Fintech startup Kissht has started its IPO journey by converting into a public entity.
The company's shareholders passed a resolution to convert from a private limited to a public limited entity, a necessary step for listing on Indian stock exchanges.
Kissht plans to raise funds through its IPO, with a fresh issue of shares and offer for sale.
They are expected to file their DRHP by the end of the month, have appointed new directors, and have roped in ICICI Securities, UBS Securities, and Motilal Oswal as lead bank managers for the IPO.