OnEMI Technology IPO Details, Financials, Valuation & Peers
Explore OnEMI Technology IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
OnEMI Technology Solutions Private Limited, incorporated on June 18, 2016, is a technology-enabled lender in India. The company primarily offers digital loans through its mobile application to address various consumption and business needs. Operating under the brand names Kissht and Ring, OnEMI provides seamless consumer credit solutions and EMI-based payments to online and offline merchants. Its NBFC partner, Si Creva Capital Services, manages loan disbursement, KYC, and EMI collections.
Key highlights include:
- Core Business: Digital lending through a mobile application for consumption and business needs.
- Main Products/Services: Personal loans for salaried and self-employed individuals, and loans against property for MSMEs and salaried individuals seeking long-term financing.
- Industry Focus: Technology-enabled lending in India, supporting merchants and consumers.
- Key Highlights:
- A large customer base with 53.23 million registered users and 9.16 million served customers as of March 31, 2025.
- Strong customer satisfaction indicated by a 4.6-star Play Store rating and a Net Promoter Score of 91.
- Scalable, cloud-native, and AI-built technology platform integrated across key functions.
- Competitive strengths include a diversified multi-channel acquisition strategy and advanced risk management for asset quality.
- Experienced founders and leadership, supported by marquee investors.
Objects of the Issue
- Augmenting the capital base of Subsidiary, Si Creva, to meet its future capital requirements arising out of the growth of Subsidiary, Si Crevas, business
- General Corporate Purposes
- Total
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 30 Apr - 05 May 2026 |
| IPO Price Band | ₹162 - ₹171 per share |
| Fresh Issue | ₹850.00 crore |
| Offer For Sale | ₹75.92 crore |
| Total IPO Size | ₹925.92 crore |
| Face Value | ₹1 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 30 Apr 2026 |
| IPO Closing Date | 05 May 2026 |
| Basis Of Allotment | 06 May 2026 |
| Refunds | 07 May 2026 |
| Demat Transfer | 07 May 2026 |
| IPO Listing Date | 08 May 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Dec 2025 |
|---|---|---|---|---|
| Assets | 1,275.20 | 1,796.53 | 2,701.10 | 3,568.78 |
| Total Income | 1,001.51 | 1,700.30 | 1,352.69 | 1,583.93 |
| Profit After Tax | 27.67 | 197.29 | 160.62 | 199.27 |
| EBITDA | 97.71 | 358.96 | 403.37 | 488.45 |
| NET Worth | 566.23 | 804.57 | 1,005.99 | 1,254.34 |
| Reserves and Surplus | 556.17 | 794.50 | 995.32 | 1,242.32 |
| Total Borrowing | 387.89 | 784.30 | 1,507.58 | 2,047.52 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| OnEMI Technology Solutions LTD | 13.37 | 12.79 | 187.58 | |
| Sbi Cards And Payment Services Limited | 33.28 | 20.14 | 144.86 | |
| Hdb Financial Services Limited | 24.7 | 27.32 | 198.8 | |
| Cholamandalam Investment And Finance Company Limited | 30.99 | 50.6 | 281.45 | |
| Bajaj Finance Limited | 34.36 | 26.82 | 155.6 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | 2,70,73,694 |
| Non-Institutional Investor (NII/HNI) | 81,22,109 |
| Retail Individual Investor (RII) | 1,89,51,587 |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 25.97 |
| Non-Institutional Investor (NII/HNI) | 6.91 |
| Retail Individual Investor (RII) | 2.13 |
| Total | 9.96 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Lead Managers
- 1JM Financial Ltd.
- 2SBI Capital Markets Ltd.
- 3Centrum Capital Ltd.
- 4HSBC Securities & Capital Markets (India) Pvt.Ltd.
- 5Nuvama Wealth Management Ltd.
Company Address
OnEMI Technology Solutions Ltd.10 th Floor,
Tower 4,
Equinox Park, LBS Marg, Kurla (West),
Mumbai, – 400070https://www.kissht.com/+91 22 6947 5600compliance@kissht.com
FAQs
- What is the issue size of the OnEMI Technology IPO?The OnEMI Technology IPO has an issue size of ₹925.92 crore. This includes a fresh issue of ₹850.00 crore and an offer for sale (OFS) of ₹75.92 crore.
- What is the price band of the OnEMI Technology IPO?The price band for the OnEMI Technology IPO is ₹162 - ₹171 per share.
- What are the bidding dates for the OnEMI Technology IPO?The OnEMI Technology IPO will open for bidding on 30 Apr 2026 and close on 05 May 2026.
- What is the allotment date for the OnEMI Technology IPO?The allotment date for the OnEMI Technology IPO is 06 May 2026.
- What is the listing date for the OnEMI Technology IPO?The listing date for the OnEMI Technology IPO is 08 May 2026.
- What is the OnEMI Technology IPO grey market premium?The grey market premium (GMP) for the OnEMI Technology IPO is currently at ₹18, with an expected listing gain of approximately 10.53%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.