# Kissht Parent OnEMI Technology Solutions Debuts Strong on Exchanges with 12% Listing Premium > Shares of OnEMI Technology Solutions, operator of digital lending platform Kissht, debuted at Rs 190 on the NSE and Rs 191 on the BSE against an issue price of Rs 171. **Type:** article · **Category:** Market · **Published:** 2026-09-22 · **Source:** TrendKia **Canonical:** https://trendkia.com/en/market/kissht-ki-mula-knpani-onemi-technology-solutions-ki-bajara-men-majabuta-entri-12-phisadi-primiyama-para-hui-listinga-36085 · **Language:** English **Tags:** OnEMI Technology Solutions, Kissht, IPO Listing, Stock Market, BSE, NSE, Fintech A prominent digital lending player marked a steady debut on the domestic equity bourses on Friday. Shares of OnEMI Technology Solutions, the operating entity behind the consumer lending platform Kissht, listed at a premium of roughly 12 percent over their final public issue price. Against the IPO price of Rs 171 per equity share, the listing delivered immediate capital gains to allottees. Upon entering the secondary market, the fintech firm attained an aggregate market capitalization of Rs 3,417.68 crore. ## Opening Trades on the Stock Exchanges On the BSE, the company kicked off trading at Rs 191 per share, reflecting a premium of 11.69 percent over the issue price. Concurrently, on the National Stock Exchange, trading commenced at Rs 190 per share, establishing an initial uptick of 11.11 percent. Buying momentum accelerated further across both bourses as market participants continued to build positions following the bell. ## Fundraising Structure and Allocation Timeline OnEMI Technology Solutions had opened its bidding window on April 30 and concluded the public subscription process on May 5. Through this market exercise, the business successfully raised Rs 926 crore. The management had demarcated an offer price band of Rs 162 to Rs 171 per equity share of face value Re 1, ultimately settling allotments at the ceiling rate of Rs 171. Following the close of the book-building window, equity allocations were completed on May 6, with successful bidders receiving shares in their demat accounts on May 7. ## Subscription Numbers and Intraday Movement The total offering comprised a fresh issuance of 4,97,07,602 shares worth Rs 850 crore, alongside an offer for sale component of 44,39,788 shares valued at Rs 76 crore offloaded by selling stakeholders. Driven by broad institutional and retail demand, the issue garnered an overall subscription of 9.50 times by its concluding day on May 5. Intraday trends remained decidedly upbeat after the opening bell. By 02:22 PM on Friday, shares on the NSE were changing hands at Rs 213.81, up 25.04 percent or Rs 42.79 above the original issue price and 12.53 percent or Rs 23.81 higher than the morning listing quote. Across the day's market swings, the counter recorded an intraday low of Rs 190 before surging to an intraday peak of Rs 227.40. ## What this means for you Allotted IPO investors witnessed substantial immediate gains on day one of exchange trading. - **For Allottees:** Investors who secured shares at Rs 171 made an instant premium of around 11 to 12 percent upon listing. Gains expanded to Rs 42.79 per share as the stock rallied toward Rs 213.81 in afternoon trade. - **For Secondary Market Buyers:** Those who missed out on the initial allocation entered positions between Rs 190 and Rs 227.40 during intraday trade. The continued buying interest provided quick intraday margins for early morning buyers. - **For the Fintech Ecosystem:** A successful 9.50 times oversubscription and double-digit listing premium signals robust investor appetite for digital credit businesses. This positive sentiment could encourage peer startups preparing their own public market debuts. - **For Borrowers and Operations:** Securing Rs 850 crore in fresh capital strengthens the underlying balance sheet of the lending platform. Enhanced liquidity enables broader loan distribution capacity across its consumer segment. ## Why this happened The favorable market debut was driven by strong book-building interest and favorable pricing expectations. - **Heavy Bidding Demand:** The public offer logged an aggregate subscription of 9.50 times across categories. Substantial unmet allotment demand naturally spilled over into secondary market buying on listing day. - **Prudent Pricing Band:** The valuation set between Rs 162 and Rs 171 per share offered an attractive entry margin for institutional and retail bidders. Market participants saw room for upside given the platform's consumer reach. - **Substantial Fresh Capital:** Out of the Rs 926 crore aggregate mop-up, Rs 850 crore arrived via fresh issuance. Investors preferred this direct infusion into business growth over a predominantly promoter-led secondary exit. ## Questions & Answers ### 1. At what price did OnEMI Technology Solutions shares list? The shares debuted at Rs 191 on the BSE at an 11.69 percent premium, and at Rs 190 on the NSE at an 11.11 percent premium. ### 2. What was the final issue price of the IPO? The company fixed a price band of Rs 162 to Rs 171 per share with a face value of Re 1, allotting shares at the upper cap of Rs 171. ### 3. How much capital did the company raise through this offering? OnEMI Technology Solutions raised an aggregate sum of Rs 926 crore from the public issue. ### 4. What was the final subscription rate for the issue? By the close of bidding on May 5, the public issue had been subscribed 9.50 times across investor categories. ### 5. What was the peak intraday price reached on listing day? During Friday's trading session, the stock climbed to an intraday high of Rs 227.40. --- _TrendKia — Har trend, sabse pehle.. Machine-readable view; canonical HTML at the URL above._