💻 Technology 2d ago · Anjali Jain

Kissht IPO: Ventureast Books 10.9X Return, Vertex Ventures Rakes In ₹29 Cr

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Kissht IPO: Ventureast Books 10.9X Return, Vertex Ventures Rakes In ₹29 Cr
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Lending tech startup Kissht’s parent OnEMI Technology Solutions is all set to list on the bourses tomorrow after its IPO was oversubscribed 9.5X. The company’s early investors have booked notable gains on their investments by offloading a part of their holdings in the IPO.
Ammar Sdn Bhd, one of Kissh’t biggest shareholders, raked in ₹19.8 Cr by offloading 11.56 Lakh shares via the OFS at the top end of the price band of ₹162-₹171. This translated to a 1.4X return on the initial investment. Post

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