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Kissht IPO grabs ₹278 crore anchor funding at top price band before April 30 bidding starts

Business
Published on 30 April 2026
Kissht IPO grabs ₹278 crore anchor funding at top price band before April 30 bidding starts

Investors bought at the upper band, not mid-range

OnEMI Technology Solutions, the parent of lending platform Kissht, has raised ₹277.8 crore from anchor investors ahead of its April 30 IPO bidding. Kissht allotted 1.62 crore shares at ₹171 per share, the upper end of its ₹162–₹171 range. The issue runs April 30 to May 5 and includes a fresh ₹850 crore component plus an OFS.

  • Kissht raised ₹277.8 crore from anchor investors at ₹171 per share
  • Anchor round saw 1.62 crore shares allotted, mainly to domestic mutual funds
  • IPO valuation at the upper end is about ₹2,881 crore
  • Issue includes up to ₹850 crore fresh shares plus an OFS of 44.4 lakh shares
Read the full story at Inc42

This summarization was done by Beige for a story published on Inc42Inc42

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