OnEMI Technology Solutions Ltd.
OnEMIMainboard
Ask IPO
Overview
OnEMI Technology Solutions Ltd., operating under the brand Kissht, is a technology-enabled lending platform in India focused on the mass-market segment. Founded in 2016, the company offers digital personal loans and loans against property through its mobile application, leveraging advanced AI and machine learning for rapid credit assessment and disbursal. As of December 2025, Kissht had over 11 million customers and an Assets Under Management (AUM) of ₹5,955.75 crores, catering to young, digitally-savvy individuals who are often underserved by traditional financial institutions.
Opening Date
Apr 30, 2026
Closing Date
May 05, 2026
Listing Date
May 08, 2026
IPO Type
Mainboard
IPO Status
Open
Issue Size
850 Cr
Fresh Issue
850 Cr
Offer for Sale
0 Cr
Price Band
—
Lot Size
—
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
IPO Objective
Key Performance Indicator
P/E Ratio
—
EPS
13.52
ROE
23.51%
ROCE
—
RONW
21.18%
Debt to Equity Ratio
—
PAT Margin
12.58%
EBITDA Margin
30.84%
P/B
—
SWOT Analysis
Strengths
- •
Large and growing customer base acquired through a diversified multi-channel strategy.
- •
Advanced, data-driven risk management using proprietary AI and ML models.
- •
Access to diversified and scalable funding sources, including on-book and off-book lending.
- •
Scalable, cloud-native technology platform integrated across all key business functions.
Weaknesses
- •
History of negative cash flows from operating activities in recent years.
- •
A significant decline in revenue and profit in Fiscal 2025 compared to Fiscal 2024.
- •
Lack of experience as a publicly-listed company, which may strain resources.
- •
High dependency on technology platforms, making it vulnerable to system failures.
Opportunities
- •
Significant under-penetration of retail credit in India offers substantial growth headroom.
- •
Growing and underserved mass-market segment provides a large target customer base.
- •
Rapid growth of digital lending is projected to outpace traditional credit channels.
- •
Expansion into secured lending (LAP) and other financial services like insurance.
Threats
- •
Intense competition from other digital lenders, traditional banks, and NBFCs.
- •
Evolving and uncertain regulatory landscape for the digital lending sector in India.
- •
Macroeconomic volatility affecting borrower creditworthiness and demand for loans.
- •
Global economic instability can impact Indian financial markets and funding access.
Subscription Rate
Frequently Asked Questions about OnEMI Technology Solutions Ltd.
OnEMI Technology Solutions Ltd., operating under the brand Kissht, is a technology-enabled lending platform in India focused on the mass-market segment. Founded in 2016, the company offers digital personal loans and loans against property through its mobile application, leveraging advanced AI and machine learning for rapid credit assessment and disbursal. As of December 2025, Kissht had over 11 million customers and an Assets Under Management (AUM) of ₹5,955.75 crores, catering to young, digitally-savvy individuals who are often underserved by traditional financial institutions.
The OnEMI Technology Solutions Ltd. IPO is scheduled to open for subscription on Apr 30, 2026 and close on May 05, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the OnEMI Technology Solutions Ltd. IPO is yet to be announced. Investors can place bids within this range once the issue opens.
The minimum lot size for the OnEMI Technology Solutions Ltd. IPO is yet to be announced shares. The minimum investment amount will be known once the price band is finalized.
The total issue size of the OnEMI Technology Solutions Ltd. IPO is approximately ₹850.00. Issue size represents the total value of shares offered to the public.
As per the latest available information, the OnEMI Technology Solutions Ltd. IPO has been subscribed data will be available once the issue opens. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the OnEMI Technology Solutions Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of OnEMI Technology Solutions Ltd. are expected to list on stock exchanges on May 08, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the OnEMI Technology Solutions Ltd. IPO are proposed to be used for general corporate purposes and business expansion.
Before applying for the OnEMI Technology Solutions Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
