OnEMI Technology Solutions Limited has launched its much-awaited IPO today, bringing fresh excitement to the primary market.
The company, known for popular apps like Kissht and Ring, is now stepping into the stock market to expand its business further.
With a total issue size of ₹925.92 crore, OnEMI is aiming to strengthen its digital lending presence in India.
If you’re tracking fintech investments, this IPO is already creating buzz.
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IPO Size, Structure and Market Buzz
The IPO includes a fresh issue of shares worth ₹850 crore and an offer for sale worth ₹75.92 crore.
Ahead of the launch, the grey market is showing stable signals.
The grey market premium (GMP) is around ₹4–4.5. Based on the upper price band of ₹171, the estimated listing price could be around ₹175.5.
This suggests a modest expected gain of about 2.6% per share, which is attracting cautious but steady interest from investors.
Price Band and Minimum Investment
OnEMI has set its price band between ₹162 and ₹171 per share.
For retail investors, the minimum investment starts at ₹14,877, which includes one lot of 87 shares.
Here’s a quick breakdown:
Retail investors: 1 lot (87 shares) – ₹14,877
sNII investors: 14 lots – ₹2,08,278
bNII investors: 68 lots – ₹10,11,636
With over 63 million registered users, the company’s large customer base is one of its biggest strengths.
Key Dates You Should Know
The IPO subscription window is open from April 30, 2026, to May 5, 2026.
Important timelines:
Allotment date: May 6, 2026
Listing date: May 8, 2026
Listing exchanges: NSE and BSE
The issue is being managed by JM Financial Ltd., while Kfin Technologies Ltd. is acting as the registrar.
About the Company
Founded in 2016, OnEMI Technology Solutions Limited is a fast-growing fintech company in India.
It provides digital loans and EMI-based payment solutions through its apps.
Whether it’s shopping online or managing expenses, users can access easy credit options through its platform.
The company works with its NBFC partner, Si Creva Capital Services, which handles loan disbursement, KYC, and EMI collections.