India, May 4 -- At a time when some of the prominent new-age firms in India have been recalibrating their decisions of listing in public markets, Kissht chose a different path.

A day before subscriptions for its initial public offering opened, the company had already signalled confidence. On April 29, anchor investors committed Rs.277.78 Cr to the IPO, with the company allocating 1,62,44,216 equity shares at Rs.171 per share - the top of its price band.

Ranvir Singh, Kissht's cofounder and CEO, said that the company's decision to go ahead with the public listing during a testing time for the global markets was validated with marquee institutional investors backing its bid.

Of the total, 92.6 Lakh shares, or 57% of the total anchor roun...