Kissht IPO Description – Kissht is a technology-enabled digital lending platform focused on providing fast, accessible and personalised credit solutions to India’s mass market segment—an aspirational, digitally connected and historically underpenetrated borrower cohort. The company primarily operates through its mobile application, addressing consumption and business credit needs with an end-to-end digital journey. As of 31 March 2025, Kissht had a registered user base of 5.32 crore and had served 91.6 lakh customers, supported by a strong brand franchise reflected in a Play Store rating of 4.6 stars and a net promoter score of 91.
The company maintains a granular loan book with over 1.90 million active customers and assets under management of INR 4,086.64 crore as of 31 March 2025. Its customer profile is relatively young and creditworthy, with an average age of 32 years and a median CIBIL score of 746. Nearly 67% of customers earn monthly incomes between INR 25,000 and INR 75,000, while approximately 65% are concentrated in India’s top 50 cities, providing a balanced mix of scale and credit quality.
Kissht’s underwriting and risk management capabilities are driven by proprietary AI and ML-based models leveraging over 400 data variables and 34 specialised sub-models, enabling rapid and calibrated credit decisioning. More than 85% of new customers received loan offers within 10 minutes in Fiscal 2025. Collections are supported by an AI-driven Automated Collections System and a nationwide field network covering over 17,000 pin codes.
Promoters of Kissht – Mr. Ranvir Singh and Mr. Krishnan Vishwanathan
Table of Contents
Kissht IPO Details
| Kissht IPO Dates | 16 – 18 March 2026 (Tentative) |
| Kissht Issue Price | Coming soon |
| Fresh issue | INR 1,000 crore |
| Offer For Sale | 88,79,575 share |
| Total IPO size | Coming soon |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 1 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Kissht Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 984.46 | 1,674.45 | 1,337.46 |
| Expenses | 977.55 | 1,432.86 | 1,136.42 |
| Net income | 27.67 | 197.29 | 160.62 |
| Margin (%) | 2.81 | 11.78 | 12.09 |
Kissht Offer News
Kissht Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2026 (Post-Issue) | |
| EPS | 2.50 | 15.54 | 12.79 | – |
| PE Ratio | – | – | – | – |
| FY 2023 | FY 2024 | FY 2025 | |
| ROE (%) | 6.93 | 28.78 | 17.74 |
| NAV | 118.45 | 168.31 | 187.58 |
| EBITDA (%) | 9.93 | 21.44 | 30.16 |
| Debt/Equity | 069 | 0.97 | 1.50 |
Kissht IPO GMP Today (Daily Trend)
| Date | Consolidated IPO GMP | Subject to Sauda |
| Coming soon | – | – |
Kissht Offer Objectives
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Augmenting the capital base of Subsidiary, Si Creva, to meet its future capital requirements arising out of the growth of Subsidiary, Si Creva’s, business- INR 750 crore
- General Corporate Purposes
Kissht IPO Subscription – Live Updates
Coming soon
() shares allotted to anchor investors are not included in these calculations.
OnEMI Technology – Comparison With Listed Peers
| Company | PE ratio | EPS | ROE (%) | NAV | Revenue (Cr.) |
| OnEMI Technology | – | 12.79 | 17.74 | 187.58 | 1,352.69 |
| Bajaj Finance | 32.73 | 26.82 | 19.19 | 155.60 | 69,724.78 |
| Cholamandalam Investment | 29.31 | 50.60 | 19.71 | 281.45 | 26,152.76 |
| HDB Financial | 27.26 | 27.32 | 14.72 | 198.80 | 16,300.28 |
| SBI Cards & Payment Services | 39.61 | 20.14 | 14.82 | 144.86 | 18,637.15 |
Kissht IPO Allotment Status
Kissht IPO allotment status will be available on the KFin Tech website. Click on this link to get the allotment status.
Kissht IPO Dates & Listing Performance
| IPO Opening Date | 16 March 2026 |
| IPO Closing Date | 18 March 2026 |
| Finalization of Basis of Allotment | 19 March 2026 |
| Initiation of refunds | 20 March 2026 |
| Transfer of shares to demat accounts | 20 March 2026 |
| Kissht IPO Listing Date | 23 March 2026 |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Kissht IPO Reviews – Subscribe or Avoid?
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OnEMI Technology IPO Lead Manager
JM FINANCIAL LIMITED
7TH Floor, Cnergy Appasaheb Marathe Marg
Prabhadevi, Mumbai 400 025, Maharashtra, India
Tel: +91 22 6630 3030
E-mail: [email protected]
Website: www.jmfl.com
Kissht Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Kissht Contact Details
ONEMI TECHNOLOGY SOLUTIONS LIMITED
10 th Floor, Tower 4, Equinox Park, LBS Marg,
Kurla (West), Mumbai 400 070, Maharashtra, India
Tel: +91 22 6947 5600
Website: www.kissht.com
E-mail: [email protected]
Kissht IPO FAQs
How many shares in the Kissht IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in the Kissht Public Offer?
The best way to apply for Kissht‘s public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is the Kissht IPO GMP today?
Kissht IPO GMP today is INR NA per share.
What is the Kissht kostak rate today?
Kissht kostak rate today is INR NA per application.
What is Kissht Subject to Sauda rate today?
Kissht Subject to Sauda rate today is INR NA per application.