KISSHT · NSE,BSE · Fintech
OnEMI Technology Solutions IPO listed on 08 May 2026 on NSE,BSE at ₹190.00, a gain of 11.11% over the issue price of ₹171.00. The IPO was subscribed 9.96x overall.
OnEMI Technology Solutions IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 30 Apr 2026 |
| IPO Close Date | 05 May 2026 |
| Basis of Allotment | 06 May 2026 |
| Initiation of Refunds | 07 May 2026 |
| Credit of Shares to Demat | 07 May 2026 |
| Listing Date | 08 May 2026 |
Listing day gain
+11.11%
Listed at ₹190 (issue ₹171)
Issue
₹171
Listing
₹190
Current
₹208.63
+22.01% vs issue
Day range
₹190 – ₹227.4
Issue Size
54,147,390 shares
(aggregating up to ₹926.00 Cr)
Issue Price
₹162 – ₹171
Face Value
₹1/share
Market Lot
87 shares
Retail Min Investment
₹14,877
Listing At
NSE,BSE
Sale Type
both
Fresh Issue
49,707,602 shares
(aggregating up to ₹850 Cr)
Offer for Sale
4,439,788 shares
(aggregating up to ₹76 Cr)
Issue Type
book building
Open Date
30 Apr
Close Date
05 May
Allotment
06 May
Listing
08 May
Last updated: 4 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 08 May 2026 Latest | ₹171 | ₹18 | ₹189 | ₹18 |
10.53%
|
10:01 AM |
| 07 May 2026 | ₹171 | ₹27 | ₹198 | ₹27 |
15.79%
|
4:21 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 05 May 2026
| Category | Subscribed (x) |
|---|---|
| QIB | 25.97x |
| NII | 6.9x |
| bNII (bids above ₹10L) | 8.59x |
| sNII (bids below ₹10L) | 3.53x |
| Retail Investors | 2.13x |
| Total | 9.96x |
Showing the latest subscription snapshot.
View full subscription historyRanvir Singh and Krishnan Vishwanathan are the promoters of the company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 87 | ₹14,877 |
| Retail (Max) | 13 | 1,131 | ₹193,401 |
| S-HNI (Min) | 14 | 1,218 | ₹208,278 |
| S-HNI (Max) | 67 | 5,829 | ₹996,759 |
| B-HNI (Min) | 68 | 5,916 | ₹1,011,636 |
OnEMI Technology Solutions started in 2016. Ranvir Singh and Krishnan Vishwanathan built it — both fintech people who saw a real gap in how ordinary Indians access credit.
The company runs two brands: Kissht for digital loans, Ring for payments. The idea was never complicated — if someone needs a personal loan and has a smartphone, why should it take weeks and a pile of paperwork? Their NBFC subsidiary, Si Creva Capital Services, handles the actual disbursements and collections on the backend.
By March 2025, they had 53 million registered users and around 9 million active customers. AUM crossed ₹4,000 crore. Their average borrower is 32 years old, earns somewhere between ₹25,000 and ₹75,000 a month, and lives in one of India’s top 50 cities. Not the ultra-rich, not the completely unbanked — the middle stretch that most lenders have always found inconvenient to serve.
Revenue hit ₹1,337 crore in FY25, up from ₹984 crore in FY23. Net profit jumped from ₹27 crore to ₹160 crore over the same period.
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 1,001.51 | 1,700.3 | 1,352.69 |
| Profit After Tax (PAT) | 27.67 | 197.29 | 160.62 |
| EBITDA | 97.71 | 358.96 | 403.37 |
| Total Assets | 1,275.2 | 1,796.53 | 2,701.1 |
| Net Worth | 566.23 | 804.57 | 1,005.99 |
| Reserves & Surplus | 556.17 | 794.5 | 995.32 |
| Total Borrowing | 387.89 | 784.3 | 1,507.58 |
Revenue & Profit Trend
The basis of allotment for OnEMI Technology Solutions IPO was finalised on 06 May 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The OnEMI Technology Solutions IPO is expected to open in Apr 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for OnEMI Technology Solutions IPO is ₹162.00 - ₹171.00 per share.
As per market sources, OnEMI Technology Solutions IPO GMP is currently ₹18.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for OnEMI Technology Solutions IPO stands at 9.96x overall.
The listing date for OnEMI Technology Solutions IPO is 08 May 2026.
No comments yet. Be the first to comment!