OnEMI Technology Solutions (Kissht) IPO quick breakdown with a few key numbers
Came across the OnEMI Technology Solutions IPO and did a quick read-through.
The company operates in digital lending through platforms like Kissht, and from what I can see, it’s not an early-stage setup it already has an active lending base.
A few numbers that give some context:
- Around ₹637 crore from the issue is planned for strengthening the lending subsidiary
- About ₹278 crore was raised from anchor investors before opening
- Price band is ₹162–171 per share
Not going deep into too many metrics, but these give a rough idea of how the issue is structured and where the focus is.
The use of funds seems directed toward expanding lending capacity, which is basically the core driver for this kind of business.
At a high level, it looks like a platform that’s already operating in the market and now raising capital to scale further.
If anyone here has tracked similar fintech IPOs before, would be interesting to know how you’re looking at this one.