OnEMI Technology Solutions (Kissht) IPO

OnEMI Technology Solutions (Kissht) IPO is listed on BSE and NSE, priced at ₹162–₹171 per share. The stock debuted at ₹190, delivering a listing gain of 11.1%. The IPO had a lot size of ₹87 shares and a minimum investment of ₹14,877.

OnEMI Technology Solutions Limited IPO

Mainboard Listed
₹14,877 (87 Shares)
Minimum Investment
Check Allotment
IPO Dates
Apr 30, 2026 – May 5, 2026
Price band
₹162-171 per equity share
Minimum Investment
₹14,877
Issue size
₹925.92 Cr
Lot size
87
Allotment Date
May 6, 2026
Listing
May 8, 2026
Listing At
BSE, NSE

IPO timeline

  1. Apr 30, 2026

    Open Date

    Completed

  2. May 5, 2026

    Close Date

    Completed

  3. May 6, 2026

    Allotment Date

    Completed

  4. May 8, 2026

    Listing Date

    Completed

Price Summary

Last closing
272.00 (59.06%)
52 week high
285.90
52 week low
190.00
Last update

OnEMI Technology Solutions (Kissht) IPO Subscription Details

View Subscription Details
QIB 25.97x
Retail 2.13x
NIIs 6.90x
bHNI 8.59x
sHNI 3.53x
Retail 2.13x
Total 9.96x

OnEMI Technology Solutions (Kissht) IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

OnEMI Technology Solutions (Kissht) IPO Essentials

OnEMI Technology Solutions (Kissht) IPO Details

OnEMI Technology Solutions (Kissht) IPO is priced at ₹162-171 per share with a total issue size of 925.92 crore. The IPO has a lot size of 87 shares and is listed on BSE and NSE.

Issue price
₹162-171 per equity share
Lot size
87 shares
Face value
₹1 Per Equity Share
Issue size
₹850 Crores Fresh + 0.44 Crores Shares OFS
Total issue size
5,41,47,390 shares
(aggregating up to ₹925.92 crore)
Fresh issue
4,97,07,602 shares
(aggregating up to ₹850 crore)
Offer for sale (OFS)
44,39,788 shares
(aggregating up to ₹75.92 crore)
Listing at
BSE, NSE
List price
190.0(NSE)
Listing date
Registrar
Kfin Technologies Ltd.
Lead manager
JM Financial Ltd., HSBC Securities & Capital Markets (India) Pvt.Ltd., Nuvama Wealth Management Ltd., SBI Capital Markets Ltd., Centrum Capital Ltd.

Market Lot Size

Investors can bid for a minimum of 87 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 87 ₹14,877
Retail(max) 13 1,131 ₹1,93,401
sHNI(min) 14 1,218 ₹2,08,278
sHNI(max) 67 5,829 ₹9,96,759
sHNI(min) 68 5,916 ₹10,11,636

OnEMI Technology Solutions (Kissht) IPO Documents

OnEMI Technology Solutions (Kissht) IPO Reservation

OnEMI Technology Solutions (Kissht) IPO reservation details show category-wise allocation of shares. Out of the total 54147390 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, and 30% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 16244216 (30%)
QIB Shares Offered 10829478 (20%)
NII (HNI) Shares Offered 8122109 (15%)
bHNI > ₹10L 5414739 (10%) 4446
sHNI < ₹10L 2707370 (5%) 2223
Retail Shares Offered 18951587 (35%) 2,17,834
Total Shares Offered 54147390 (100%)

OnEMI Technology Solutions (Kissht) IPO Analytics

OnEMI Technology Solutions (Kissht) IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

OnEMI Technology Solutions (Kissht) IPO Subscription Status

OnEMI Technology Solutions (Kissht) IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 9.96x, indicating strong demand across investor categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 1,08,29,478
81,22,109
54,14,739
27,07,370
1,89,51,587 3,79,03,174
Day 1 30-04-26 05:00 PM
0.69 x
0.11x
0.13x
0.07x
0.06 x 0.25 x
Day 2 04-05-26 05:00 PM
1.51 x
0.53x
0.66x
0.26x
0.17 x 0.63 x
Day 3 05-05-26 05:00 PM
25.97 x
6.90x
8.59x
3.53x
2.13 x 9.96 x
Total No. of Applications
bHNI sHNI Retail
145568 (Approx) 1.45x 3.28x 0.6x

OnEMI Technology Solutions (Kissht) Valuations

Earnings

EPS Pre IPO
₹13.52/-
EPS Post IPO
₹15.77/-
P/E Pre IPO
12.65
P/E Post IPO
10.84

Returns

ROE
17.74%
RoNW
15.97%

Fundamentals

Debt / Equity
1.50
Price / Book
0.91
Market Cap
₹2,881.06 Cr.

Data sourced from DRHP / RHP • For educational purposes only

OnEMI Technology Solutions (Kissht) Financials( In Crs.)

31-Dec-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 3,568.78 2,701.10 1,796.53 1,275.20
Revenue 1,583.93 1,352.69 1,700.30 1,001.51
Profit After Tax 199.27 160.62 197.29 27.67
Net Worth 1,254.34 1,005.99 804.57 566.23
Reserves & Surplus 1,242.32 995.32 794.50 556.17
Total Borrowing 2,047.52 1,507.58 784.30 387.89

OnEMI Technology Solutions (Kissht) Company & Offer Insights

About OnEMI Technology Solutions (Kissht)

OnEMI Technology Solutions Private Limited is a technology-enabled lender based in India. It was incorporated on June 18, 2016. It is a digital lender that offers loans through its mobile application for various consumption and business needs.
The company operates under the brand names ‘Kissht’ (digital lending platform) and ‘Ring’ (payment application). It enables online and offline merchants with seamless consumer credit solutions and EMI-based payment solutions. Its NBFC partner is ‘Si Creva Capital Services,’ which handles loan disbursements, KYC, and EMI collections. As of March 31, 2025, the company had 53.23 million registered users and served 9.16 million customers. It also had a rating of 4.6 stars on the Play Store based on over 1.00 million user reviews. It also had a net promoter score of 91.

Products:
Personal Loans: It offers personal loans to salaried as well as self-employed individuals for meeting various consumption and business needs.
Loan against Property: It offers loan against property to asset-holding MSME and salaried individuals who seek long-term loans for business growth and working capital requirements.

As of March 31, 2025, the company had 1,278 permanent employees.

OnEMI Technology Solutions (Kissht) Promoter(s)

Ranvir Singh, Krishnan Vishwanathan are the company's promoters of OnEMI Technology Solutions (Kissht).

OnEMI Technology Solutions (Kissht) IPO Issue Objectives

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 - ₹637.50 Cr
General Corporate Purpose

OnEMI Technology Solutions (Kissht) IPO - Anchor Investors

OnEMI Technology, which runs Kissht, raises Rs 278 crore from anchor investors.
Some of the anchor investors were HDFC Mutual Fund, ICICI Prudential Mutual Fund, Ashoka India Equity Investment Trust, White Oak Capital, Bandhan MF, Quant MF, Goldman Sachs, BNP Paribas, Citigroup, along with some others.

OnEMI Technology Solutions (Kissht) IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
OnEMI Technology N/A N/A N/A 1352
Bajaj Finance 5.92 34.36 N/A 69724
Cholamandalam Investment 5.57 30.99 N/A 26152
HDB Financial 3.39 24.70 N/A 16300
Sbi Cards 4.63 33.28 N/A 18637

OnEMI Technology Solutions (Kissht) IPO - Strengths and Risks

OnEMI Technology Solutions (Kissht) IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Advanced Risk Management Framework: Architecture supported by data, which includes machine learning capabilities for risk management, credit evaluation, and analysis of borrower behavior
End-to-End Technology Ownership: The Company has internally built its lending technology infrastructure, allowing for fast product development and adaptation to regulatory and market changes.
Strategic Technology Integrations: The integration of some third-party cutting-edge solutions into the existing platform provides opportunities for innovation, scalability, lower costs, and greater control over the user experience.

Risks

Borrower Default Risk: The Company’s main customer group is represented by individuals from the mass market segment, meaning that there is the potential for default risks and late payments. Any problems with recovering payments would adversely affect the Company’s financial results.
Risk of Platform Obsolescence: Failure to continually develop the platform, update it with emerging technologies, and keep up with other industry changes might limit the competitive advantage.
Risk of Platform Failure: The Company operates entirely based on its platform, and any system disruptions would severely affect the business operations.

Contact Information

Contact Details

OnEMI Technology Solutions (Kissht)

+91 22 6947 5600

compliance@kissht.com

https://www.kissht.com/

10 th Floor, Tower 4, Equinox Park, LBS Marg, Kurla (West), Mumbai, Maharashtra, 400070

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

kissht.ipo@kfintech.com

https://ipostatus.kfintech.com/

Frequently Asked Questions

Click any question to reveal the answer

OnEMI Technology Solutions (Kissht) IPO is a book-built IPO worth ₹925.92 crore. The price band is ₹162–₹171 per share. The IPO opens on Apr 30, 2026 and closes on May 5, 2026. It will be listed on BSE and NSE. Kfin Technologies Ltd. is the registrar.

The price band of OnEMI Technology Solutions (Kissht) IPO is ₹162 to ₹171 per share.

The lot size of OnEMI Technology Solutions (Kissht) IPO is 87 shares.

The minimum investment for OnEMI Technology Solutions (Kissht) IPO is approximately ₹14,877 based on the upper price band .

OnEMI Technology Solutions (Kissht) IPO opens on Apr 30, 2026 and closes on May 5, 2026.

The allotment date of OnEMI Technology Solutions (Kissht) IPO is May 6, 2026.

OnEMI Technology Solutions (Kissht) IPO is expected to be listed on May 8, 2026, on BSE and NSE .

OnEMI Technology Solutions (Kissht) IPO listed on May 8, 2026. It was issued at ₹190.0(NSE) and is currently around ₹272.00 as on 5-Jun-2026 3:30 PM, which is approximately 59.1% versus issue price. The 52-week high is ₹285.90.

Based on listing and post-listing performance, OnEMI Technology Solutions (Kissht) IPO delivered around 59.1% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy OnEMI Technology Solutions (Kissht) IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

OnEMI Technology Solutions (Kissht) IPO valuation snapshot: P/E 10.84, EPS ₹15.77/-, P/B 0.91, RoNW 15.97%, and market cap ₹2,881.06 Cr.

To apply for OnEMI Technology Solutions (Kissht) IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of OnEMI Technology Solutions (Kissht) IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for OnEMI Technology Solutions (Kissht) IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check OnEMI Technology Solutions (Kissht) IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the OnEMI Technology Solutions (Kissht) IPO allotment status on IPO Ji for quick and easy access.