OnEMI Technology Solutions Ltd's initial public offering (IPO), which operates the digital lending platform Kissht, has garnered a 60% subscription rate as of May 4. The IPO, valued at ₹926 crore (approximately $112 million USD), is set to close on May 5, with a price band of ₹162–171 per share. The Qualified Institutional Buyers (QIBs) segment is leading with a subscription of 1.45 times, while Retail Individual Investors (RIIs) lag behind at 16%. The estimated listing price is projected at ₹172.5, reflecting a slight premium over the upper price of the IPO. Brokerages have provided a mixed outlook, with Anand Rathi Research assigning a “Subscribe – Long Term” rating, citing the company's strong growth potential despite risks from unsecured loans. The IPO consists of a new issuance of ₹850 crore and an offer-for-sale of ₹76 crore from existing shareholders, aimed at supporting the capital growth of its subsidiary, Si Creva.