Kissht's loan book crosses Rs 10,000 crore, a month after its Rs 832 crore top up

Kissht, the digital lender run by OnEMI Technology Solutions, told the stock exchanges on 4 November 2026 that its assets under management had crossed Rs 10,000 crore. That is up from Rs 9,317 crore at the end of September, the figure it reported with its second quarter results a week earlier. The company describes itself as a technology first lender to India's mass market and mass affluent borrowers, and credits its own AI based underwriting models, technology driven collections and a network of more than 45 lending and co-lending partners for the scale.

Personal loans are still most of the book, but the company says its loan against property portfolio is growing steadily, which adds secured lending to a business built on unsecured credit, NDTV Profit reported. Kissht lends through its NBFC subsidiary Si Creva Capital Services and says it has served more than 12.8 million customers in total, according to its press release filed with the NSE.

Chief executive Ranvir Singh said the growth rests on disciplined underwriting, robust collections and a scalable, technology led platform. Chief financial officer Krishnan Vishwanathan pointed to the Rs 832.2 crore the company raised through a preferential issue in October 2026, saying it gives the balance sheet more room to grow, and said lower borrowing costs, improving operating leverage and better credit quality should support profitable growth.

Investors liked the update. Business Standard reported that the stock rose as much as 8% in intraday trade on 5 November to Rs 340.45, helped by a broad market rally, leaving it roughly double its IPO price of Rs 171. Kissht listed on the NSE and BSE in May 2026, and has guided for AUM growth of around 60% in FY27, so the next test is whether it keeps credit quality steady while the book keeps growing that fast.