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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.
Monitoring the daily subscription status helps investors track demand across investor categories — retail, NII, and QIB. As of Day 3 (May 5, 2026), the IPO is subscribed 9.96 times overall, with QIB (Ex Anchor) at 25.97x, NII at 6.90x, and retail at 2.13x.
On Day 3 of the subscription period (May 5, 2026), the Onemi Technology Solutions IPO closed with a total subscription of 9.96 times. The QIB category recorded the highest subscription among all categories.
Day-Wise Subscription Status Table:
Category | Subscription (x) | Shares Offered | Shares Bid For | Total Amt (₹ Cr.) |
Anchor | 1.00 | 1,62,44,216 | 1,62,44,216 | 277.776 |
QIB (Ex Anchor) | 25.97 | 1,08,29,478 | 28,12,22,802 | 4,808.910 |
NII | 6.90 | 81,22,109 | 5,60,81,766 | 958.998 |
— bNII (> ₹10L) | 8.59 | 54,14,739 | 4,65,23,685 | 795.555 |
— sNII (< ₹10L) | 3.53 | 27,07,370 | 95,58,081 | 163.443 |
Retail | 2.13 | 1,89,51,587 | 4,03,61,562 | 690.183 |
Total | 9.96 | 3,79,03,174 | 37,76,66,130 | 6,458.091 |
Status as of May 5, 2026 (Day 3 — Final): Total subscription stands at 9.96x with 1,53,434 total applications received.
Note: Shares Offered and Total Amount are calculated based on the upper price of the issue price range. The anchor investor portion is not included in the total shares offered.
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.
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 |
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 |
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 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
Onemi Technology Solutions IPO closed on May 5, 2026, with a total subscription of 9.96 times. The QIB (Ex Anchor) category was subscribed 25.97 times, NII at 6.90 times, and Retail at 2.13 times, with 1,53,434 total applications received.
Investors should note the key risks — including the ~94% unsecured loan book and contingent liabilities exceeding ₹1,790 crores as of December 31, 2025, alongside the company's financials and business model before making any investment decision. The allotment is expected to be finalised on May 6, 2026, and listing on May 8, 2026.
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