OnEMI Technology Solutions IPO Details
OnEMI Technology Solutions IPO Summary
OnEMI Technology Solutions IPO opens for subscription on 30 Apr 2026 and closes on 05 May 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 08 May 2026.
OnEMI Technology Solutions IPO price band has been fixed at ₹162 – ₹171 per share. The face value is ₹1 per share with a lot size of 87.
OnEMI Technology Solutions IPO total issue size comprises 5,41,47,390 shares (aggregating up to ₹925.92 Cr). This includes a fresh issue of 4,97,07,602 shares (aggregating up to ₹850.00 Cr). Offer for Sale consists of 44,39,788 shares (aggregating up to ₹75.92 Cr). Pre-issue shareholding stands at 11,87,75,420, which will increase to 16,84,83,022 post-issue.
OnEMI Technology Solutions IPO carries a ₹21 (12.28%) GMP, reflecting investor sentiment.
OnEMI Technology Solutions IPO Lot Size :Retail Minimum is 1 lot (87 shares) amounting to ₹14,877. Retail Maximum is 13 lots (1,131 shares) amounting to ₹193,401. SHNI Minimum is 14 lots (1,218 shares) amounting to ₹208,278. SHNI Maximum is 67 lots (5,829 shares) amounting to ₹996,759. BHNI Minimum is 68 lots (5,916 shares) amounting to ₹1,011,636.
OnEMI Technology Solutions IPO Details
OnEMI Technology Solutions IPO Subscription
OnEMI Technology Solutions IPO Application Wise Breakup (Approx)
OnEMI Technology Solutions IPO Dates
- 30 Apr 2026Opening dateOpen
- 05 May 2026Closing dateClose
- 06 May 2026Allotment Date Allotment
- 07 May 2026Initiation of RefundsRefund
- 07 May 2026Credit of SharesCredit
- 08 May 2026Listing dateListing
OnEMI Technology Solutions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 87 | ₹14,877 |
| Retail Maximum | 13 | 1131 | ₹193,401 |
| SHNI Minimum | 14 | 1218 | ₹208,278 |
| SHNI Maximum | 67 | 5829 | ₹996,759 |
| BHNI Minimum | 68 | 5916 | ₹1,011,636 |
OnEMI Technology Solutions IPO Reservation
Promoter Holding
Documents
OnEMI Technology Solutions IPO Valuations
OnEMI Technology Solutions Financial Information
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 3,568.78 | 2,701.10 | 1,796.53 | 1,275.20 |
| Total Income | 1,583.93 | 1,352.69 | 1,700.30 | 1,001.51 |
| Profit After Tax | 199.27 | 160.62 | 197.29 | 27.67 |
| EBITDA | 488.45 | 403.37 | 358.96 | 97.71 |
| NET Worth | 1,254.34 | 1,005.99 | 804.57 | 566.23 |
| Reserves and Surplus | 1,242.32 | 995.32 | 794.50 | 556.17 |
| Total Borrowing | 2,047.52 | 1,507.58 | 784.30 | 387.89 |
| Amount in ₹ Crore | ||||
About OnEMI Technology Solutions IPO
OnEMI Technology Solutions Limited, incorporated in 2016, is a technology-enabled lending platform in India, primarily offering digital loan solutions through its mobile applications to cater to diverse consumption and business financing needs.
The company operates under the brands “Kissht” (digital lending platform) and “Ring” (payments application), enabling both online and offline merchants to offer seamless consumer credit and EMI-based payment solutions. Its NBFC partner, Si Creva Capital Services, manages key lending functions including loan disbursement, KYC processing, and EMI collections.
As of December 31, 2025, the company had a registered user base of approximately 63.73 million and had served around 11.17 million customers. Its Assets Under Management (AUM) stood at ₹59,557.53 million as of the same date, reflecting its scale of operations in the digital lending ecosystem.
Product Portfolio:
- Personal Loans: Offered to salaried and self-employed individuals for various consumption needs.
- Loan Against Property: Secured financing solutions for individuals and businesses.
- MSME Loans: Loans aimed at supporting business expansion and working capital requirements.
The company leverages technology-driven underwriting and digital distribution channels to deliver efficient, scalable, and customer-centric credit solutions.
Strength Of OnEMI Technology Solutions IPO
- Large customer base acquired through a distinctive multi-channel acquisition strategy.
- Driving asset quality through advanced and comprehensive risk management.
- Access to diversified and scalable funding sources.
- Scalable, cloud-native and AI-built technology platform integrated across all key functions
- Experienced founders and leadership, backed by marquee investors
Risk Of OnEMI Technology Solutions IPO
- A significant portion of the company's AUM consists of unsecured loans (98.15% of its total AUM as of March 31, 2025). Any decrease in demand for the company's unsecured loans products may adversely affect its business, financial condition, cash flows, results of operations and prospects.
- The company's success depends on retaining and expanding its customer base. If the company is unable to attract new customers or are unable to retain and grow our relationships with the company's existing customers, the company's business, financial condition, cash flows, results of operations and prospects would be materially and adversely affected.
- The company's business operations involve transactions with borrowers with higher risk of default. Any default from its customers or non-recovery from the company's customers or the company's inability to recover the full value of collateral (in case of secured loans) could adversely affect its business, financial condition, cash flows, results of operations and prospects.
- If the company does not continue to innovate and further develop its platform or the company's platform developments do not perform, or the company is not able to keep pace with technological developments, the company may not remain competitive and the company's business, financial condition, cash flows, results of operations and prospects could suffer.
- The growth of the company's business will depend upon the strength of the company's"Kissht" brand, and any failures to maintain, protect and enhance its brand or any negative publicity could limit the company's ability to retain or expand its customer base, which could materially and adversely affect the company's business, financial condition, cash flows, results of operations and prospects.
- Systems failures and resulting interruptions in the availability of our platform could adversely affect the company's business, financial condition, cash flows, results of operations and prospects.
- The company requires substantial capital for its business. Any disruption in the company's sources of capital or the company's inability to meet our obligations, including financial and other covenants under its debt financing arrangements could adversely affect the company's business, financial condition, cash flows, results of operations and prospects.
- The company relies on mobile operating systems and application marketplaces to make the company's applications available to customers. If the company does not effectively operate with or receive favorable placements within such application marketplaces, the company's usage could decline and its business, financial condition, cash flows, results of operations and prospects could be adversely affected.
- As an NBFC, the company's Subsidiary is subject to periodic inspections by the RBI, and any non-compliance with such observations made by the RBI during these inspections could subject the company to penalties, restrictions and cancellation of the relevant license and could adversely affect its business, financial condition, results of operations and cash flows.
- The company has entered into lending arrangements with certain third-party non-banking financial companies 39.45% of its total AUM as of March 31, 2025 was attributable to the company's off-book loans). Any premature termination of such lending arrangements may adversely affect its business, financial condition, cash flows, results of operations and prospects.
Objectives OnEMI Technology Solutions IPO
1. Augmenting the capital base of Subsidiary, Si Creva, to meet its future capital requirements arising out of the growth of Subsidiary, Si Crevas, business
2. General Corporate Purposes
3. Total
Company 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/
Registrar Contact Details
OnEMI Technology Solutions FAQs
The OnEMI Technology Solutions IPO is a MAINBOARD public issue comprising 54147390 equity shares with a face value of ₹1 each, aggregating to a total issue size of ₹925.92 Cr. The issue price has been fixed at ₹171 per equity share, and the minimum application size is 87 shares.
The IPO opens for subscription on 30 Apr 2026, and closes on 05 May 2026.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹21 (12.28%).
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