OnEMI Technology makes solid debut on listing

Athira Sethu

Kochi, 9 May 2026

Shares of OnEMI Technology, the parent company of digital lending platform Kissht, made a strong debut on the domestic stock exchanges, listing at around a 12% premium over the IPO price. The fintech company raised ₹926 crore through its public offering, with the stock opening at ₹191 on the BSE and ₹190 on the NSE, signaling positive investor sentiment.

IPO Listing Details	Information
BSE listing price	₹191 (11.7% premium over ₹171 IPO price)
NSE listing price	₹190 (11.11% premium)
Market capitalization	₹3,218 crore
Grey market price	₹198 (premium of 15.79% before listing)
Benchmark indices at listing	BSE Sensex & NIFTY 50 down 0.6%

IPO Subscription & Pricing	Details
IPO subscription	9.49 times
Total shares bid	37.75 crore shares (₹6,456 crore)
Shares on offer	3.97 crore shares
Price band	₹162–171 per share
Demand trend	Muted initial demand; strong QIB participation drove final subscription

Investor Segment Participation	Subscription & Notes
Qualified Institutional Buyers (QIB)	Subscribed 24.87 times; 28.12 crore shares bid vs 1.13 crore offered
Foreign Institutional Investors (FIIs)	7.36 crore shares bid
Non-Institutional Investors (NII)	Subscribed 6.57 times
Retail Individual Investors (RII)	Subscribed 2.02 times
High-Net-Worth Individuals (₹10 lakh+)	Subscribed 8.18 times

User Base & Financials	As of March 31, 2025
Registered users	53.23 million
Customers served	9.16 million
Active borrowers	1.9 million
Assets under management (AUM)	₹4,086.6 crore
Total income FY25	₹1,352.7 crore (down from ₹1,700.3 crore)
Profit after tax FY25	₹160.6 crore (19% decline)
Net worth	₹1,006 crore
Total assets	₹2,701 crore
Borrowings	₹1,507.6 crore