OnEMI Technology Solutions (Kissht)
OPENIPO Date: 30 Apr - 5 May 2026
Listing Date: 8 May 2026
Price Range
Rs.162 - Rs.171
Issue Size
926 Cr
Min Investment
₹14,094
Lot Size
87 Shares
Schedule of OnEMI Technology Solutions (Kissht)
Issue open date
30 Apr 2026
Issue close date
5 May 2026
UPI mandate deadline
5 May 2026 (5 PM)
Allotment finalization
6 May 2026
Share credit
7 May 2026
Listing date
8 May 2026
Mandate end date
20 May 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 926 Cr |
| Fresh Issue | 850 Cr |
| Offer for Sale | 75.92 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 6 May 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 3 May 2026 | ₹171 | ₹4 | ₹175 (2.34%) |
| 2 May 2026 | ₹171 | ₹4 | ₹175 (2.34%) |
| 1 May 2026 | ₹171 | ₹4 | ₹175 (2.11%) |
| 29 Apr 2026 | ₹171 | ₹4 | ₹175 (2.63%) |
| 28 Apr 2026 | ₹171 | ₹4 | ₹175 (2.34%) |
| 27 Apr 2026 | ₹171 | ₹8 | ₹179 (4.39%) |
| 26 Apr 2026 | ₹171 | ₹0 | ₹171 (0%) |
Performance OnEMI Technology Solutions (Kissht)
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.162 - Rs.171 | .... | .... | .... |
About OnEMI Technology Solutions (Kissht)
OnEMI Technology Solutions Limited is a technology-enabled lender in India that provides digital credit solutions through its mobile application. The company offers personal and business loans designed for consumption and financial needs, with services covering the entire loan lifecycle, including customer onboarding, underwriting, disbursement, servicing, and collections. It uses data analytics, artificial intelligence, and machine learning models for credit assessment, risk management, and collections, and operates through both on-book lending and partnerships with banks and NBFCs for off-book lending. The company runs a cloud-based, fully integrated lending platform supported by in-house technology systems, such as loan origination and loan management systems. It operates across India, with a widespread collection network covering over 17,000 pin codes and customer acquisition through digital channels, merchant partnerships, and e-commerce platforms.
| Founded in | 2016 |
| Managing director | Mr Ranvir Singh |
| Parent organization |
Financial Overview
Strengths
- Technology-led digital lending platform with fast and seamless loan disbursals
- Large and steadily growing base of registered users and active customers
- Proprietary data-driven underwriting and risk assessment capabilities
- Scalable hybrid model combining own lending and partner-led loans
- Experienced promoters with strong backgrounds in finance and technology
Risks
- A high proportion of unsecured loans increases credit and default risk
- Growth depends on acquiring and retaining customers at scale
- Exposure to regulatory changes in digital lending and NBFC norms
- Heavy reliance on technology platforms creates operational risk
- Ongoing need for capital to fund growth and lending activities
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 0.66 |
| Non-Institutional Investors (NIIs) | 0.1 |
| Retail Individual Investors (RIIs) | 0.06 |
| Employee | N/A |
| Total | 0.24 |