OnEMI Technology Solutions IPO GMP, Date, Price Details (2026 Full Analysis Guide)

already ahead of most investors. Why? Because IPO investing is not about luck—it’s about information and timing.

The OnEMI Technology Solutions IPO (popularly known via its Kissht brand) is one of the most talked-about fintech IPOs in 2026. But here’s the real question:

Should you apply for this IPO or avoid it?

Think of this guide like your IPO checklist before investing your money.

OnEMI Technology Solutions IPO Overview

The OnEMI Technology Solutions IPO is a book-building IPO worth ₹925.92 crore, making it a mid-sized fintech offering.

IPO Structure

Fresh Issue: ₹850 crore
Offer for Sale (OFS): ₹75.92 crore

Simple analogy:
Think of this IPO like a restaurant expansion—part of the money builds new branches (fresh issue), while part allows existing owners to cash out (OFS).

OnEMI Technology Solutions IPO Details (Quick Table)

Particulars	Details
IPO Size	₹925.92 Crore
Price Band	₹162 – ₹171
Face Value	₹1
Lot Size	87 Shares
Listing	NSE & BSE
Market Cap	₹2,881.06 Cr

IPO Dates, Timeline & Listing

Timing is everything in IPO investing.

Important Dates

IPO Open Date: April 30, 2026
IPO Close Date: May 5, 2026
Allotment Date: May 6, 2026
Refund Date: May 7, 2026
Listing Date: May 8, 2026

Pro Tip:
Apply on Day 2 or Day 3 after checking subscription trends.

Price Band, Lot Size & Investment Details

Understanding investment size helps you plan better.

Price Band

₹162 to ₹171 per share

Lot Size

Minimum: 87 shares
Investment: ₹14,877

Investor Category Breakdown

Category	Shares	Amount
Retail Min	87	₹14,877
Retail Max	1,131	₹1,93,401
S-HNI	1,218	₹2,08,278
B-HNI	5,916	₹10,11,636

OnEMI Technology Solutions IPO GMP Today

The OnEMI Technology Solutions IPO GMP is one of the most searched keywords—and for good reason.

What is GMP?

GMP = Grey Market Premium
It shows unofficial demand before listing.

GMP Insights

Positive GMP → Possible listing gains
Negative GMP → Weak sentiment
Fluctuates daily

Reality Check:
GMP is not a guarantee. It’s like predicting rain—it may or may not happen.

About OnEMI Technology Solutions Ltd

OnEMI Technology Solutions Ltd is a fintech company founded in 2016.

Brands:

Kissht – Digital lending platform
Ring – Payment app

Services:

Personal loans
MSME loans
Loan against property

User Base

63.73 million users
11.17 million customers
AUM: ₹5,955.73 Cr

Business Model & Revenue Streams

Let’s simplify.

OnEMI acts like a digital credit bridge between users and lenders.

Revenue Sources:

Interest income
Processing fees
Merchant commissions

Simple Analogy

Think of OnEMI like a credit card without a bank branch—everything happens digitally.

Financial Performance Analysis

Numbers tell the real story.

Metric	Dec 2025	Mar 2025	Mar 2024	Mar 2023
Assets	₹3,568 Cr	₹2,701 Cr	₹1,796 Cr	₹1,275 Cr
Revenue	₹1,583 Cr	₹1,352 Cr	₹1,700 Cr	₹1,001 Cr
Profit	₹199 Cr	₹160 Cr	₹197 Cr	₹27 Cr
EBITDA	₹488 Cr	₹403 Cr	₹358 Cr	₹97 Cr

Key Observations

Strong asset growth
Profit consistency
Slight revenue dip in FY25

Key Performance Indicators (KPI)

KPI	Value
ROE	23.51%
Debt/Equity	1.63
RoNW	21.18%
P/E	12.65
EPS	₹13.52

IPO Objectives Explained

The company plans to use funds for:

Main Objectives

₹637.5 Cr → Capital infusion in subsidiary (Si Creva)
General corporate purposes

Strengths of OnEMI IPO

1. Strong Fintech Growth

India’s digital lending market is booming.

2. Scalable Business Model

Technology allows rapid expansion.

3. Large Customer Base

Millions of users already onboard.

4. Asset Growth

Consistent increase in assets.

Risks & Red Flags

Let’s not ignore reality.

Major Risks

94% unsecured loans
High credit risk
Regulatory changes (RBI)
₹1790+ Cr litigation

Translation:
High growth = High risk.

Valuation & Peer Comparison

Valuation Metrics

P/E: 12.65
EPS: ₹13.52

Looks fairly priced compared to fintech companies.

Should You Invest in OnEMI IPO?

Apply If:

You want fintech exposure
Comfortable with risk
Medium-term investor

Avoid If:

Risk-averse
Expect guaranteed listing gains

How to Apply for OnEMI IPO

Step-by-Step Process

Open broker app (Zerodha/Groww)
Select IPO section
Enter bid price & lot size
Approve UPI mandate

Expert Strategy for IPO Investing

Here’s what experienced traders actually do:

Smart IPO Strategy

Check subscription data
Analyze fundamentals
Avoid emotional decisions
Invest limited capital

Learn Before You Invest (Important Section)

If you’re serious about IPO investing, knowledge is your biggest asset.

Platforms like Trendy Traders Academy—recognized as India’s No.1 stock market institute—have trained 45,000+ students with practical exposure.

Why Choose Trendy Traders Academy?

Live trading sessions
Beginner to advanced courses
Real-time market strategies
Flexible learning

As highlighted in their training ecosystem, students benefit from hands-on trading experience and structured mentorship, which is critical before investing in IPOs.

If you want to understand IPOs deeply—not just follow GMP—learning from a trusted stock market mentor in India can make a huge difference.

Disclaimer

This article is for educational purposes only.Stock market investments are subject to market risks. Please consult a financial advisor before investing.