Digital lending platform Kissht has raised approximately ₹278 crore from anchor investors ahead of its upcoming initial public offering (IPO), scheduled to open on April 30. The development was disclosed by the company in an exchange filing, signalling strong institutional interest ahead of its market debut.
As part of the anchor round, Kissht allotted 1.62 crore equity shares to 22 anchor investors at a price of ₹171 per share, aggregating to ₹278 crore. The anchor book witnessed significant participation from domestic mutual funds, which accounted for nearly 57% of the total allocation across multiple schemes.
Prominent domestic investors included HDFC Mutual Fund, ICICI Prudential Mutual Fund, Bandhan Mutual Fund, Tata Mutual Fund, Sundaram Mutual Fund, and Quant Mutual Fund. The participation of these leading asset managers highlights growing confidence in India’s digital lending ecosystem and Kissht’s growth trajectory.
The anchor round also attracted strong global institutional interest. Key international participants included funds backed by Goldman Sachs, the New York State Teachers Retirement System, BNP Paribas Financial Markets, and Citigroup Global Markets, Mauritius. Their involvement underscores the increasing appeal of India’s fintech sector among global investors.
Kissht, known for offering digital credit solutions to underserved and emerging consumer segments, has been expanding its footprint in India’s fast-growing fintech landscape. The successful anchor round is expected to provide momentum to its IPO and reflects optimism around the company’s business model and future growth prospects.
The IPO will mark an important milestone for Kissht as it aims to strengthen its capital base, scale operations, and enhance its technology-driven lending platform.
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