CAM, JSA act on Kissht ₹1,000+ crore proposed IPO

OnEMI Technology Solutions Limited (Kissht) has filed for an initial public offering comprising a fresh issue aggregating up to ₹1,000 crore and an offer for sale of up to 8,879,575 equity shares from the Investor Selling Shareholders.

Cyril Amarchand Mangaldas is advising Kissht on this IPO.

The transaction team is lead by Manan Lahoty (Partner, Head - Capital Markets) and Ravi Dubey (Partner, Regional Co-Head - Capital Markets - West), with support from Rushab Dhandokia (Principal Associate) and Associates Adwait Deshmukh, Sakshi Sharma, Aniruddh Saraswat, Archit Jain, Aditya Maheshwari, Akshat Sharma and Tejas Chhura.

JSA Advocates & Solicitors is advising the book running lead managers JM Financial Limited, HSBC Securities and Capital Markets (India) Private Limited, Nuvama Wealth Management Limited, SBI Capital Markets Limited and Centrum Capital Limited, on this IPO.

The transaction team was led by Arka Mookerjee (Partner), with support from Siddhartha Desai (Partner), Govind Roy (Senior Associate), Prateek Khandelwal (Associate), Aditya Shendye (Associate), Anvita Sinha (Associate), Aditi Khandal (Associate), Sourav Jena (Associate) and Johann Duckworth, (Junior Associate).

Kissht is a digital lending platform launched by OnEMI Technology Solutions Limited. The Company provides personal and business loans of up to ₹5 lakh with minimal documentation. With a strong focus on financial inclusion, Kissht leverages advanced data analytics and machine learning to make credit accessible to millions of customers.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.