OnEMI Technology Solutions IPO
GMP, Subscription, Price, Dates & Financial Details
Finance - Nbfc
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…
Open Date
Thu, 30 Apr 2026
Close Date
Tue, 05 May 2026
Price Band
₹ 162 – 171
Lot Size
87
Issue Size
₹ 926.00 Cr
Minimum Investment
₹ 14,877 (87 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
OnEMI Technology Solutions IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹926.00 Crore, comprising a fresh issue of 4.97 Crore equity shares aggregating to ₹850.00 Crore and an offer for sale (OFS) of 44.40 Lakh equity shares aggregating to ₹76.00 Crore by the existing shareholders.
The OnEMI Technology Solutions IPO remained open for subscription from April 30, 2026, to May 05, 2026. The basis of allotment was finalized on May 06, 2026, and the company's shares were listed on the NSE and BSE on May 08, 2026.
The company had fixed the price band at ₹162 to ₹171 per share, with a lot size of 87 shares. Retail investors were required to make a minimum investment of ₹14,877 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. JM Financial Limited, SBI Capital Markets Limited, Hsbc Securities & Capital Markets Pvt Ltd, Nuvama Wealth Management Limited, and Centrum Capital Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, OnEMI Technology Solutions Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
OnEMI Technology Solutions IPO Timeline (Tentative)
- IPO Open Date
- Thu, 30 Apr 26
- IPO Close Date
- Tue, 05 May 26
- Basis of Allotment
- Wed, 06 May 26
- Initiation of Refunds
- Thu, 07 May 26
- Credit of Shares to Demat
- Thu, 07 May 26
- Listing Date
- Fri, 08 May 26 — NSE & BSE
Open Date
30 April 2026
Close Date
05 May 2026
Basis Of Allotment
06 May 2026
Listing Date
08 May 2026
IPO Subscription
Check Live Subscription →The OnEMI Technology Solutions IPO has received bids for 37,76,71,176 shares against 3,97,62,250 shares offered, resulting in an overall subscription of 9.5x. the NII category is subscribed 6.57x, Retail Investors 2.03x, and QIBs 24.87x. Within the NII category, BNII is subscribed 8.18x, while SNII is subscribed 3.36x.
QIB
24.87x
NII
6.57x
BNII
8.18x
SNII
3.36x
RII
2.03x
Total
9.5x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 1,99,18,124 shares, representing 50.09% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 1,13,07,787 shares (28.44%), while Non-Institutional Investors (NIIs) receive 85,36,339 shares (21.47%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 11,307,787 | 28.44% |
| Non-Institutional | 8,536,339 | 21.47% |
| BNII | 5,690,893 | 14.31% |
| SNII | 2,845,446 | 7.16% |
| Retail Investors | 19,918,124 | 50.09% |
| Total | 39,762,250 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 3568.78 | 2701.1 | 1796.53 | 1275.2 |
| Revenue | 1583.93 | 1352.69 | 1700.3 | 1001.51 |
| Profit After Tax | 199.27 | 160.62 | 197.29 | 27.67 |
| Net Worth | 1254.34 | 1005.99 | 804.57 | 566.23 |
| Reserve & Surplus | 1242.32 | 995.32 | 794.5 | 556.17 |
| Total Borrowings | 2047.52 | 1507.58 | 784.3 | 387.89 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
OnEMI Technology Solutions Limited KPI Information
| Particular | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROE % | 23.51 | 17.74 | 28.78 | 6.93 |
| Debt / Equity | 1.63 | 1.5 | 0.97 | 0.69 |
| RoNW % | 21.18 | 15.97 | 24.52 | 4.89 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| OnEMI Technology Solutions Ltd | 1 | 0.00 | 33.09 | 12.79 | 0.00 | 187.58 |
| Bajaj Finance Ltd | 1 | 34.36 | 26.89 | 26.82 | 0.00 | 155.60 |
| Cholamandalam Investment & Finance Company Ltd | 2 | 30.99 | 50.72 | 50.60 | 0.00 | 281.45 |
| HDB Financial Services Ltd | 10 | 24.70 | 27.40 | 27.32 | 0.00 | 198.80 |
| SBI Cards & Payment Services Ltd | 10 | 33.28 | 20.15 | 20.14 | 0.00 | 144.86 |
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
OnEMI Technology Solutions Limited Address / Contact Details
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
OnEMI Technology Solutions IPO Lot Size
The OnEMI Technology Solutions IPO has a lot size of 87 shares. Retail investors require a minimum investment of ₹14,877 by applying for 1 lot (87 shares). The maximum application allowed for the retail category is 13 lots (1,131 shares), requiring an investment of ₹1,93,401.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 87 | 14,877.00 |
| Retail (Max) | 13 | 1,131 | 193,401.00 |
| S-HNI (Min) | 14 | 1,218 | 208,278.00 |
| S-HNI (Max) | 67 | 5,829 | 996,759.00 |
| B-HNI (Min) | 68 | 5,916 | 1,011,636.00 |
Issue Reservation
- QIB — 28.44%
- NII — 21.47%
- RII — 50.09%
Book Running Lead Managers
- JM Financial Limited
- SBI Capital Markets Limited
- Hsbc Securities & Capital Markets Pvt Ltd
- Nuvama Wealth Management Limited
- Centrum Capital Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the OnEMI Technology Solutions 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.
When will the OnEMI Technology Solutions IPO open for subscription?
The OnEMI Technology Solutions IPO opens on Thu, Apr 30, 2026 and closes on Tue, May 5, 2026
What is OnEMI Technology Solutions IPO Price Band?
OnEMI Technology Solutions IPO Price Band is ₹162 to 171 per share.
What is OnEMI Technology Solutions IPO Lot Size?
OnEMI Technology Solutions IPO lot size is 87 shares, Retail investors need a minimum investment of ₹14877 based on the upper price band
What is the minimum investment for OnEMI Technology Solutions IPO?
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.
How to apply for OnEMI Technology Solutions IPO?
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.
What is OnEMI Technology Solutions IPO Issue Size?
OnEMI Technology Solutions IPO issue size is ₹926 crores.
What is the OnEMI Technology Solutions IPO Allotment Date?
OnEMI Technology Solutions IPO allotment date is Wed, May 6, 2026.
Who is the OnEMI Technology Solutions IPO Registrar?
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.
What is the OnEMI Technology Solutions IPO GMP?
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 10.53% over the issue price.
Who is the OnEMI Technology Solutions IPO Lead Manager?
The book-running lead managers (BRLMs) for the OnEMI Technology Solutions IPO are JM Financial Limited, SBI Capital Markets Limited, Hsbc Securities & Capital Markets Pvt Ltd, Nuvama Wealth Management Limited, and Centrum Capital Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the OnEMI Technology Solutions IPO Red Herring Prospectus (RHP).