IPO Details

OnEMI Technology Solutions IPO

OnEMI Technology Solutions Limited

OnEMI Technology Solutions logo
Mainboard IPO
₹13,500

Minimum Investment

Exchange Listed · NSE / BSESEBI Regulated Issue

About Company

Company Name: OnEMI Technology Solutions Limited

Industry / Sector: Fintech / Digital Lending Platform

Founded Year: 2017

Promoters: Ashish Tulsian, Harshvardhan Lunia

OnEMI Technology Solutions Limited, parent company of Kissht and Ring, operates a fintech platform offering digital consumer lending, BNPL (Buy Now Pay Later), and credit solutions. The company leverages data analytics, AI-based underwriting, and partnerships with NBFCs to provide instant loans to salaried and self-employed individuals across India.

IPO Basic Details

Company NameOnEMI Technology Solutions Limited
IPO TypeMainboard IPO
Price Band₹135 – ₹144
Lot Size100
Total Issue Size₹84.96 Cr (59,00,000 shares)

IPO Strengths & Risks

Strengths

  • Strong fintech ecosystem (Kissht + Ring)
  • AI-driven credit underwriting
  • Large digital customer base
  • Scalable asset-light business model

Risks

  • Loss-making business
  • High credit risk exposure
  • Dependence on lending partners
  • Regulatory risks in fintech sector

IPO Important Dates

IPO Open Date30 Apr 2026
IPO Close Date06 May 2026
Basis of Allotment07 May 2026
Refund Initiation08 May 2026
Demat Credit Date08 May 2026
Listing Date09 May 2026
Anchor Investor Date-
UPI Mandate Deadline-

IPO Objectives

  • Capital expenditure for machinery and equipment – -
  • Funding working capital requirements – -
  • Debt repayment – -
  • General corporate purposes – Remaining amount

Investor Reservation

QIB Quota50%
Retail Quota35%
HNI Quota15%
Employee Quota-
Shareholder Quota-
Anchor Investor Allocation-

Market Lot Details

ApplicationLot SizeSharesAmount
Retail Minimum1 lot100₹14,400
Retail Maximum13 lots1300₹1,87,200
S-HNI Minimum14 lots1400₹2,01,600
S-HNI Maximum---
B-HNI Minimum70 lots7000₹10,08,000

Key Performance Indicators (KPI)

ROENegative
ROCENegative
RoNW-
PAT MarginNegative
EBITDA MarginNegative
EPSNegative
NAV per share-
Debt to EquityN/A
P/E RatioN/A
Industry P/E-

Company Financial Data

PeriodAssetsTotal IncomePATEBITDANet WorthBorrowings
Latest AvailableN/AN/ALoss makingNegativeN/AN/A

Grey Market Premium

GMP PriceN/A
Kostak RateN/A
Subject to SaudaN/A
Last UpdatedApr 2026
Estimated Listing PriceN/A

IPO Subscription Data

Total SubscriptionN/A
QIB (Ex Anchor)N/A
HNI SubscriptionN/A
Retail SubscriptionN/A
Anchor-

IPO Intermediaries

Registrar: KFin Technologies Ltd.

Registrar Website: https://www.kfintech.com

IPO Lead Manager(s)

Hem Securities Ltd.

Company Information

Address: 10 th Floor,Tower 4, Equinox Park, LBS Marg, Kurla (West),Mumbai, Maharashtra, 400070

Website: https://www.kissht.com

Email: compliance@kissht.com

Phone: +91 22 6947 5600

IPO Documents

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