IPO-Bound Kissht Nets ₹278 Cr From Anchor Investors

by · Inc42

SUMMARY

  • The lending tech startup allotted 1.62 Cr equity shares to anchor investors at a price of ₹171 per share, the upper band of its price spectrum
  • Of the total, 92.6 Lakh shares, or 57% of the total anchor round, were picked up by seven domestic mutual funds via a total of 13 schemes
  • The lending tech startup’s public issue comprises a fresh issue of shares worth up to ₹850 Cr and an OFS component of up to 44.4 Lakh shares