Kissht gets BSE, NSE nod for Rs 832 Cr fundraise

Kissht, operated by OnEMI Technology Solutions, has received in-principle approvals from the BSE and NSE for a Rs 832.2 crore preferential share issue. The company will issue up to 2.65 crore equity shares at Rs 314.11 per share, with 34 investors participating, including Axis Mutual Fund, HDFC Mutual Fund and WhiteOak. Seventy-five percent of proceeds will go to its subsidiary Si Creva Capital Services to support lending operations, and the rest to general corporate purposes.

Source: Entrackr ↗