From Revenue Dip To ₹850 Cr IPO: How Kissht Turned It Around

Kissht is pushing ahead with its IPO in a volatile market, arguing that internal readiness not external timing should drive listing decisions

A deliberate shift toward longer-tenure, higher-yield loans and tighter underwriting has slowed revenue growth but strengthened profitability and asset quality

With regulatory scrutiny rising in digital lending, Kissht is betting on disciplined growth, diversified products, and risk controls to sustain scale post-listing

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At a time when some of the prominent new-age firms in India have been recalibrating their decisions of listing in public markets, Kissht chose a different path.

A day before subscriptions for its initial public offering opened, the company had already signalled confidence. On April 29, anchor investors committed ₹277.78 Cr to the IPO, with the company allocating 1,62,44,216 equity shares at ₹171 per share — the top of its price band. 

Ranvir Singh, Kissht’s cofounder and CEO, said that the company’s decision to go ahead with the public listing during a testing time for the global markets was validated with marquee institutional investors backing its bid. 

Ranvir Singh, Kissht’s cofounder and CEO, said that the company’s decision to go ahead with the public listing during a testing time for the global markets was validated with marquee institutional investors backing its bid. 

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........

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