IPO & listingMint
OnEMI raises 832 cr from preferential issue
Positive+422 sources
GreyOak summary
OnEMI Technology Solutions, parent of Kissht, completed a preferential issue of 832.20 crore rupees to 34 investors. The funds increase paid-up capital to 20.46 crore, with shares rising 70% over six months. Kissht reported a net profit of 125.12 crore in the September quarter.
What it affects
- OnEMI Technology SolutionsKISSHTPositive +42
Parent company raised capital via preferential issue.Rolling sentiment Positive +37
Source
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