OnEMI Technology Solutions Shares Surge 11.11% on Market Debut
OnEMI Technology Solutions share price makes a strong debut, stock opens with a 11.11% premium at ₹190 apiece on NSE
Mint
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OnEMI Technology Solutions made a strong market debut on May 8, opening at ₹190 per share, an 11.11% premium over its issue price of ₹171. The IPO, valued at ₹926 crore, was oversubscribed 9.5 times, driven by significant interest from institutional investors.
- 01OnEMI Technology Solutions shares opened at ₹190, up 11.11% from the issue price.
- 02The IPO was oversubscribed 9.5 times, indicating strong demand.
- 03Institutional investors showed particular interest, with QIBs subscribing 24.87 times.
- 04The IPO raised ₹278 crore from anchor investors prior to its launch.
- 05The total issue value was ₹926 crore, comprising new equity shares and an offer-for-sale.
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On May 8, OnEMI Technology Solutions Ltd, which operates the digital lending platform Kissht, had a successful stock market debut, with shares opening at ₹190 on the National Stock Exchange (NSE), reflecting an 11.11% increase from the issue price of ₹171. On the Bombay Stock Exchange (BSE), shares opened at ₹191, marking an 11.70% rise. The company's initial public offering (IPO) was valued at ₹926 crore and saw a subscription rate of 9.5 times, driven largely by institutional investors. The qualified institutional buyers (QIB) segment was particularly robust, with a subscription rate of 24.87 times. Funds raised from the IPO will support the capital growth of its subsidiary, Si Creva, and fulfill various corporate objectives. The IPO's price band was set between ₹162-171, valuing the company at nearly ₹2,900 crore at the upper end. Analysts noted a positive trend in the grey market premium, indicating investor confidence in the stock's performance.
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The strong debut of OnEMI Technology Solutions shares may encourage more retail and institutional investors to consider investing in tech-focused IPOs, potentially leading to increased market activity.
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More about OnEMI Technology Solutions
OnEMI Technology Shares Set for Strong Market Debut with High Grey Market Premium
The Economic Times • May 8, 2026

OnEMI Technology Solutions IPO Lists Today with Strong Premium Expectations
Mint • May 8, 2026

OnEMI Technology Solutions IPO Set for Market Debut with Strong Subscription Rates
Mint • May 7, 2026
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