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OnEMI Technology IPO
Price Band
₹162.0–171.0
Issue Size
₹925.92 Cr
Lot Size
87 shares
Min Investment
₹14,877
GMP
+₹18.0 (10.53%)
Issue Price
₹171.0
OnEMI Technology IPO AI Summary
- OnEMI Technology IPO is listed on BSE, NSE in the Other Financial Services sector.
- Price band: ₹162.0–₹171.0 per share, lot size 87 shares (min. investment ₹14,877).
- Subscription window: 30 Apr–05 May 2026, listing on 08 May 2026.
- Current GMP is +₹18.0 (10.53%), an estimated listing price of ₹189 — unofficial and can change daily.
OnEMI Technology is a digital lender with a strong customer base and innovative technology solutions. The company is seeking to raise funds through its IPO to support its growth and operational needs. Investors should consider the associated risks and market conditions before participating.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
Subscription data unavailable
OnEMI Technology IPO Grey Market Premium (GMP) Today
GMP
+₹18.0
GMP %
+10.53%
Est. Listing
₹189.0
Updated: 14 Jul 2026 15:52
About the Company
Incorporated on 18 June 2016, OnEMI Technology Solutions Private Limited technology-enabled lender in India, primarily offering digital loans through its mobile application for various consumption and business needs. The company operating under the brand names Kissht (digital lending platform) and Ring (payments app), OnEMI empowers online and offline merchants with seamless consumer credit solutions and EMI-based payments. Its NBFC partner, Si Creva Capital Services, handles loan disbursement, KYC, and EMI collections As of March 31, 2025, we had 53.23 million registered users and served 9.16 million customers, along with a Play Store rating of 4.6 stars based on over 1.00 million user reviews and a net promoter score of 91. Products: Personal loans: Offered to salaried and selfemployed individuals for various consumption and business needs Loan against property: Offered to asset-owning MSME and salaried individual seeking long term loans for business expansion and working capital needs. As of March 31, 2025, the company had 1,278 permanent employees. Competitve Strengths: Large customer base acquired through a diversified multi-channel acquisition strategy Driving asset quality through advanced and comprehensive risk management Access to diversified and scalable funding sources Scalable, cloud-native and AI-built technology platform integrated across all key functions Experienced founders and leadership, backed by marquee investors
Company Financials (₹ Cr)
As of 2025-12-31
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 3,568.78 | 2,701.10 | 1,796.53 | 1,275.20 |
| Total Income | 1,583.93 | 1,352.69 | 1,700.30 | 1,001.51 |
| Profit After Tax | 199.27 | 160.62 | 197.29 | 27.67 |
| EBITDA | 488.45 | 403.37 | 358.96 | 97.71 |
| NET Worth | 1,254.34 | 1,005.99 | 804.57 | 566.23 |
| Reserves and Surplus | 1,242.32 | 995.32 | 794.50 | 556.17 |
| Total Borrowing | 2,047.52 | 1,507.58 | 784.30 | 387.89 |
Key Ratios
EPS
₹13.52
NAV
₹187.58
ROE
17.74%
RoNW
15.97%
P/B Value
0.91
P/E Ratio
12.65
Market Cap
₹2881.06 Cr
Debt/Equity
1.50
Promoters
Ranvir Singh and Krishnan Vishwanathan
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Augmenting the capital base of Subsidiary, Si Creva, to meet its future capital requirements arising out of the growth of Subsidiary, Si Crevas, business 637.50 2 General Corporate Purposes 156.59 3 Issue Expenses 60.91 Total 855.00
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total Income was ₹1,001.51 Cr in the period ending March 31, 2023, increasing to ₹1,700.30 Cr by March 31, 2024. However, it subsequently decreased to ₹1,352.69 Cr by March 31, 2025, and further rose to ₹1,583.93 Cr by December 31, 2025. This indicates a fluctuating revenue trend over the periods.
Profit Trend
Profit After Tax was ₹27.67 Cr in the period ending March 31, 2023, which rose significantly to ₹197.29 Cr by March 31, 2024. It then increased to ₹160.62 Cr by March 31, 2025, before reaching ₹199.27 Cr by December 31, 2025. This shows a general upward trend in profitability over the periods.
Grey Market Premium, Explained
The Grey Market Premium (GMP) refers to the estimated premium at which shares of an IPO are traded in the grey market before they are officially listed on the stock exchange. It is an informal market and can give investors an idea of the expected listing price compared to the issue price.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's business model, market position, and financial performance.
Who May Want to Wait
Investors with a low risk appetite or those seeking guaranteed returns may want to avoid IPOs like this, as they can be subject to market fluctuations and uncertainties.
IPO Timeline, Explained
The IPO opens for subscription on April 30, 2026, and closes on May 5, 2026. Allotment of shares will be done on May 6, 2026, with the listing date set for May 8, 2026.
Listing Gains — The Risk
Listing-day gains can be unpredictable and depend on various factors, including market sentiment and demand for the stock. Investors should be aware that while some IPOs may experience a surge in price on listing day, others may not perform as expected, leading to potential losses.
This evaluation is generated from OnEMI Technology's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is OnEMI Technology IPO GMP today?
OnEMI Technology IPO GMP today is +₹18.0 (10.53%), indicating an estimated listing price of ₹189. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of OnEMI Technology IPO?
The price band of OnEMI Technology IPO is ₹162.0–₹171.0 per share.
When does OnEMI Technology IPO open and close?
OnEMI Technology IPO opens on 30 April 2026 and closes on 05 May 2026.
When does OnEMI Technology IPO list on the stock exchange?
OnEMI Technology IPO listed on 08 May 2026 at ₹189.0.
What is the lot size for OnEMI Technology IPO?
The lot size for OnEMI Technology IPO is 87 shares, requiring a minimum investment of ₹14,877.
What is the price band for the OnEMI IPO?
The price band for the OnEMI IPO is ₹162.0 to ₹171.0.
What is the minimum investment required?
The minimum investment required is ₹14,877.00.
What is the lot size for the OnEMI IPO?
The lot size for the OnEMI IPO is 87 shares.
When does the OnEMI IPO open and close?
The OnEMI IPO opens on April 30, 2026, and closes on May 5, 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium at which the IPO shares might trade in the grey market before listing.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
30 Apr 2026
Close
05 May 2026
Allotment
06 May 2026
Listing
08 May 2026
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