
Financial Services · NSE / BSE
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.
Price Band
₹162 – ₹171
Issue Size
₹5414.74 L Cr
Lot Size
87 shares
GMP
+10.5%
Est. Listing
₹189
at current GMP
Subscribed
9.96x
overall
Open
30 Apr 2026
Close
5 May 2026
Allotment
6 May 2026
Refund
7 May 2026
Demat Credit
8 May 2026
Listing
8 May 2026
Overall Subscription
9.96x
Total Demand
QIB Multiplier
25.97x
Institutions & Funds
NII / HNI
6.90x
High Net-Worth
Retail (RII)
2.13x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 10,829,478 | 281,222,802 | 25.97x |
| NIB | 8,122,109 | 56,081,766 | 6.90x |
| HNIs(10L +) | 5,414,739 | 46,523,685 | 8.59x |
| HNIs (2-10L) | 2,707,370 | 9,558,081 | 3.53x |
| RETAIL | 18,951,587 | 40,361,562 | 2.13x |
| Total | 46,025,283 | 433,747,896 | 9.96x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 217,834 | 131,670 | 0.60x |
| HNIs(10L +) | 4,446 | 6,426 | 1.45x |
| HNIs (2-10L) | 2,223 | 7,292 | 3.28x |
| Total Applications | 224,503 | 145,388 | 0.65x |
OnEMI Technology Solutions Limited (KISSHT) is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹5,41,47,390 Crores. The shares are offered at a price band of ₹162 to ₹171 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-05-05, the basis of allotment is scheduled to be finalized on 2026-05-06. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The OnEMI Technology Solutions Limited (KISSHT) IPO aggregate issue size is ₹5,41,47,390 Crores with an equity price band set at ₹162 to ₹171 per equity share. The retail lot size is 87 shares requiring a minimum capital outlay of approx. ₹14,877.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2026-05-06.