OnEMI Technology Solutions IPO Details
The OnEMI Technology Solutions IPO is a book build issue with a total issue size of ₹926 cr, comprising of fresh issue of 49707602 equity shares., and a offer for sale of 4439788 equity shares. OnEMI Technology Solutions IPO opened for subscription on Apr 30, 2026 and closed on May 05, 2026. OnEMI Technology Solutions IPO is set price band at ₹162 to ₹171 per share, with a lot size of 87 shares. Minimum investment for Retail investors was ₹14,877.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on May 06, 2026, and listed on both the NSE and BSE on May 08, 2026.
Kfin Technologies Limited has been appointed as the registrar. JM Financial Limited, SBI Capital Markets Limited, Hsbc Securities & Capital Markets Pvt Ltd, Nuvama Wealth Management Limited and Centrum Capital Limited are the Book Running Lead Manager for the issue.
Before investing in the OnEMI Technology Solutions IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 162 – 171
- Lot Size
- 87
- Issue Size
- ₹926 Cr
- Minimum Investment
- ₹14877 (87 Shares)
- Listing Date
- 08 May 2026
Current GMP
₹18 (+10.53%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About OnEMI Technology Solutions Limited
Incorporated on 18 June 2016, OnEMI Technology Solutions Private Limited is a technology-enabled lending platform in India that provides digital credit solutions to consumers and businesses. The company offers instant digital loans through its mobile applications to address a wide range of consumption and business financing needs.
OnEMI operates under two major consumer-facing brands:
- Kissht – a digital lending platform that offers personal loans and EMI-based credit solutions.
- Ring – a payments and credit app that allows users to make transactions and access credit conveniently.
Through these platforms, the company enables both online and offline merchants to offer customers seamless consumer credit and EMI-based payment options, helping improve affordability and purchasing power.
Loan disbursement, KYC verification, and EMI collections are managed by its NBFC partner, Si Creva Capital Services, ensuring regulatory compliance and efficient loan processing.
User Base and Performance
As of 31 March 2025, OnEMI had:
- 53.23 million registered users
- 9.16 million active customers served
Its mobile application has achieved a 4.6-star rating on the Google Play Store, based on over 1 million user reviews, and maintains a Net Promoter Score (NPS) of 91, reflecting strong customer satisfaction.
Products and Services
1. Personal Loans
The company provides personal loans to salaried and self-employed individuals for a variety of needs, including personal consumption, emergencies, and small business requirements.
2. Loan Against Property (LAP)
This product is designed for MSMEs and salaried individuals who own property, offering long-term financing to support business expansion, working capital requirements, and other financial needs.
Workforce
As of 31 March 2025, the company had 1,278 permanent employees, supporting its operations, technology development, customer service, and partner ecosystem.
OnEMI Technology Solutions IPO Promoters
- Ranvir Singh
- Krishnan Vishwanathan
Promoters Holding
Holding Pre Issue
32.30%
Holding Post Issue
23.33%
OnEMI Technology Solutions IPO Objective
The Company OnEMI Technology IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Augmenting the capital base of our Subsidiary, Si Creva, to meet its future capital requirements arising out of the growth of our Subsidiary, Si Creva’s, business
- General corporate purposes
Address / Contact Info
OnEMI Technology Solutions Ltd.
10 th Floor,Tower 4,
Equinox Park, LBS Marg, Kurla (West),
Mumbai, Maharashtra, 400070
Phone: +91 22 6947 5600
Email: compliance@kissht.com
Website: http://www.kissht.com/
IPO Snapshot
Book Running Lead Managers
- JM Financial Limited
- SBI Capital Markets Limited
- Hsbc Securities & Capital Markets Pvt Ltd
- Nuvama Wealth Management Limited
- Centrum Capital Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
OnEMI Technology Solutions IPO is a Book-building IPO with a total issue size of ₹926 crore. The OnEMI Technology Solutions IPO price band is ₹162 to 171 per share. The OnEMI Technology Solutions IPO subscription opens on Thu, Apr 30, 2026, and closes on Tue, May 5, 2026. The OnEMI Technology Solutions IPO will be listed on the BSE,NSE. Kfin Technologies Limited is the registrar for the OnEMI Technology Solutions IPO.
The OnEMI Technology Solutions IPO opens on Thu, Apr 30, 2026 and closes on Tue, May 5, 2026
OnEMI Technology Solutions IPO Price Band is ₹162 to 171 per share.
OnEMI Technology Solutions IPO lot size is 87 shares, Retail investors need a minimum investment of ₹14877 based on the upper price band
The minimum investment for OnEMI Technology Solutions IPO is ₹14877, based on one lot of 87 shares at the upper price band of ₹171 per share.
Investors can apply for the OnEMI Technology Solutions IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, May 5, 2026. The application amount remains blocked until the OnEMI Technology Solutions IPO allotment is finalized.
OnEMI Technology Solutions IPO issue size is ₹926 crores.
OnEMI Technology Solutions IPO allotment date is Wed, Jul 1, 2026.
The registrar for OnEMI Technology Solutions IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check OnEMI Technology Solutions IPO allotment status, refund processing, and other IPO-related information.
The OnEMI Technology Solutions IPO GMP (Grey Market Premium) is ₹18 as of Fri, May 8, 2026. Based on the upper price band of ₹171 per share, the estimated OnEMI Technology Solutions IPO listing price is ₹189, indicating a potential listing gain of approximately 0% over the issue price.