OnEMI Technology IPO Allotment Status and Market Insights
Did you get OnEMI Technology IPO allotment? The GMP ahead of listing is the best in last few months
The Economic TimesImage: The Economic Times
Investors can check their allotment status for the OnEMI Technology Solutions IPO, which raised ₹926 crore (approximately $112 million USD). The IPO is set to list on the BSE and NSE on May 8, with shares currently trading at a grey market premium of 17%.
- 01OnEMI Technology's IPO raised ₹926 crore (around $112 million USD).
- 02The IPO received significant interest, especially from institutional investors.
- 03Shares are set to list on May 8, with a grey market premium of 17%.
- 04The company has over 63 million registered users and a strong financial performance.
- 05Analysts suggest listing gains will depend on market conditions.
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OnEMI Technology Solutions, a fintech company, is finalizing share allotments for its IPO, which closed on May 5 after raising ₹926 crore (approximately $112 million USD). The IPO attracted strong demand from both institutional and retail investors, with shares set to list on the BSE and NSE on May 8. In the grey market, OnEMI shares are commanding a premium of 17%, marking the first double-digit premium for a mainboard offering in several months. Investors can check their allotment status via KFin Technologies or the BSE website. Founded in 2016, OnEMI Technology operates digital lending platforms and reported a total income of ₹1,584 crore (around $200 million USD) for the nine months ending December 2025, with a profit after tax of ₹199 crore. Analysts believe that while the current grey market signals potential listing gains, actual performance will depend on broader market sentiment and demand on the debut day.
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The successful listing of OnEMI Technology could enhance investor confidence in fintech stocks and may lead to increased funding opportunities for similar companies.
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