OnEMI Technology Solutions Limited (KISSHT)
Bookbuilding IPO · NSE, BSE
- Price band
- ₹162 – ₹171
- Lot size
- 87 shares
- Issue amount
- ₹925.92 cr
- Total subscription
- 9.96×
- Opens
- 30 Apr 2026
- Closes
- 5 May 2026
- Allotment
- 6 May 2026
- Listing
- 8 May 2026
Offer at a glance
Issue overview
- Issue size
- 5,41,47,390 shares
- Face value
- ₹1 Per Share
- Minimum investment
- ₹14,094
- Fresh issue
- ₹850 cr
- Offer for sale
- ₹75.92 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,877
- Issue type
- Bookbuilding IPO
- Shares before issue
- 5,40,91,080
- Shares after issue
- 11,86,61,750
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 87 | ₹14,877 |
| sHNI | 14 | 1,218 | ₹2,08,278 |
| bHNI | 68 | 5,916 | ₹10,11,636 |
Share reservation
Subscription & GMP
Subscription by category
Reported 5 May 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 2,17,834 | 1,31,670 |
| HNIs(10L +) | 4,446 | 6,426 |
| HNIs (2-10L) | 2,223 | 7,292 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 185.18 | 4,808.91 |
| FIIs | 0 | 1,259.52 |
| FIs | 0 | 575.77 |
| Mutual Funds | 0 | 789 |
| Others | 0 | 2,184.62 |
| RETAIL | 324.07 | 690.18 |
| HNIs 2+ | 46.3 | 163.44 |
| HNIs 10+ | 92.59 | 795.56 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 15.16 | 12.79 | 15.54 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 21.18 | 15.97 | 24.52 |
| PRE IPO(PE) | 0 | 12.65 | 0 |
| POST IPO(PE) | 10.84 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| OnEMI Technology Solutions Limited | 12.65 | 171.00 | 1.00 | 187.58 | 0 | 33.09 |
| Bajaj Finance Limited | 34.36 | 921.55 | 1.00 | 155.6 | 0 | 33.09 |
| Cholamandalam Investment And Finance Company Limited | 30.99 | 1568.20 | 2.00 | 281.45 | 0 | 50.72 |
| Hdb Financial Services Limited | 24.7 | 674.75 | 10.00 | 198.8 | 0 | 27.4 |
| Sbi Cards And Payment Services Limited | 33.28 | 670.30 | 10.00 | 144.86 | 0 | 20.15 |
Company information
Company profile
Incorporated on 18 June 2016, OnEMI Technology Solutions Private Limited is a technology-enabled lender in India that primarily offers digital loans through its mobile application for both personal and business needs. The company operates under the brand names Kissht, a digital lending platform, and Ring, a payments app, enabling online and offline merchants to provide seamless consumer credit and EMI-based payment options, while its NBFC partner Si Creva Capital Services manages loan disbursement, KYC, and collections. As of March 31, 2025, the platform had 53.23 million registered users and served 9.16 million customers, with a Play Store rating of 4.6 stars based on over 1 million reviews and a strong net promoter score of 91. The company offers products such as personal loans for salaried and self-employed individuals and loan against property for MSMEs and individuals seeking long-term funding for business expansion and working capital needs.
Strengths
- Digital Lending Platform: The company operates a technology-based platform offering quick loans and EMI financing solutions, making credit access simple and fast.
- Strong Customer Base: It has built a large and growing user base, which supports consistent business growth.
- Multi-Channel Reach: Customer acquisition happens through both online platforms and offline merchant partnerships, improving market penetration.
Risk factors
- Exposure to Credit Risk: The business involves lending, which carries the risk of loan defaults and impact on asset quality.
- Dependence on Borrowing Demand: Growth depends on consumer demand for credit, which may fluctuate with economic conditions.
- Regulatory Environment: The fintech and lending sector is regulated, and any changes in rules may affect operations.
Promoters
Ranvir Singh
Krishnan Vishwanathan
Registrar & documents
Lead manager
Jm Financial Limited, Hsbc Securities & Capital Markets Private Limited, Nuvama Wealth Management Limited, SBI Capital Markets Limited, Centrum Capital Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
10 th Floor, Tower 4, Equinox Park, LBS Marg, Kurla (West), Mumbai, Maharashtra, 400070
+91 22 6947 5600
[email protected]Company website ↗Understanding KISSHT IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.