
The allotment status for OnEMI Technology Solutions Limited (Kissht)'s ₹ 925.92 crore IPO is anticipated to be declared today, May 6, 2026. Investors will be able to verify their IPO allotment through the official channels, including the websites of the NSE, BSE, or the IPO registrar, KFin Technologies Limited.
Issue Type: Book Building IPO
Total Issue size: Up to 5,41,47,390 equity shares
Fresh Issue: Up to 4,97,07,602 equity shares
Offer for sale (OFS): Up to 44,39,788 equity shares
Face Value: ₹ 1 per equity share
Price Band: ₹162 to ₹171 per share
Lot Size: (87 shares)
Minimum Investment: ₹14,877 per lot
Book Running Lead Managers: JM Financial Limited, HSBC Securities and Capital Markets (India) Private Limited, Nuvama Wealth Management Limited, SBI Capital Markets Limited, Centrum Broking Limited (as successor to the merchant banking business of Centrum Capital Limited)
Registrar: KFin Technologies Limited
Listing: NSE, BSE
[May 6, 2026, 11:00 AM]
|
Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
24.87 |
|
Non-Institutional Investors (NIIs) |
6.57 |
|
Retail Individual Investors (RIIs) |
2.03 |
|
Total |
9.50 |
According to media reports, the Grey Market Premium (GMP) of OnEMI Technology Solutions is ₹13.25 per share today.
The Company will utilise the net proceeds from the Fresh Issue towards the following purposes:
Augmenting the capital base of the subsidiary, Si Creva, to meet future business requirements towards onward lending.
General Corporate Purposes.
Check out newly listed IPOs on BSE and NSE.
Incorporated in 2016 and headquartered in Mumbai, Maharashtra, OnEMI Technology Solutions Limited is a prominent digital platform operating in the fintech industry. The company is committed to transforming access to credit across India, specifically targeting and empowering underserved and new-to-credit customers.
The company provides a variety of fast, secure, and seamless financing solutions, ranging from small-ticket personal loans to secured products like Loan Against Property (LAP). These offerings are delivered via its mobile platforms, operating under the established brands Kissht and Ring. By utilising a robust technology infrastructure, advanced data analytics, and alternative credit-scoring methods, OnEMI ensures responsible and inclusive credit delivery.
OnEMI has achieved significant financial growth and expanded its scale. Total assets have increased substantially, rising sharply from ₹1,275 crore in fiscal year 2023 (FY23) to ₹3,568 crore by December 2025. Revenue from operations reached ₹1,337 crore in FY25. Furthermore, the Assets Under Management (AUM) have consistently grown, rising from ₹2,604 crore in FY24 to ₹4,087 crore in FY25, and accelerating further to ₹5,956 crore as of December 2025.
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