O

OnEMI Technology Solutions Ltd.

LISTED
Mainboard
GMP-
Subscription9.5×Overall
Min. Investment₹14,0941 lot × 87 shares

IPO Details

Issue Size₹32,189.52 Cr
Price Band₹162 – ₹171Per equity share
Lot Size87 SharesMin 1 lot (Retail)
Face Value₹1 / sharePaid-up equity
Total Shares188.24 CrOffered to public
Market Cap₹2,031.06 CrAt upper price band
QIB Quota5.18%Qualified Inst. Buyers
Retail Quota9.06%Non-inst. investors

IPO Timeline

Issue Opens30 Apr 2026

IPO subscription begins

Issue Closes5 May 2026

Last day to apply

Basis of Allotment6 May 2026

Allotment finalization

Listing Date8 May 2026

Trading begins on BSE & NSE

About & Business

Our Company was incorporated as ‘OnEMI Technology Solutions Private Limited’ as a private limited company under the Companies Act, 2013, pursuant to the certificate of incorporation dated June 18, 2016, issued by the RoC CRC. Our Company was subsequently converted into a public limited company pursuant to the resolution passed by our Board of Directors on June 16, 2025, and special resolution passed by our Shareholders on June 17, 2025, and the name of our Company was changed to ‘OnEMI Technology Solutions Limited’, and a fresh certificate of incorporation dated July 8, 2025, was issued by the RoC CPC.

Major Events & Milestones
2016
Incorporation of our Company
Acquisition of the fast-banking business of Si Creva, our Subsidiary by our Company
Registration of Si Creva, our Subsidiary as an NBFC by RBI
Launch of application program of ‘Kissht’, our digital lending platform
2022
Entered merchant-led sales
Our AUM scaled to 3,733.98 million
2023
Our AUM scaled to 12,679.28 million
Our AUM became a ‘Middle-layer’ NBFC under the NBFC Scale Based Regulations
Receipt of ISO/IEC 27001:2022 certification
2024
Launched loans against property as our product
Onboarded Sachin Tendulkar as a strategic investor and brand ambassador
Our AUM scaled to 26,042.75 million
2025
Our AUM scaled to 55,327.77 million

Objectives of the Issue

  1. 01Augmenting the capital base of our Subsidiary, Si Creva, to meet its future capital requirements arising out of the growth of our Subsidiary, Si Creva’s, business
  2. 02General corporate purposes

Agencies & Documents

Book Running Lead Managers (BRLMs)

  • HSBC Securities and Capital Markets (India) Privat
  • JM Financial Limited
  • SBI Capital Markets Ltd.
  • Nuvama Wealth Management Ltd.
  • Centrum Broking Ltd.

Registrar to the Issue

KFin Technologies Ltd.67162222
IPO CalculatorListed
Price Band162171Cut-off: ₹171 per share
Closes5 May 20265:00 PM IST

Select Lots
1

Shares87 shares
Price per share171 (cut-off)
Total Investment14,877

Subscription Status

9.5× Overall
CategorySubscribedShares
Offered
Non Institutional Investors6.57×85,36,339
Qualified Institutional Buyers24.87×1,13,07,787
Retail Individual Investors2.03×1,99,18,124

Last updated: 27 Apr 2026, 07:23 PM IST