How to Check OnEMI Technology Solutions IPO Allotment Status

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 December 31, 2025, the company has 63.73 million registered users and served 11.17 million customers, with an AUM of ₹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.

OnEMI Technology IPO is a book build issue of ₹925.92 crore, comprising a fresh issue of 4.97 crore shares aggregating to ₹850.00 crore and an offer for sale of 0.44 crore shares aggregating to ₹75.92 crore. The IPO opened on April 30, 2026, and closed on May 5, 2026. The allotment is expected on Wednesday, May 6, 2026. The share price band was set at ₹162 to ₹171 per share.

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Steps to Check OnEMI Technology IPO Allotment Status on Registrar Site

• Visit the Kfin Technologies Ltd.
• Select "OnEMI Technology" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check OnEMI Technology IPO Allotment Status on BSE/NSE

• Navigate to the BSE IPO Allotment Status Page/NSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "OnEMI Technology" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

OnEMI Technology IPO Subscription Status

OnEMI Technology IPO subscribed 9.94 times overall. Here is the category-wise breakdown as of 4:54:34 PM on May 5, 2026:

• QIB Category (Ex Anchor): 25.97 times
• Non-Institutional Investors (NII): 6.89 times
• Retail Investors: 2.08 times

OnEMI Technology IPO Share Price and Investment Details

The minimum investment required was ₹14,877 for 1 lot (87 shares). The issue raised ₹277.78 crore from anchor investors. The anchor investor lock-in period ends on June 5, 2026 for 50% of shares (30 days) and August 4, 2026 for the remaining shares (90 days). Given the overall subscription of 9.94 times with strong institutional interest at 25.97 times, healthy NII participation at 6.89 times, and moderate retail subscription at 2.08 times, the share price listing expectations remain positive.

Utilisation of IPO Proceeds

The proceeds will be utilised for augmenting the capital base of Subsidiary, Si Creva, to meet its future capital requirements arising out of the growth of Si Creva's business (₹637.50 crore), and general corporate purposes.

Business Overview

OnEMI Technology Solutions Limited is engaged in digital loans through mobile applications. The company marked growth in its financial performance except for FY25, where it posted de-growth. It will be perhaps the only listed entity doing digital loan business, as claimed by the management. Around 94% of its lending is unsecured, which remains the major risk. Its contingent liabilities of over ₹1,790 crore as of December 31, 2025 raise concern.

The company demonstrated financial performance with total income of ₹1,352.69 crore for FY2025 and a net worth of ₹1,254.34 crore as of December 31, 2025. The company benefits from a large customer base acquired through a diversified multi-channel acquisition strategy, advanced and comprehensive risk management driving asset quality, access to diversified and scalable funding sources, a scalable cloud-native and AI-built technology platform integrated across all key functions, and experienced founders and leadership backed by marquee investors. However, investors should note the post-issue P/E ratio of 10.84 and Price to Book Value of 0.91.