Kissht IPO 2026: GMP, Risks & Key Financials
· 3 min read · Written by the BuyUnlistedShares desk. Information only, not investment advice.
Kissht IPO 2026 brings a profitable fintech company to the market, offering digital lending solutions. Temasek is an existing backer and the issue size is ₹926 crore.
Opens: April 30, 2026, Closes : May 5, 2026, Listing: May 8, 2026
IPO size: ₹926 Cr total issue
Price band : ₹162 - 171 per share
Valuation : ₹2,881 cr At upper band
Revenue : ₹1,560 Cr Apr-Dec 2025
By Team BuyUnlistedShares
What is Kissht?
The App That Gives Indians Quick Credit — Without the Bank Queue
If you've ever needed a small loan quickly — to buy a phone on EMI, cover an emergency, or finance a purchase — Kissht is the kind of app built for exactly that. It's a digital lending platform that lets you apply for credit, get approved, and receive funds without stepping into a bank.
Instead of human loan officers and weeks of paperwork, Kissht uses technology-driven underwriting — algorithms that assess your creditworthiness quickly and disburse funds fast. Think of it as a fintech shortcut to credit for everyday Indians.
Kissht operates across multiple consumer finance segments, serving customers who may have limited access to traditional bank credit.
OnEMI Technology Solutions — The Company Behind the Brand
Kissht is the consumer-facing name you see. Behind it sits OnEMI Technology Solutions, the registered company that actually runs the business. Founded in 2016 and headquartered in Mumbai, OnEMI operates Kissht as its flagship product and generates its revenue primarily through digital lending.
The company also has a subsidiary called Si Creva, which is part of its lending operations — and a big chunk of the IPO money is earmarked to fund it (more on that below).
IPO Structure
How the ₹926 Crore Issue is Split
The IPO has two components — a fresh issue and an offer for sale. Here's where the money goes:
Si Creva (subsidiary) : ₹637.5 Cr
Offer for Sale (exits) : ₹75.9 Cr
General corporate use : Remaining
The majority of fresh capital — ₹637.5 crore — will flow into Si Creva to support business expansion. The offer-for-sale component allows some existing investors to partially exit.
IPO Timeline at a Glance
- April 29, 2026
Anchor investor book opens (1 day only)
- April 30 – May 5, 2026
IPO open for public subscription
- May 6, 2026
Share allotment finalised
- May 8, 2026
Shares list on stock exchanges
Shareholding Before the IPO
The company has a clear split between its founders and institutional investors. Temasek Holdings, Singapore's sovereign wealth fund, is the largest external backer.
Ranvir Singh & Krishnan Vishwanathan (Promoters) : 32.3%
Vertex Holdings (Temasek subsidiary) : 22.68%
Ammar Sdn Bhd : 12.13%
Other public shareholders : 32.89%
Is the Company Actually Profitable?
For the nine months ended December 2025:
Revenue : ₹1,560 Cr (9 months, Apr-Dec 2025)
Net Profit : ₹199.2 Profitable heading into listing
A profit of ₹199.2 crore on ₹1,560 crore of revenue works out to a profit margin of roughly 13%. The company reported a profit for this nine-month period.
Strengths stated in the offer document and risk factors
Who is Managing the IPO?
The IPO is being managed by the following merchant bankers:
- JM Financial,
- HSBC Securities,
- Nuvama Wealth Management,
- SBI Capital Markets,
- Centrum Broking
Disclaimer:
This is written for educational and informational purposes only. Nothing here constitutes investment advice or a recommendation to buy or sell securities. All data is sourced from publicly available information as of April 2026. Investments in securities markets are subject to market risks — please read all offer documents carefully before investing.
