OnEMI Technology Solutions, the parent company of digital lending platform Kissht, made its stock market debut on Friday with shares listing at a premium to the issue price on both the NSE and BSE.
The company’s initial public offering (IPO), which opened between 30 April and 5 May, received notable interest from investors and was subscribed multiple times during the bidding period.
Shares of OnEMI Technology Solutions opened at ₹191 on the BSE against the IPO issue price of ₹171 per share, representing a premium of around 11.7%. Following the listing, the company’s market capitalisation stood at approximately ₹3,218 crore.
On the NSE, the stock debuted at ₹190 per share, translating to a listing gain of nearly 11.1% compared to the upper end of the issue price band.
The ₹926-crore public issue attracted steady participation from investors during the subscription window. The IPO was subscribed around 9.5 times overall, indicating broad interest across investor categories.
Ahead of the public offering, the company had also secured about ₹278 crore from anchor investors. The IPO price band had been fixed between ₹162 and ₹171 per share.
According to the company, the proceeds from the fresh issue will mainly be used to strengthen the capital base of its subsidiary, Si Creva. The funds are expected to support future financing requirements and operational growth.
Part of the proceeds will also be allocated towards general corporate purposes.
Founded in 2016, OnEMI Technology Solutions operates Kissht, a digital lending platform focused on providing credit solutions to consumers, particularly within the mass-market segment.
The platform offers digital financing services aimed at improving access to credit through technology-based lending processes.
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OnEMI Technology Solutions began its market journey with shares listing above the IPO price on both major exchanges. The listing follows healthy subscription demand during the public issue and reflects investor interest in digital lending businesses.
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Published on: May 8, 2026, 11:01 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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