Onemi Technology Solutions IPO

About OnEMI Technology Solutions IPO

OnEMI Technology Solutions IPO comprises a fresh issue and an offer for sale. The fresh issue aggregates up to ₹1000 crores, while the offer for sale aggregates up to 8,879,575 shares. It’s a 100% book-built issue. The price band is [TBA].

OnEMI Technology Solutions IPO opens on [TBA] and closes on [TBA]. The allotment of shares will take place on [TBA]. The credit of shares to the Demat account will take place on [TBA]. The initiation of refunds will take place on [TBA].

The listing of shares will take place on [TBA]. The lot size of shares in the IPO is [TBA]. The minimum investment amount required by a retail investor is ₹[TBA] based on the upper price. The minimum lot for retail investors in this IPO is [TBA].

OnEMI Technology Solutions is a technology-enabled lender in India, primarily offering digital loans through its mobile application for various consumption and business needs. It provides swift, accessible and personalised credit solutions to support its customers throughout their financial journeys.

Objectives of OnEMI Technology Solutions IPO

The objects of the offer are to:

• Augmenting the capital base of its subsidiary, Si Creva, to meet its future capital requirements
• General corporate purposes

Industry Outlook

Digital lending growth is driven particularly by Gen Z and millennials, who prefer instant personal loans and digital solutions over conventional methods. They value fast, seamless online processes with quick approvals and disbursals.

Financial institutions and fintechs are leveraging AI, data analytics, and digital infrastructure to streamline lending. This momentum is expected to expand across demographics as digital convenience reshapes credit access.

India’s mass-market loan segment is expanding steadily, led by households earning ₹0.5–1.5 million annually. As this group grows, rising credit awareness and aspirations are driving demand for personal loans and LAP, fuelling formal credit adoption for needs ranging from lifestyle upgrades to business capital.

Driven by younger, digital-first borrowers, digital loan disbursals are projected to grow from ₹2.3 trillion in Fiscal 2025 to ₹7.2 trillion by Fiscal 2030, reflecting demand for quick and seamless online credit.

OnEMI Technology Solutions Company Information

OnEMI Technology Solutions is a technology-enabled lender in India, primarily offering digital loans through its mobile application for various consumption and business needs. It provides swift, accessible and personalised credit solutions to support its customers throughout their financial journeys.

The company is focused on young individuals within the mass market segment, which according to the 1Lattice Report, represents India’s emerging middle class and is aspirational, digitally connected and underpenetrated in credit access.

Strengths of OnEMI Technology Solutions

• Large customer base acquired through a diversified multi-channel acquisition strategy
• Driving asset quality through advanced and comprehensive risk management
• Access to diversified and scalable funding sources
• Scalable, cloud-native and AI-built technology platform integrated across all key functions
• Experienced founders and leadership, backed by marquee investors

Risks of OnEMI Technology Solutions

• Decrease in demand for unsecured loans products may adversely affect business
• Inability to attract new customers or retain and grow its relationships with existing customers may adversely affect business
• Default from customers or non-recovery from customers may adversely affect business
• Inability to innovate the platform may result in the company being non competitive
• Growth of business depends upon the strength of “Kissht” brand
• Systems failures and resulting interruptions in the availability of platform could adversely affect business
• Disruption in sources of capital or inability to meet obligations could adversely affect business
• Any non-compliance with observations made by the RBI during inspections could subject to penalties
• Premature termination of lending arrangements may adversely affect business
• The company is impacted by volatility in interest rates

Anchor Investor Bidding Date

TBA

IPO Registrar and Book Running Lead Managers

IPO Registrar: KFin Technologies
Book Running Lead Managers: JM Financial, HSBC Securities and Capital Markets (India), Nuvama Wealth Management, SBI Capital Markets, and Centrum Capital

OnEMI Technology Solutions Business Model

OnEMI Technology Solutions primarily offers digital loans through its mobile application for various consumption and business needs. It offers swift, accessible and personalised credit solutions to support its customers.

OnEMI Technology Solutions Growth Trajectory

The revenue from operations of OnEMI Technology Solutions grew from ₹984.457 crores in FY 23 to ₹1337.465 crores in FY 25. The company has recorded a consistent growth in its AUM from ₹1267.928 crores from FY 23 to ₹4086.638 crores in FY 25, growing at a CAGR of 79.53%. A large customer base and access to diversified and scalable funding sources have helped the company grow over the years.

OnEMI Technology Solutions Market Position

As of March 31, 2025, OnEMI Technology Solutions had 53.23 million registered users and served 9.16 million customers. The company maintains a highly granular loan book with over 0.190 crores active customers and ₹4086.638 crores in assets under management (“AUM”) as of March 31, 2025.

How to Apply for the OnEMI Technology Solutions IPO?

To apply for this IPO:

1. Log in to your Kotak Securities Demat account: Log in to your Demat account to access IPO investments. Next, select the current IPO section.
2. Specify IPO details: Enter the number of lots and the price you wish to apply for.
3. Enter UPI ID: After entering your UPI ID, click submit. This will place your bid with the exchange.
4. Mandate Notification: Your UPI app will receive a mandate notification to block funds.
5. Approve Request: Your funds will be blocked once you approve the mandate request on your UPI.