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

    Frequently Asked Questions

    Disclaimer :

    Investments in 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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    Publish Date: 29 Apr 2026

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