OnEMI Technology Makes Positive Market Debut
OnEMI Technology Solutions, which operates the digital lending platform Kissht, entered the stock market with a strong listing performance on Friday. Shares of the company debuted at a premium on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), reflecting positive investor sentiment towards the fintech-focused business.
The listing comes after the company concluded its initial public offering earlier this month, which had generated considerable interest among investors across categories.
Shares Open Higher Than IPO Price
On the BSE, shares of OnEMI Technology Solutions opened at ₹191 per share, compared to the IPO issue price of ₹171. This represented a listing premium of nearly 11.7%.
Similarly, on the NSE, the stock debuted at ₹190 per share, translating into gains of around 11.1% over the upper end of the issue price band.
Following the listing, the company’s market valuation crossed approximately ₹3,200 crore, placing it among the growing group of listed fintech and digital lending companies in India.
IPO Attracted Strong Investor Participation
The company’s public issue, valued at ₹926 crore, remained open for subscription between April 30 and May 5, 2026. During the bidding period, the IPO received strong demand and was subscribed around 9.5 times overall.
The healthy subscription reflected broad participation from various investor categories, including institutional investors, retail investors, and non-institutional participants.
Before the IPO opened for public bidding, the company had also raised nearly ₹278 crore from anchor investors, further strengthening confidence around the issue.
The price band for the offering had been fixed between ₹162 and ₹171 per share.
IPO Proceeds to Support Lending Business
According to the company, a significant portion of the funds raised through the IPO will be used to strengthen the financial position of its subsidiary, Si Creva.
The additional capital is expected to support future lending requirements, operational expansion, and overall business growth initiatives. Part of the proceeds will also be used for general corporate purposes.
The capital infusion is aimed at supporting the company’s long-term plans within the digital lending and consumer finance space.
Focus on Digital Lending and Consumer Credit
Founded in 2016, OnEMI Technology Solutions operates Kissht, a technology-based lending platform that offers digital credit solutions to consumers.
The platform focuses primarily on improving access to financing for mass-market consumers through fully digital lending processes. It provides various credit products and financing services using technology-driven underwriting and distribution systems.
Digital lending platforms have continued to witness growing adoption as consumers increasingly shift toward app-based financial services and quick-access credit solutions.
Fintech Sector Continues to Draw Market Attention
The successful listing of OnEMI Technology Solutions reflects sustained investor interest in India’s expanding fintech and digital lending sector.
Technology-led lending platforms have increasingly become a key part of the broader financial services ecosystem, particularly in segments focused on consumer financing and digital payments.
Market participants continue to closely track fintech businesses as they expand their presence across lending, credit access, and financial inclusion segments.
Conclusion
OnEMI Technology Solutions started its stock market journey on a positive note with shares listing at a healthy premium on both NSE and BSE. Strong investor participation during the IPO and positive listing gains highlight continued interest in technology-driven lending businesses. With plans to strengthen its lending operations and expand digitally focused financial services, the company enters the public market amid growing momentum in India’s fintech sector.
Summary
OnEMI Technology Solutions, the parent company of digital lending platform Kissht, made a positive debut on the stock exchanges with shares listing above the IPO issue price on both NSE and BSE. The company’s stock opened at around ₹190–191 against the issue price of ₹171, delivering listing gains of more than 11%. The ₹926-crore IPO witnessed healthy investor participation and was subscribed multiple times during the bidding period. The company plans to utilise the proceeds mainly to strengthen the capital base of its lending subsidiary and support future operational growth. The successful listing highlights continued market interest in technology-driven lending and fintech businesses.
Disclaimer:
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