OnEMI Technology IPO Launch: Key Details and Analyst Insights
OnEMI Technology IPO opens tomorrow: GMP, price band, and Analyst view
The Economic TimesImage: The Economic Times
OnEMI Technology Solutions is launching an initial public offering (IPO) valued at ₹925.92 crore, opening for subscription from April 30 to May 5, 2026. The price band is set between ₹162 and ₹171 per share, with a grey market premium indicating positive investor sentiment. Analysts highlight the company's strong financial growth and healthy asset quality.
- 01OnEMI Technology IPO opens for subscription on April 30, 2026.
- 02Price band is set at ₹162–171 per share, with a minimum investment of ₹14,877.
- 03The IPO aims to raise ₹850 crore through a fresh issue and ₹75.92 crore via an offer for sale.
- 04The company reported a net profit of ₹199.27 crore for the nine months ending December 2025.
- 05Analysts view the IPO valuation as reasonable given the company's growth trajectory.
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OnEMI Technology Solutions is set to launch its initial public offering (IPO) on April 30, 2026, with subscriptions open until May 5, 2026. The IPO is valued at ₹925.92 crore and features a price band of ₹162 to ₹171 per share. Investors can bid for a minimum lot of 87 shares, requiring a minimum investment of ₹14,877 at the upper price band. The IPO consists of a fresh issue of 4.97 crore shares worth ₹850 crore and an offer for sale of 0.44 crore shares valued at ₹75.92 crore. Currently, the IPO commands a grey market premium of ₹4 per share, indicating a positive sentiment among investors. Founded in 2016, OnEMI operates as a digital lending platform in India, providing loans through its mobile apps. As of December 31, 2025, the company had 63.73 million registered users and reported a net profit of ₹199.27 crore for the nine months ending December 2025. Analysts have noted a strong financial performance, with a compound annual growth rate (CAGR) of 15.8% in net interest income and a healthy asset quality, reflected in a gross non-performing asset (NPA) ratio of 2.9%. The IPO is expected to finalize allotment on May 6, 2026, with a tentative listing on May 8, 2026, on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
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The IPO provides an opportunity for investors to participate in a growing digital lending market, potentially enhancing access to credit for consumers and businesses.
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More about OnEMI Technology Solutions
OnEMI Sets IPO Price Band at ₹162-171, Subscription Starts April 30
Business Standard • Apr 27, 2026

OnEMI Technology Solutions Sets Price Band for ₹926 Crore IPO Launching April 30
News 18 • Apr 27, 2026

OnEMI Technology Sets IPO Price Band Between ₹162-171 Ahead of April Launch
Business Standard • Apr 27, 2026
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