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Kissht Cofounders Buy ₹400 Cr Shares Ahead Of IPO Raising Stakes Before Listing
Business
Published on 27 April 2026
Their secondary buys quietly shrank the OFS size
Ahead of its IPO, Kissht’s parent OnEMI Technology Solutions saw cofounders Ranvir Singh and Krishnan Vishwanathan purchase shares worth over ₹400 crore via secondary transactions from existing investors. The deals on March 4 lifted their stakes and were likely behind the OFS component being cut in half, while the IPO’s fresh issue also reduced.
- Cofounders bought shares worth over ₹400 crore via secondary transactions
- Transactions on March 4 raised Singh’s and Vishwanathan’s stakes
- OFS size was halved and fresh issue reduced before the April 30 IPO
- IPO anchor bidding starts April 29 and expected listing is May 8
Read the full story at Inc42
This summarization was done by Beige for a story published on 
Inc42