Onemi Technology Solutions (Kissht) IPO Sees 60% Subscription Rate
Onemi Technology Solutions (Kissht) IPO subscribed 60%
Business Standard
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Onemi Technology Solutions (Kissht) has garnered bids for 2.38 crore shares out of 3.97 crore available, achieving a subscription rate of 0.60 times as of May 4, 2026. The IPO, which opened on April 30, 2026, aims to raise ₹850 crore through a fresh issue of shares priced between ₹162 and ₹171 each.
- 01The IPO has received bids for 2.38 crore shares, indicating a 60% subscription rate.
- 02The price band for the IPO is set between ₹162 and ₹171 per share.
- 03The company aims to raise ₹850 crore through the issuance of 5.25 crore equity shares.
- 04Onemi Technology Solutions reported a consolidated net profit of ₹199.27 crore for the nine months ending December 2025.
- 05The company has a significant customer base of over 2.87 million active users.
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Onemi Technology Solutions (Kissht) has seen its initial public offering (IPO) subscribed 60%, with bids for 2.38 crore shares against 3.97 crore available as of May 4, 2026. The IPO, which opened on April 30 and will close on May 5, has a price band set between ₹162 and ₹171 per share. The company is looking to raise a total of ₹850 crore through the issuance of 5.25 crore equity shares, with a portion also allocated for an Offer for Sale (OFS) of 0.44 crore shares. The proceeds from the fresh issue will primarily be used to bolster the capital base of its subsidiary, Si Creva, to support future growth. As of December 2025, Onemi Technology Solutions reported a consolidated net profit of ₹199.27 crore and has over 2.87 million active customers. The company has demonstrated strong growth, with an Assets Under Management (AUM) of ₹5,955.75 crore and a compound annual growth rate (CAGR) of approximately 79.5% from March 2023 to March 2025.
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The successful IPO could enhance Onemi Technology Solutions' capital base, allowing for further business expansion and potentially leading to more job opportunities in the digital lending sector.
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