OnEMI Technology Solutions

ListedMainboard

Price Band

162 – ₹171

Issue Size

926 Cr

Lot Size

87 shares

Min ₹14,877

Issue Dates

30 Apr 5 May 2026

Listing Date

8 May 2026

About OnEMI Technology Solutions Ltd

OnEMI Technology Solutions Limited is an Indian fintech company focused on digital lending and EMI-based payment solutions. Incorporated in 2016, the company operates through its flagship brands Kissht and Ring. Kissht offers digital consumer lending solutions, including personal loans, MSME loans, and loan-against-property products. Ring is a payments and credit platform that enables users to access credit lines and make EMI-based transactions. The company provides financing solutions for both online and offline merchants and leverages AI-driven risk management and cloud-native technology infrastructure to scale lending operations efficiently. Its NBFC partner, Si Creva Capital Services, manages: Loan disbursement KYC compliance EMI collections Key Highlights (as of Dec 31, 2025) Registered Users: 63.73 million Customers Served: 11.17 million Assets Under Management (AUM): ₹5,955.75 crore Focus Areas: Personal Loans MSME Financing Loan Against Property EMI-based Consumer Credit

Visit Website

IPO Details

Price Band₹162 – ₹171
Face Value₹1
Lot Size87 shares(Min ₹14,877)
Issue Size₹926 Cr
Fresh Issue₹850 Cr
Offer for Sale76 Cr
Total Shares Offered5,41,47,390
Listed OnBoth

Objects of the Issue

The company proposes to utilize the net proceeds from the IPO primarily for augmenting the capital base of its subsidiary, Si Creva Capital Services, to meet future capital requirements arising from business growth and lending operations. An estimated ₹637.50 crore will be allocated for this purpose. The remaining ₹156.59 crore will be used for general corporate purposes. The total estimated utilization of proceeds amounts to ₹794.09 crore.

Key Financial Metrics

EPS (Basic)

15.77

P/E Ratio

10.84x

ROE

23.51%

Debt / Equity

1.63

Financial Performance

Particulars (₹ Cr)FY24FY25
Revenue1,700.31,352.69
EBITDA358.96403.37
PAT197.29160.62
Total Assets1,796.532,701.1
Net Worth804.571,005.99
Total Borrowings784.31,507.58

Valuation

Market Capitalisation

Pre-IPO₹2,881.06 Cr
Post-IPO₹3,806.98 Cr

P/E Ratio

Pre-IPO10.84x
Post-IPO12.65x

Promoter Holding

Pre-IPO32.3%
Post-IPO23.33%

Public Holding

Pre-IPO67.7%
Post-IPO76.67%

Lot Size & Allocation

Investment by Category

CategoryLot SizeMin InvestmentMax Investment
Retail (RII)87 shares₹14,877₹1,93,401
S-HNI14 × 87₹2,08,278₹9,96,759
Retail (RII)68 × 87₹10,11,636

Reservation / Allocation

CategoryAllocationCut-off
QIB (Qualified Institutional Buyers)50%No
NII (Non-Institutional Investors)15%No
RII (Retail Individual Investors)35%No

Frequently Asked Questions

10 questions about OnEMI Technology Solutions IPO

It is a mainboard IPO of OnEMI Technology Solutions Ltd., a fintech company operating digital lending platforms like Kissht and Ring.

Important Dates

Issue Opens30 Apr 2026
Issue Closes5 May 2026
Anchor Bid Date29 Apr 2026
Allotment6 May 2026
Refund Initiation7 May 2026
Demat Credit7 May 2026
Listing Date8 May 2026

Live GMP

Grey Market Premium18
GMP %10.53%
View GMP History

Subscription

6.97x

Overall Subscribed

QIB25.97x
NII6.91x
Retail2.13x
View Full Details

Community Discussion

Ask questions and share your thoughts about this IPO

Post a message

0/2000

No account needed · posts are public

Be the first to ask or share about OnEMI Technology Solutions

View full discussion page