Ahead of IPO, founders invest ₹40 crore in digital lending platform Kissht at premium

April 29, 2026 · 8:09 pm IST Source: LiveMint
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Key Takeaways

  • ₹1,267 crore in FY23 to ₹5,955 crore in the first nine months of FY26.
  • Kissht has reported a sharp scale-up in operations, with assets under management (AUM) rising from about ₹1,267 crore in FY23 to ₹5,955 crore in the first nine months of FY26.
  • Revenue from operations increased from ₹984 crore to ₹1,675 crore during the same period.
  • Profitability also improved, with profit after tax (PAT) growing from ₹27.7 crore in FY23 to ₹197 crore in FY24.

Article Brief

Founders Ranvir Singh and Krishnan Vishwanathan have collectively invested at ₹201 per share, higher than the IPO price band of ₹162-171, signalling confidence in the business, they added.

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IPO Cracker Take

Listing-day outcomes offer a reality check on pre-issue hype — compare these against our GMP accuracy tracker on the Performance page to see how grey-market signals held up.

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