MainboardNSEFintechCLOSED

Kissht IPO

₹162 – ₹162 · Issue Size ₹926 Cr

IPO Overview

StatusClosed
Price Band₹162 – ₹162
Issue Size₹926 Cr
Lot Size87 shares
Min Investment₹14,877
Face Value₹1
Issue Structure
Fresh Issue₹850 Cr
Offer for Sale₹44,39,788 Cr
Total Size₹926 Cr

Business Model

Competitive Advantages
  • Some of the information presented below relating to our Company is derived from the Restated Consolidated Financial
  • Information. For details, see "Restated Consolidated Financial Information" and "Other Financial Information" beginning on
  • Some of the quantitative factors which form the basis for computing the Offer Price are as follows:
  • A. Basic and Diluted Earnings per equity share (face value of each Equity Share is ₹1):
  • Fiscal/Period ended Basic EPS (in ₹) Diluted EPS (in ₹) Weight
  • March 31, 2025 33.09 12.79 3
  • March 31, 2024 41.27 15.54 2

IPO Timeline

Open Date30 May 2026
Close Date5 May 2026
Allotment6 May 2026
Refund7 May 2026
Credit to Demat7 May 2026
Listing Date8 May 2026

Objects of the Issue

The Offer comprises a fresh issue of up to Equity Shares, aggregating up to ₹8,500.00 million by the company and an offer for sale of up to 4,439,788 Equity Shares, aggregating up to ₹ million by the Selling Shareholders. Offer for Sale The object of the Offer for Sale is to allow the Selling Shareholders to sell an aggregate of up to 4,439,788 Equity Shares having face value of ₹ 1 each aggregating up to ₹ million held by them. Each of the Selling Shareholders shall be entitled to the proceeds

PurposeAmount
The Offer comprises a fresh issue of up to Equity Shares, aggregating up to by the company and an offer₹850 Cr
Accordingly, we propose to utilise of the Net Proceeds towards investing in our Subsidiary, Si Creva,₹637.5 Cr

Subscription Status

Total Subscription15.60x
Retail (RII)8.20x
NII / HNI12.50x
QIB22.10x

Risk Factors

HSBC Securities andlow

Capital Markets (India) Private Limited Harsh Thakkar / Harshit

ANCHOR INVESTOR BIDDING DATE Wednesday, April 29, 2026low

Strengths & Weaknesses

Strengths

  • Some of the information presented below relating to our Company is derived from the Restated Consolidated Financial
  • Information. For details, see "Restated Consolidated Financial Information" and "Other Financial Information" beginning on
  • Some of the quantitative factors which form the basis for computing the Offer Price are as follows:
  • A. Basic and Diluted Earnings per equity share (face value of each Equity Share is ₹1):
  • Fiscal/Period ended Basic EPS (in ₹) Diluted EPS (in ₹) Weight
  • March 31, 2025 33.09 12.79 3
  • March 31, 2024 41.27 15.54 2

Weaknesses

  • !HSBC Securities and

Management & Promoters

K
Krishnan VishwanathanChief Financial Officer

Shareholding Pattern

Pre-IPO
Category%
Public31%

Pre-IPO Financials

PeriodRevenue (Cr)PAT (Cr)Net Worth (Cr)Total Assets (Cr)
December 2025₹202.5 Cr₹1 Cr₹-0.3 Cr
March 2025₹3.1 Cr₹1 Cr₹2.12 Cr
March 2024₹202.5 Cr₹0.1 Cr₹1.6 Cr
March 2023₹3.1 Cr₹0.1 Cr₹2.45 Cr
April 2026₹202.5 Cr₹0.49 Cr

About

OnEMI Technology Solutions Limited was incorporated in 2016 and is a digital lending company in India. It provides quick and easy loans through its mobile app to meet both personal and business needs. The company runs two platforms: Kissht, which is used for digital loans, and Ring, which is a payments app. It also helps online and offline merchants offer easy EMI options to their customers.

Industry Overview

Key Regulations and Policies", "History and Certain Corporate Matters", "Restated Consolidated Financial Information", "Financial Indebtedness", "Outstanding Litigation and Material Developments", "Other Regulatory and Statutory Disclosures", "Offer Procedure" and

ExchangeNSE
Issue Typemainboard
SectorFintech
Face Value1 per share

Documents

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