India, Nov. 11 -- Update | November 11, 12:15 IST

Kissht parent OnEMI Technology Solutions has completed its Rs.832.20 Cr preferential issue, allotting 2.65 Cr equity shares to 34 investors at Rs.314.1 apiece. Twenty four new investors picked up stake in the company, while 10 existing shareholders, including schemes from Alchemy, First Bridge, Groww and HDFC, increased their holdings.

The new investors include Axis Mutual Fund schemes, Ashoka WhiteOak funds, 360 ONE, Bandhan Small Cap Fund, Citigroup Global Markets Hong Kong, Unity Small Finance Bank and the Massachusetts Institute of Technology (MIT).

The shares received trading approval from BSE and NSE on November 8, following the board's approval on October 23 and shareholders' nod...