Kissht Kicks Off IPO Journey, Converts Into Public Entity

At a meeting held on June 17, Kissht’s shareholders passed a resolution to convert the startup to a public limited entity from a private limited company

As per Kissht’s RoC filings, its IPO will comprise a fresh issue of equity shares and offer for sale

While Kissht is expected to file its DRHP by the end of this month, earlier reports suggested that the startup is eyeing an IPO size of $225 Mn

Taking its first formal step towards a public listing, fintech startup Kissht has turned into a public entity. 

As…