Kissht Raises ₹832.20 Cr via Preferential Issue to Institutional Investors

NBFC Kissht has completed its ₹832.20 Cr preferential issue, allotting equity shares to 34 investors, including Axis Mutual Fund and Massachusetts Institute of Technology. The funds will increase the company's paid-up equity capital and are expected to be utilised for its lending business, but the exact plan is unclear. The issue has attracted strong institutional interest, with investors receiving shares worth nearly ₹200 Cr and ₹85 Cr.








