Onemi Technology Solutions IPO: Check Subscription Status & Key Highlights


The Onemi Technology Solutions IPO opened for subscription on April 30, 2026, and closes on May 5, 2026. It is a book-built issue worth ₹925.92 crores, combining a fresh issue of ₹850 crores and an offer for sale of ₹75.92 crores. The IPO is set at a price band of ₹162–₹171 per share, with a lot size of 87 shares.

Tracking the IPO subscription status daily helps investors understand demand across investor categories, retail, NII, and QIB, and make better-informed investment decisions.

Onemi Technology Solutions IPO Day 1 Subscription Status

On Day 1 of the subscription period (April 30, 2026), the Onemi Technology Solutions IPO received an encouraging initial response, especially from institutional investors. The QIB category led the early momentum. Retail participation remained modest on Day 1.

Day-Wise Subscription Status Table:

Category

Shares Offered

Shares Bid For (Day 2)

Subscription (x)

QIB (Ex. Anchor)

1,08,29,478

1,63,59,306

1.51x

NII (Total)

81,22,109

42,82,227

0.53x

— bNII (> ₹10L)

54,14,739

35,73,873

0.66x

— sNII (< ₹10L)

27,07,370

7,08,354

0.26x

Retail

1,89,51,587

32,83,641

0.17x

Total

3,79,03,174

2,39,25,174

0.63x

Status as of May 4, 2026 (Day 2): Total subscription stands at 0.63x with 31,113 total applications received.

Onemi Technology Solutions – IPO Details

Onemi Technology Solutions Limited, incorporated in 2016, is a technology-enabled NBFC lender operating under the brand names Kissht (digital lending) and Ring (payments app).

The company serves over 63.73 million registered users as of December 31, 2025, with an AUM of ₹59,557.53 million. Its NBFC subsidiary, Si Creva Capital Services, manages loan disbursement, KYC, and EMI collections across its product portfolio.

Key IPO Details at a Glance:

Parameter

Details

IPO Open Date

April 30, 2026

IPO Close Date

May 5, 2026

Price Band

₹162 – ₹171 per share

Face Value

₹1 per share

Lot Size

87 shares

Issue Size

₹925.92 crores

Fresh Issue

₹850 crores (4,97,07,602 shares)

Offer for Sale

₹75.92 crores (44,39,788 shares)

Listing Exchange

BSE & NSE

Tentative Listing Date

May 8, 2026

Registrar

Kfin Technologies Ltd.

Lead Manager

JM Financial Ltd. & Others

IPO Important Dates:

Event

Date

Anchor Investor Date

April 29, 2026

IPO Open

April 30, 2026

IPO Close

May 5, 2026

Allotment

May 6, 2026

Refund Initiation

May 7, 2026

Credit of Shares

May 7, 2026

Listing

May 8, 2026

Lot Size & Investment Amount:

Investor Category

Lots

Shares

Amount (₹)

Retail (Minimum)

1

87

₹14,877

Retail (Maximum)

13

1,131

₹1,93,401

S-HNI (Minimum)

14

1,218

₹2,08,278

S-HNI (Maximum)

67

5,829

₹9,96,759

B-HNI (Minimum)

68

5,916

₹10,11,636

Utilisation of Proceeds

The net proceeds from the fresh issue of ₹850 crores are proposed to be utilised as follows:

  • ₹637.50 crores will be used to augment the capital base of its NBFC subsidiary, Si Creva Capital Services, to support the growth of its lending business and meet future capital requirements.

  • The remaining amount will be directed towards General Corporate Purposes, which may include operational expenses, technology investments, and other business needs.

  • The Offer for Sale (OFS) proceeds of ₹75.92 crores will go entirely to the selling shareholders and will not be received by the company.

  • No proceeds are earmarked for acquisitions, debt repayment, or other specific capital expenditures at this stage.

Onemi Technology Solutions IPO Anchor Investor Allocation

Onemi Technology Solutions raised ₹277.78 crores from anchor investors on April 29, 2026, ahead of the public subscription opening. A total of 1,62,44,216 shares were allotted to anchor investors at the upper price band of ₹171 per share.

Parameter

Details

Anchor Bid Date

April 29, 2026

Shares Offered to Anchors

1,62,44,216

Anchor Allocation Amount

₹277.78 crores

Anchor Lock-in (50% shares)

Until June 5, 2026 (30 days)

Anchor Lock-in (remaining 50%)

Until August 4, 2026 (90 days)

Click here to check out recently closed IPO

Conclusion

Onemi Technology Solutions IPO presents an opportunity to invest in India's growing digital lending space, backed by a large customer base of 63.73 million registered users and strong financials. The QIB category has already crossed full subscription by Day 2, reflecting institutional confidence, while retail and NII participation is building gradually.

As with any IPO, investors should weigh the strengths — scalable AI-driven technology, diversified product portfolio, experienced leadership — against key risks such as the ~94% unsecured loan book and significant contingent liabilities exceeding ₹1,790 crores as of December 31, 2025. Well-informed investors with a medium-to-long-term horizon may consider this issue at the current valuation.

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

Published Date : 04 May 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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