How to Apply for the OnEMI Technology Solutions Limited IPO: Step-by-Step Investment Guide

Summary:


OnEMI Technology Solutions Limited is a technology-enabled platform offering digital lending services in India. The IPO is scheduled to open on April 30, 2026 and close on May 5, 2026, with a price band of ₹162 to ₹171 per share. The issue comprises 5,41,47,391 shares aggregating to ₹925.92 crore, with a lot size of 87 shares and proposed listing on BSE and NSE.

OnEMI Technology Solutions Limited operates as a technology-enabled platform that facilitates digital lending services in India. Through its applications, it connects borrowers with credit solutions designed for personal and business-related requirements. The company’s offerings are delivered through a digital interface, covering processes such as customer onboarding, credit evaluation, and loan servicing. Its operations are supported by partnerships with regulated financial entities that undertake activities such as loan disbursement, compliance checks, and repayment management. The company’s core business focuses on providing access to credit through a fully digital framework, catering to individuals and small businesses across online and offline ecosystems. Its platforms also enable merchants to offer EMI-based payment options to customers. The business model is structured around integrating technology with financial services to streamline credit delivery. Within the broader digital lending segment, the company positions itself as a platform facilitating access to credit for users who engage with digital channels for financial transactions.

Investors can apply for the IPO through an online trading account linked with a bank account that supports ASBA (Application Supported by Blocked Amount). After logging into the trading platform, the IPO section can be accessed to view the issue details. Applicants are required to select the company name, choose the bid quantity within the specified lot size, and enter the bid price within the announced price band. Once the bid is submitted, the corresponding application amount is blocked in the investor’s bank account until the allotment process is completed. Alternatively, applications can be made through net banking services provided by authorised banks under the ASBA facility. Investors need to navigate to the IPO section within their banking portal, select the relevant IPO, and submit the bid details. Upon submission, the application amount remains blocked until shares are allotted or the application is withdrawn. The process is subject to regulatory guidelines, and investors are required to ensure that all details entered during the application are accurate and complete. 

For more details, visit the OnEMI Technology Solutions Limited IPO page.

OnEMI Technology Solutions Limited IPO Details and Objectives

Details

Information

IPO Date

Apr 30, 2026 to May 5, 2026

Issue Size

5,41,47,391 shares (agg. up to ₹925.92 Cr)

Price Band

₹162 to ₹171 per share

Lot Size

87 shares

Listing At

BSE, NSE

Purpose of the IPO

  • Augmenting the capital base of the Subsidiary, Si Creva, to meet its future capital requirements arising out of the growth of the Subsidiary, Si Creva’s, business

  • General corporate purposes 

Timeline of OnEMI Technology Solutions Limited IPO

Event

Date

IPO Open Date

Thu, Apr 30, 2026

IPO Close Date

Tue, May 5, 2026

Tentative Allotment

Wed, May 6, 2026

Initiation of Refunds

Thu, May 7, 2026

Credit of Shares to Demat

Thu, May 7, 2026

Tentative Listing Date

Fri, May 8, 2026

Cut-off time for UPI mandate confirmation

5 PM on Tue, May 5, 2026

Pricing & Lot Size of OnEMI Technology Solutions Limited IPO

Price Band for the IPO

  • ₹162 to ₹171 per share

Minimum Lot Size and Application Details

Application

Lots

Shares

Amount

Retail (Min)

1

87

₹14,877

Retail (Max)

13

1,131

₹1,93,401

S-HNI (Min)

14

1,218

₹2,08,278

S-HNI (Max)

67

5,829

₹9,96,759

B-HNI (Min)

68

5,916

₹10,11,636

OnEMI Technology Solutions Limited IPO Application Process

The OnEMI Technology Solutions Limited IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:

Step 1: Login to Your Trading Platform

Access your trading account using the trading platform.

Step 2: Navigate to the IPO Section

Go to the IPO section to view active IPO listings.

Step 3: Select the Open IPO and Click Apply

Locate OnEMI Technology Solutions Limited IPO in the list of available IPOs and click the ‘Apply’ button.

Step 4: Enter the Quantity of Shares You Wish to Apply For

Specify the number of shares (lot size: 87 shares) within the price band of ₹162 to ₹171 per share.

Step 5: Provide Your UPI ID

Enter your UPI ID for payment authorisation and ensure sufficient funds in your bank account.

Step 6: Confirm the Application

Review your application details and confirm the UPI mandate before 5 PM on the last application day.

Step 7: Complete the Process and Wait for IPO Allotment Status

Submit the application and monitor the allotment status to check if shares have been allocated to you.

Shares Offered in OnEMI Technology Solutions IPO

The allocation of shares in the OnEMI Technology Solutions IPO is structured across investor categories in line with applicable regulatory requirements. The issue provides defined reservations for qualified institutional buyers, non-institutional investors, and retail individual investors, with each category allotted a specified proportion of the net issue. This allocation framework outlines how the shares offered are distributed among different classes of investors.

Investor Category

Shares Offered

Anchor Investors

1,62,44,217 (30.00%)

Non-Institutional Investor

81,22,109 (15.00%)

Qualified Institutional Buyers

1,08,29,478 (20.00%)

Retail Individual Investor

1,89,51,587 (35.00%)

Total Shares Offered

5,41,47,391 (100.00%)

This reservation structure reflects the categorisation and allocation approach disclosed for the issue, indicating the proportion of shares available to each investor segment.

Financial Health and Performance

Key Financial Metrics

  • Total Assets: Grew from ₹1,275.20 crore in FY23 to ₹2,701.10 crore as of March 2025.

  • Total Income: Recorded at ₹1,352.69 crore in March 2025, as compared to ₹1,001.51 crore in FY23.

  • Profit After Tax (PAT): Reported at ₹160.62 crore in March 2025, and ₹27.67 crore in FY23.

  • Net Worth: Recorded at ₹1,005.99 crore in March 2025 compared to ₹566.23 crore in FY23.

  • Reserves & Surplus: Stood at ₹995.32 crore in March 2025, as compared to ₹556.17 crore in FY23.

  • Total Borrowings: Stood at ₹1,507.58 crore in March 2025, as compared to ₹387.89 crore in FY23.

  • EBITDA: Stood at ₹403.37 crore in March 2025 in comparison to ₹97.71 crore in FY23.

Recent Performance and Growth Prospects

  • The company has shown an expansion in its overall asset base over the observed period, indicating an increase in operational scale and deployment of resources across its business activities.

  • Income levels have increased alongside business growth, reflecting higher revenue generation from its lending and related operations.

  • Profitability has improved over time, supported by an increase in earnings after accounting for expenses, which reflects changes in operational performance.

  • The company’s net worth and internal reserves have strengthened, indicating an accumulation of retained earnings and a broader capital base to support ongoing activities.

  • Operating performance, as reflected through earnings before interest, tax, depreciation, and amortisation, has shown an upward movement, suggesting changes in operating efficiency.

  • Borrowings have also increased during the same period, indicating a higher reliance on external funding sources to support business expansion. 

Investment Risks and Opportunities

Potential Risks of Investing in the IPO

  • The business model involves reliance on external funding to support lending activities, and an increase in borrowings may lead to higher financial obligations and repayment commitments under varying market conditions.

  • Operations in the digital lending segment are subject to regulatory frameworks and compliance requirements, which may evolve over time and influence processes such as credit assessment, customer onboarding, and loan servicing.

Opportunities and Growth Potential

  • The company’s technology-driven lending platform and digital-first approach may support expansion across customer segments, including individuals and small businesses seeking access to credit through online channels.

  • Increasing adoption of digital financial services and EMI-based payment solutions among merchants and consumers may provide scope for wider platform usage and business scalability within the lending ecosystem. 

 

Key Performance Indicator (KPI)

KPI

Dec 31, 2025

Mar 31, 2025

ROE

23.51%

17.74%

Debt/Equity

1.63

1.50

RoNW

21.18%

15.97%

Price to Book Value

-

0.91

OnEMI Technology Solutions Limited IPO Registrar & Lead Managers

Registrar

Lead Manager(s)

Kfin Technologies Ltd.

JM Financial Ltd., HSBC Securities & Capital Markets (India) Pvt.Ltd., Nuvama Wealth Management Ltd., SBI Capital Markets Ltd., Centrum Capital Ltd.  

Company Address of OnEMI Technology Solutions Limited

10th Floor,

Tower 4,

Equinox Park, LBS Marg, Kurla (West),

Mumbai, Maharashtra, 400070

Phone: +91 22 6947 5600

Email: compliance@kissht.com

Website: https://www.kissht.com/

Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your OnEMI Technology Solutions IPO allotment status.

Frequently Asked Questions

Published Date : 29 Apr 2026

Disclaimer :

Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.


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Content Partner - Dalal Street Investment Journal Wealth Advisory Private Limited



This article is for educational purposes only and should not be considered investment advice. Market investments are subject to risks. DSIJ Wealth Advisory Private Limited is a SEBI-registered Research Analyst (Reg. No: INH000006396) and Investment Adviser (Reg. No: INA000001142). Please consult your financial adviser before investing. 

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