Bookbuilding IPO | ₹926 Cr | Listed at BSE, NSE | Thu, Apr 30, 2026 - Tue, May 5, 2026
OnEMI Technology IPO is a book build issue of ₹925.92 crores. The issue is a combination of fresh issue of 4.97 crore shares aggregating to ₹850.00 crores and offer for sale of 0.44 crore shares aggregating to ₹75.92 crores.
OnEMI Technology IPO bidding started from Apr 30, 2026 and ended on May 5, 2026. The allotment for OnEMI Technology IPO was finalized on May 6, 2026. The shares got listed on NSE and BSE on May 8, 2026.
OnEMI Technology IPO is set final issue price at ₹171 per share. The lot size for an application is 87 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,877 (87 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,218 shares), amounting to ₹2,08,278, and for bNII, it is 68 lots (5,916 shares), amounting to ₹10,11,636.
JM Financial Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to OnEMI Technology IPO RHP for detailed Information.
IPO Open
Thu, Apr 30, 2026
IPO Close
Tue, May 5, 2026
Issue Price
₹171 per share
Market Cap (Pre-IPO)
₹2,881.06 Cr
| IPO Date | 30 Apr to 5 May, 2026 |
| Listed on | Fri, May 8, 2026 |
| Face Value | ₹1 per share |
| Price Band | ₹162 to ₹171 |
| Issue Price | ₹171 per share |
| Lot Size | 87 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 5,41,47,390 shares (agg. up to ₹926 Cr) |
| Fresh Issue | 4,97,07,602 shares (agg. up to ₹850 Cr) |
| Offer for Sale | 44,39,788 shares of ₹1 (agg. up to ₹76 Cr) |
| Share Holding Pre Issue | 11,87,75,420 shares |
| Share Holding Post Issue | 16,84,83,022 shares |
| BSE Script Code / NSE Symbol | 544754 / KISSHT |
| ISIN | INE12F801023 |
OnEMI Technology IPO comprises a total issue size of 5,41,47,390 shares. Out of which, 2,70,73,694 (50.00%) are allocated to QIB, 81,22,109 (15.00%) allocated to NII 1,89,51,587 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 2,70,73,694 | 50.00% | NA |
| − Anchor Investor Shares Offered | 1,62,44,216 | 30.00% | NA |
| − QIB (Ex. Anchor) Shares Offered | 1,08,29,478 | 20.00% | NA |
| NII (HNI) Shares Offered | 81,22,109 | 15.00% | NA |
| − bNII > ₹10L | 54,14,739 | 10.00% | 4,445 |
| − sNII < ₹10L | 27,07,370 | 5.00% | 2,222 |
| Retail Shares Offered | 1,89,51,587 | 35.00% | 2,17,834 |
| Total Shares Offered | 5,41,47,390 | 100.00% |
Investors can bid for a minimum of 87 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 87 | ₹14,877 |
| Retail (Max) | 13 | 1,131 | ₹1,93,401 |
| S-HNI (Min) | 14 | 1,218 | ₹2,08,278 |
| S-HNI (Max) | 67 | 5,829 | ₹9,96,759 |
| B-HNI (Min) | 68 | 5,916 | ₹10,11,636 |
OnEMI Technology IPO raises ₹277.78 crore from anchor investors. OnEMI Technology IPO Anchor bid date is April 29, 2026.
📝 Anchor Investors Letter (PDF)
| Bid Date | Wed, Apr 29, 2026 |
| Shares Offered | 1,62,44,216 |
| Anchor Portion (₹ Cr.) | 277.78 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Jun 4, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Aug 3, 2026 |
Incorporated in 2016, OnEMI Technology Solutions Limited is a technology-enabled lender in India, primarily offering digital loans through its mobile application for various consumption and business needs.
The company operates 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 Dec 31, 2025, the company has 63.73 million registered users and served 11.17 million customers. As of Dec 31, 2025, its AUM stood at Rs 59,557.53 million.
Its product portfolio includes personal loans (offered to salaried and self employed individuals), loan against property, and MSME loans for business expansion and working capital requirements.
Competitive Strengths:
| 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 | ||||
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 Subsidiary, Si Creva, to meet its future capital requirements arising out of the growth of Subsidiary, Si Crevas, business | 637.50 |
| 2 | General Corporate Purposes | 156.59 |
| Total | 794.09 |
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 23.51% | 17.74% |
| Debt/Equity | 1.63 | 1.50 |
| RoNW | 21.18% | 15.97% |
| Price to Book Value | 0.91 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 13.52 | 15.77 |
| P/E (x) | 12.65 | 10.84 |
| Promoter Holding | 32.30% | 23.33% |
| Market Cap | ₹2,881.06 Cr. |
The OnEMI Technology IPO is subscribed 9.96 times on May 5, 2026 6:54:34 PM (Day 3). The public issue subscribed 2.13 times in the retail category, 25.97 times in the QIB category, and 6.91 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 25.97 | 1,08,29,478 | 28,12,22,802 |
| NII | 6.91 | 81,22,109 | 5,60,84,202 |
| bNII (> ₹10L) | 8.59 | 54,14,739 | 4,65,23,685 |
| sNII (< ₹10L) | 3.53 | 27,07,370 | 95,60,517 |
| Retail | 2.13 | 1,89,51,587 | 4,03,64,172 |
| Total | 9.96 | 3,79,03,174 | 37,76,71,176 |
Total Applications: 1,53,474
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMs fees and commissions (including underwriting commission, brokerage and selling commission) | 27.32 |
| 2 | Commission/processing fee for SCSBs and Bankers to the Offer and fee payable to the Sponsor Banks for Bids made by RIBs using UPI | 1.73 |
| 3 | Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.50 |
| 4 | Fees payable to the Registrar to the Offer | 0.09 |
| 5 | Fees payable to other parties, including but not limited to Statutory Auditor, Practicing Company Secretary, and industry expert | 4.84 |
| 6 | Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | 4.19 |
| 7 | Printing and stationery | 1.59 |
| 8 | Advertising and marketing expenses for the Offer | 5.82 |
| 9 | Fee payable to legal counsels | 10.56 |
| 10 | Miscellaneous | 4.29 |
| Total | 60.91 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹171.00 | ₹171.00 |
| Open | ₹191.00 | ₹190.00 |
| Low | ₹190.35 | ₹190.00 |
| High | ₹227.35 | ₹227.40 |
| Last Trade | ₹208.40 | ₹208.63 |
OnEMI Technology IPO is a main-board IPO of 5,41,47,390 equity shares of the face value of ₹1 aggregating up to ₹926 Crores. The issue is priced at ₹171 per share. The minimum order quantity is 87.
The IPO opens on Thu, Apr 30, 2026, and closes on Tue, May 5, 2026.
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 opens on Thu, Apr 30, 2026 and closes on Tue, May 5, 2026.
OnEMI Technology IPO lot size is 87, and the minimum amount required for application is ₹14,877.
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 Wednesday, May 6, 2026, and the allotted shares will be credited to your demat account by Thu, May 7, 2026. Check the OnEMI Technology IPO allotment status.
The OnEMI Technology IPO listing date is on Fri, May 8, 2026.
