Published on Tuesday, May 5, 2026 by Chittorgarh.com Team
Mumbai, May 5, 2026: The initial public offering of OnEMI Technology Solutions Limited (Kissht) has gathered strong momentum, with the issue subscribed 5.09 times on Day 3, led by overwhelming demand from institutional investors.
The Qualified Institutional Buyer (QIB) segment has surged to 13.01 times subscription, emerging as the clear driver of the issue. The non-institutional investor (NII) category has also shown robust participation at 4.67 times, with the bNII segment subscribed 6.11 times.
Institutional participation, including from domestic mutual funds and global investors, has been a defining feature of the offering, reinforcing confidence in the company’s business model and growth trajectory.
Retail participation stands at 0.74 times as of Day 3, with market trends typically indicating acceleration closer to the closing window.
The IPO, priced in the band of ₹162 to ₹171 per share, continues to see strong engagement across investor segments.
With the issue already subscribed over 5 times and the QIB book heavily oversubscribed, the Kissht IPO is witnessing strong traction as it moves towards closure.
