OnEMI Technology IPO Date, Price Band, GMP, Review & Allotment Details
Latest Grey Market Premium & IPO Details
OnEMI Technology IPO 2026 – Key Info & Highlights
📌 IPO Details
| Company Name | OnEMI Technology IPO |
|---|---|
| Sector / Industry | Financial Services |
| IPO Open Date | 30-04-2026 |
| IPO Close Date | 05-05-2026 |
| Allotment Date | 06-05-2026 |
| Refund Date | 07-05-2026 |
| Share Credit Date | 07-05-2026 |
| Listing Date | 08-05-2026 |
| Price Band | ₹162 - ₹171 |
| Lot Size | 87 Shares |
| Min Investment | ₹14877 |
| Net Issue Size | ₹925.92 Cr |
| Fresh Issue | ₹850.00 Cr |
| OFS | ₹75.92 Cr |
| IPO Listing At | BSE NSE |
| DRHP | View DRHP |
| RHP | View RHP |
| Anchor List | https://ipoinfoindia.com/uploads/anchor-doc/onemi-technology-anchor-20260501003458-6437.pdf |
| Issue Type | Book Build Issue |
| Face Value | ₹1 Per Equity Share |
* All Dates are provisional
Quota Allocation
| Category | Allocation (%) |
|---|---|
| Retail Investors | 35.00% |
| QIB (Qualified Institutional Buyers) | 50.00% |
| Anchor Investors | 30.00% |
| HNI (High Net Worth Individuals) | 15.00% |
📈 Grey Market Premium (GMP) Day-wise Trend
| GMP Date | GMP Price | Trend | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 08-05-2026 | ₹23.00 | - | ₹194.00 | ₹2001.00 | 08-05-2026 12:20 |
| 07-05-2026 | ₹23.00 | ▼ | ₹194.00 | ₹2001.00 | 07-05-2026 23:00 |
| 06-05-2026 | ₹27.00 | ▲ | ₹198.00 | ₹2349.00 | 06-05-2026 23:20 |
📝 About OnEMI Technology
Incorporated on 18 June 2016, OnEMI Technology Solutions Limited is a technology-driven digital lending and fintech company in India, best known through its consumer brands Kissht and Ring. The company focuses on making credit more accessible by offering fast, digital-first lending solutions for both personal and business needs.
Through its Kissht platform, the company provides digital personal loans and EMI-based financing solutions, helping consumers access credit seamlessly across online and offline merchant networks. Its Ring platform extends the ecosystem into credit-led payments, strengthening its presence in India’s growing fintech and embedded finance space.
OnEMI’s wholly owned NBFC subsidiary, Si Creva Capital Services, supports the lending ecosystem by managing loan disbursement, underwriting, KYC processing, and EMI collections, creating an integrated technology-plus-lending business model.
The company offers a diversified product portfolio, including:
- Personal Loans for salaried and self-employed individuals for consumption and business requirements
- Loans Against Property (LAP) for MSMEs and individuals seeking long-term funding for business expansion and working capital
- Consumer Credit and EMI Financing for merchant-led transactions
- Digital Payment and Credit Solutions through the Ring platform
As of March 31, 2025, OnEMI had built significant scale with 53.23 million registered users and 9.16 million customers served, reflecting strong customer adoption. Its digital platform also maintained a 4.6-star Play Store rating based on over 1 million user reviews, along with an impressive Net Promoter Score (NPS) of 91, indicating strong customer satisfaction.
The company leverages AI-led underwriting, data analytics, and technology-driven risk management to scale its lending operations efficiently while maintaining credit discipline. Supported by 1,278 permanent employees as of March 2025, OnEMI has positioned itself as a fast-growing player in India’s digital lending and fintech ecosystem.
With a combination of technology, consumer credit, merchant financing and scalable lending infrastructure, OnEMI Technology Solutions is well placed to benefit from the rising demand for digital financial services in India.
OnEMI Technology Revised Financials
Profit / Loss & Total Assets
Total Income grew from ₹1,001.51 Cr (FY23) to ₹1,352.69 Cr (FY25), while Profit After Tax surged from ₹27.67 Cr to ₹160.62 Cr — nearly 6x growth. Net Worth increased from ₹566.23 Cr to ₹1,005.99 Cr, while Total Borrowings rose from ₹387.89 Cr to ₹1,507.58 Cr, supporting expansion and asset growth.
| Metric (₹ Cr) | 31 Dec 2025 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Total 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 |
| EBITDA | 488.45 | 403.37 | 358.96 | 97.71 |
| 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 |
Note: Positive figures indicate profit. All values are in ₹ Cr. Period ended Dec 2025 represents a 9-month period and is not directly comparable with full fiscal years.
OnEMI Technology Solutions IPO Objects of Issue
- Capital Infusion into Subsidiary (₹637.50 Cr) – The company proposes to utilize ₹637.50 crore from the issue proceeds to augment the capital base of its subsidiary, Si Creva, to meet future capital requirements arising from business growth.
- General Corporate Purposes (Amount Not Specified) – A portion of the net proceeds will be used for general corporate purposes, including strategic initiatives, operational requirements, and other business needs.
OnEMI Technology Solutions Strengths
- Large and Growing Customer Base – The company has built a strong customer franchise across India through its digital lending platform, helping it scale rapidly and deepen market reach.
- Technology-Driven Lending Platform – Its AI-powered and data-driven technology platform supports underwriting, loan disbursement, servicing and collections, improving efficiency and scalability.
- Strong Risk Management Framework – The company focuses on disciplined credit assessment and asset quality management, which supports sustainable growth in its lending business.
- Diversified Funding and Scalable Business Model – Access to multiple funding sources and a scalable fintech-led model position the company well for future expansion.
- Experienced Leadership and Investor Support – The business is backed by experienced promoters and reputed investors, providing strategic strength and long-term growth support.
OnEMI Technology Solutions Risk Factors
- Asset Quality and Credit Risk – As a lending-focused business, any deterioration in borrower repayment behavior or rise in non-performing assets (NPAs) could impact profitability.
- Regulatory Risk – The business operates in a regulated fintech and lending environment, and changes in RBI regulations or compliance requirements may affect operations.
- Dependence on Funding Availability – Growth depends on continued access to debt funding and capital support. Any disruption in funding sources could affect business expansion.
- Competitive Industry Pressure – The company faces competition from banks, NBFCs and fintech platforms, which may impact margins, customer acquisition and growth.
- Technology and Data Security Risks – As a digital lending platform, system failures, cyber risks or data security breaches could adversely affect operations and reputation.
Company Information
Founded in: 2016
MD / CEO: Ranvir Singh (CEO)
Address: 10th Floor, Tower 4, Equinox Park, LBS Marg, Kurla West, Mumbai, Maharashtra 400070, India
Website: www.kissht.com
Phone: +91 22 6947 5600
Email: compliance@kissht.com
IPO Quick Info
30 Apr 2026
05 May 2026
Upcoming
Lead Manager(s)
- Centrum Capital Ltd.
- HSBC Securities and Capital Markets (India) Pvt. Ltd.
- JM Financial Ltd.
- Nuvama Wealth Management Ltd.
- SBI Capital Markets Ltd.
Frequently Asked Questions
OnEMI Technology Solutions Limited is a digital lending and fintech company operating through the Kissht and Ring platforms, offering personal loans, EMI financing, digital credit, and payment solutions.