OnEMI Technology Solutions Limited (KISSHT)
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OnEMI Technology Solutions Limited (KISSHT)'s successfully completed its Initial Public Offering and commenced trading on May 08, 2026 at the NSE, BSE exchange. The company raised 5,41,47,390 Shares through this public offering, comprising 4,97,07,602 Shares in fresh capital and ₹75.92 Cr through the Offer for Sale mechanism.
The IPO was priced within the band of ₹162 to ₹171, with minimum application lots of 87 shares. The offering attracted significant investor interest during its subscription period from Apr 30, 2026 to May 05, 2026.
Share allotment was finalized on May 06, 2026, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- 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.
- 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.
- Ranvir Singh
- Krishnan Vishwanathan
OnEMI Technology Solutions Limited (KISSHT)
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