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Kissht IPO sparks 22% jump on debut as lending startup logs Rs 926 crore raise
Business
Published on 8 May 2026
OFS joins the rally with major investor participation
Lending tech startup Kissht made a strong stock debut on Friday, ending up 22% on NSE at Rs 209 after opening higher. The IPO raised Rs 926 crore, split between Rs 850 crore fresh issue and Rs 76 crore via OFS, and was oversubscribed 9.5 times. Existing backers participated in the OFS, while anchor investors included HDFC Mutual Fund and ICICI Prudential.
- Kissht shares closed at Rs 209, up 22% on debut
- IPO raised Rs 926 crore with Rs 850 crore fresh issue
- Offer of sale oversaw participation from key existing investors
- Company posted Rs 199 crore net profit for nine months FY26
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