Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of OnEMI Technology Solutions Ltd. on January 8, 2026. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
OnEMI Technology Solutions Ltd. IPO is a Book Build Issue consisting of fresh issue of ₹1,000.00 crores and an offer for sale (OFS) of upto 0.89 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. JM Financial Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to OnEMI Technology IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Fresh Issue | [.] shares (agg. up to ₹1,000 Cr) |
| Offer for Sale | 88,79,575 shares of ₹1 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 5,40,91,080 shares |
| Share Holding Post Issue | 11,86,61,750 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Aug 18, 2025 |
| SEBI/Exchange approval received | Thu, Jan 8, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Incorporated on 18 June 2016, OnEMI Technology Solutions Private Limited technology-enabled lender in India, primarily offering digital loans through its mobile application for various consumption and business needs.
The company operating under the brand names Kissht (digital lending platform) and Ring (payments app), OnEMI empowers online and offline merchants with seamless consumer credit solutions and EMI-based payments. Its NBFC partner, Si Creva Capital Services, handles loan disbursement, KYC, and EMI collections
As of March 31, 2025, we had 53.23 million registered users and served 9.16 million customers, along with a Play Store rating of 4.6 stars based on over 1.00 million user reviews and a net promoter score of 91.
Products:
As of March 31, 2025, the company had 1,278 permanent employees.
Competitve Strengths:
OnEMI Technology Solutions Ltd.'s revenue decreased by 20% and profit after tax (PAT) dropped by 19% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 2,701.10 | 1,796.53 | 1,275.20 |
| Total Income | 1,352.69 | 1,700.30 | 1,001.51 |
| Profit After Tax | 160.62 | 197.29 | 27.67 |
| NET Worth | 1,005.99 | 804.57 | 566.23 |
| Reserves and Surplus | 995.32 | 794.50 | 556.17 |
| Total Borrowing | 1,507.58 | 784.30 | 387.89 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | 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 | 750.00 |
| 2 | General Corporate Purpose |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 17.74% |
| Debt/Equity | 1.50 |
| RoNW | 17.74% |
OnEMI Technology IPO is a main-board IPO of 0 equity shares of the face value of ₹1 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The OnEMI Technology IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in OnEMI Technology IPO using UPI as a payment gateway. Zerodha customers can apply in OnEMI Technology IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in OnEMI Technology IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The OnEMI Technology IPO dates are not announced. Please check back again after some time.
OnEMI Technology IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in OnEMI Technology IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for OnEMI Technology IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the OnEMI Technology IPO allotment status.
The OnEMI Technology IPO listing date is not yet announced. The tentative date of listing is .
