
- Online Lending
- IPO Plans
- Submit documents by end of July
- Target Raise
- ~$225 million
- Independent Directors
- Alok Bansal, Sangeeta Pendurkar
- 2023-24 Assets Under Management
- ₹2,669 crore
- 2023-24 Total Income
- ₹1,700 crore