Kissht (OnEMI Technology) IPO – Balanced Analyst View
As an investor analyst reviewing the OnEMI Technology Solutions IPO (Kissht), here's what stands out from a quick RHP scan.
Key Financial Highlights:
AUM: 5,532.78 crore (9M FY25) – strong 80% CAGR trajectory
PAT: 199. (9M FY25) – consistently profitable
ROE: 23.5% – capital efficient vs fintech peers
IPO Details
Price: ₹162-171/share | Lot: 87 shares
Open: Apr 30 - May 5, 2026 | List: May 8 (NSE/BSE)
Why It Works
✅ Profitable fintech (rare in India)
✅ Clean balance sheet beats most peers
✅ Digital lending tailwinds intact
✅ Attractive listing setup
Watch Points
Unsecured lending exposure
Regulatory shifts in digital credit
My Take
Solid apply for growth investors. Strong risk/reward vs 2026 fintech batch. Monitor subscription + GMP for conviction.
Listing gains likely. Long-term depends on disbursement momentum.
Your strategy? Full lot or partial?