Onemi Technology Solutions (Kissht) IPO
IPO Listing Details
- Listing Date
08 May 2026
- Listing Price
₹191.00
- Listing Change
11.70%
- Last Traded Price
₹252.52
Onemi Technology Solutions (Kissht) IPO Details
-
Open Date
30 Apr 2026
-
Close Date
05 May 2026
- IPO Price Range
₹ 162 to ₹171
- IPO Size
₹ 925.92 Cr
Onemi Technology Solutions (Kissht) IPO Timeline
Onemi Technology Solutions (Kissht) IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 30-Apr-2026 | 0.69 | 0.11 | 0.06 | 0.25 |
| 04-May-2026 | 1.51 | 0.53 | 0.17 | 0.63 |
| 05-May-2026 | 25.97 | 6.90 | 2.13 | 9.96 |
Last Updated: 05 May 2026 5:37 PM by 5paisa
OnEMI Technology Solutions Limited is a technology-driven lender in India operating through its Kissht digital lending platform and Ring payments app. It enables seamless consumer credit and EMI-based payments for online and offline merchants, with Si Creva Capital Services managing loan operations. As of Dec 31, 2025, it had 63.73 million users, served 11.17 million customers, and reported AUM of ₹59,557.53 million, offering personal, property-backed, and MSME loans.
Established in: 2016
Managing Director: Krishnan Vishwanathan
Peers:
| Metric |
OnEMI Technology and Women Health Limited |
Bajaj Finance Limited |
Cholamandalam Investment & Finance Company Limited |
HDB Financial Services Limited |
HDB Financial Services Limited |
|
Total Income |
1352.69 | 69724.78 | 26152.76 | 1630.03 | 18637.15 |
| Face Value | 1 | 1 | 2 | 10 | 10 |
| Closing Price | NA | 921.55 | 1568.20 | 674.75 | 670.30 |
|
Market Capitalization |
- | 5734328.16 | 1336164.69 | 560263.29 | 637857.65 |
| P/E Ratio | [●] | 34.36 | 30.99 | 24.70 | 33.28 |
| P/B | [●] | 5.92 | 5.57 | 3.39 | 4.63 |
| EPS (Basic) | 33.09 | 26.89 | 50.72 | 27.40 | 20.15 |
| EPS (Diluted) | 12.79 | 26.82 | 50.60 | 27.32 | 20.14 |
| ROE | 17.74 | 19.19 | 19.71 | 14.72 | 14.82 |
| NAV | 187.58 | 155.60 | 281.45 | 198.80 | 144.86 |
Onemi Technology Solutions (Kissht) Objectives
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 (₹ 500 Cr)
2. General Corporate Purposes
OnEMI Technology IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹925.92 Cr |
| Offer For Sale | ₹75.92 Cr |
| Fresh Issue | ₹850.00 Cr |
OnEMI Technology IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 87 | 14,094 |
| Retail (Max) | 13 | 1,131 | 1,93,401 |
| S - HNI (Min) | 14 | 1,218 | 1,97,316 |
| S - HNI (Max) | 67 | 5,829 | 9,96,759 |
| B - HNI (Min) | 68 | 5,916 | 9,58,392 |
OnEMI Technology IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 25.97 | 1,08,29,478 | 28,12,22,802 | 4,808.910 |
| Non-Institutional Buyers | 6.90 | 81,22,109 | 5,60,81,766 | 958.998 |
| BNII | 8.59 | 54,14,739 | 4,65,23,685 | 795.555 |
| SNII | 3.53 | 27,07,370 | 95,58,081 | 163.443 |
| Individual Investors (IND category bidding for 2 Lots) | 2.13 | 1,89,51,587 | 4,03,57,560 | 690.114 |
| Total** | 9.96 | 3,79,03,174 | 37,76,62,128 | 6,458.022 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 984.46 | 167.45 | 1337.47 |
| EBITDA | 97.71 | 358.96 | 403.37 |
| PAT | 27.67 | 197.29 | 160.62 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 102.39 | 116.39 | 133.41 |
| Share Capital | 4.78 | 4.78 | 5.36 |
| Total Liabilities | 644.10 | 781.76 | 1385.32 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | 111.48 | -637.43 | -661.43 |
| Net Cash Generated From / (used in) Investing Activities | -72.45 | 40.42 | -33.23 |
| Net Cash Generated From / (used in) Financing Activities | 443.59 | 312.08 | 542.34 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 482.62 | -284.93 | -152.31 |
Strengths
1. Strong digital lending platforms with wide customer reach
2. Large registered user base driving scalable growth
3. Diverse loan portfolio across retail and MSME segments
4. Seamless EMI solutions for online and offline merchants
Weaknesses
1. Heavy reliance on NBFC partner for core operations
2. Exposure to credit risk from unsecured personal loans
3. Limited brand recognition compared to established NBFCs
4. Profitability pressures due to high customer acquisition costs
Opportunities
1. Rising demand for digital credit in underserved segments
2. Expansion into tier 2 and tier 3 cities
3. Cross-selling financial products to existing large user base
4. Partnerships with merchants to deepen credit ecosystem
Threats
1. Increasing regulatory scrutiny on digital lending businesses
2. Intense competition from fintech startups and traditional lenders
3. Macroeconomic slowdown impacting borrower repayment capacity
4. Data security and privacy risks in digital platforms
1. Strong presence in fast growing digital lending segment
2. Large user base enabling cross sell opportunities
3. Diversified product portfolio across retail and MSME loans
4. Scalable technology platform with strong merchant partnerships
OnEMI Technology operates in India’s rapidly expanding digital lending ecosystem, driven by increasing smartphone penetration and demand for instant credit. Its dual-platform strategy through Kissht and Ring strengthens its position across lending and payments. With a large user base and merchant network, the company is well placed to scale. Continued focus on data-driven underwriting and partnerships can support sustainable growth and deeper financial inclusion.
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FAQs
OnEMI Technology IPO opens from April 30, 2026, to May 7, 2026.
The size of the OnEMI Technology IPO is ₹925.92 Cr.
The price band of OnEMI Technology IPO is ₹162 to ₹171.
To apply for OnEMI Technology IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the OnEMI Technology. IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of OnEMI Technology IPO is 87 shares and minimum investment is ₹ 14,094.
The share allotment date of OnEMI Technology IPO is May 6, 2026
The OnEMI Technology IPO will likely be listed on May 8, 2026.
JM Financial Ltd is the book running lead managers for OnEMI Technology IPO.
OnEMI Technology IPO plans to utilise the raised capital from the IPO for:
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 (₹ 500 Cr)
2. General Corporate Purposes