30/04/2026
β¨ OnEMI Technology Solutions IPO Alert! β¨
π OnEMI (Kissht) is going public!
π
IPO Timeline
Anchor Investors: April 29, 2026
Open: April 30, 2026
Close: May 5, 2026
Allotment: May 6, 2026
Listing: May 8, 2026
π° Issue Details
Price Band: βΉ162 β βΉ171 per share
Lot Size: 87 shares (βΉ14,877 minimum investment at upper band)
Total Issue Size: βΉ926 crore
Fresh Issue: βΉ850 crore
Offer for Sale (OFS): 44.39 lakh shares worth βΉ76 crore
Valuation: ~βΉ2,881 crore at upper band
π Investor Allocation
QIBs: 50%
Retail Investors: 35%
NIIs: 15%
π¦ Use of Funds
βΉ637.5 crore to strengthen subsidiary Si Creva Capital Services
Balance for general corporate purposes
π Company Snapshot
Founded: 2016, Mumbai
Platforms: Kissht & Ring (digital lending)
FY25 Revenue: βΉ1,337 crore
FY25 PAT: βΉ161 crore
Registered Users: 53.23 million
Active Customers: 1.9 million
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