The issue generated a demand of close to Rs 6,458 crore
FinTech BizNews Service
Mumbai, May 05, 2026: The Initial Public Offering of OnEMI Technology Solutions Limited's (Kissht) was subscribed 9.5 times on the final day of bidding
The issue received bids of 37,76,62,128 equity shares against the offered 3,97,62,250 equity shares, according to data available on the stock exchanges.
Qualified Institutional Buyers (QIB) and Retail Portion were subscribed 24.87 times and 2.03 times, respectively. Non-Institutional Investors (NII) Portion was subscribed 6.57 times.
Company Information
The company is a technology-enabled lender in India, primarily offering digital loans through its mobile application for various consumption and business needs. It provides swift, accessible and personalized credit solutions to support its customers throughout their financial journey.
The company is focused on young individuals within the mass market segment, which according to the 1Lattice Report, represents India’s emerging middle class and is aspirational, digitally connected and underpenetrated in credit. As of December 31, 2025, the company had 63.73 million registered users and served 11.17 million customers along with a net promoter score of 95.
The company maintains a highly granular loan book with over 2.87 million active customers and Rs59,557.53 million in assets under management (AUM) as of December 31, 2025. In the nine months ended December 31, 2025, its customers had an average age of 32 years and a median CIBIL score of 746. Further, during the nine months ended December 31, 2025, 67.65% of its customers earned monthly incomes ranging between Rs25,000 to Rs75,000, and 63.38% of its customers resided in the top 50 cities in India.
The table below shows subscription data for all the categories of investors:
https://www.bseindia.com/markets/publicissues/cummdemandschedule?ID=7706&status=L
Onemi Technology Solutions Limited | ||||
Sr.No. | Category | No.of shares offered/reserved | No. of shares bid for | No. of times of total meant for the category |
1 | Qualified Institutional Buyers (QIBs) | 1,13,07,787 | 28,12,22,802 | 24.87 |
1(a) | Foreign Institutional Investors (FIIs) | - | 7,36,56,114 | - |
1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | - | 3,36,70,827 | - |
1(c) | Mutual Funds | - | 4,61,40,276 | - |
1(D) | Others | - | 12,77,55,585 | - |
2 | Non Institutional Investors(NIIS) | 85,36,339 | 5,60,81,766 | 6.57 |
2.1 | Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 56,90,893 | 4,65,23,685 | 8.18 |
2.1(a) | Corporates | - | 29,17,545 | - |
2.1(b) | Individuals (Other than RIIs) | - | 4,09,64,820 | - |
2.1(c) | Others | - | 26,41,320 | - |
2.2 | Non Institutional Investors(Bid amount of more than Two Lakh Rupees and upto 10 lakh rupees) | 28,45,446 | 95,58,081 | 3.36 |
2.2(a) | Corporates | - | 24,969 | - |
2.2(b) | Individuals (Other than RIIs) | - | 93,11,871 | - |
2.2(c) | Others | - | 2,21,241 | - |
3 | Retail Individual Investors (RIIs) | 1,99,18,124 | 4,03,57,560 | 2.03 |
3(a) | Cut Off | - | 2,98,92,765 | - |
3(b) | Price Bids | - | 1,04,64,795 | - |
4 | Employee Reserved | - | - | - |
4(a) | Employee (Cut off) | - | - | - |
4(b) | Employee (Price) | - | - | - |
5 | Reservation PortionShareholder | - | - | - |
5(a) | RPS (Cut off) | - | - | - |
5(b) | RPS (Price) | - | - | - |
| Total | 3,97,62,250 | 37,76,62,128 | 9.5 |
